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UPUPWK

Upwork Inc.

Hot onWhy it's trendingX chatter spiked vs its recent normBacked by solid revenue growthPrice and volume picking up
$UPWK·$1.1B·Staffing & Employment Services·Industrials
$9.05-5.6%YTD-51.6%1Y-28.0%
Mentions · last 7 days
2026-07-10: 55 posts2026-07-11: 27 posts2026-07-12: 37 posts2026-07-13: 140 posts2026-07-14: 145 posts2026-07-15: 209 posts2026-07-16: 184 posts803+49%
Price updated 10m ago·X counts updated 20h ago
UPUPWK
$UPWKUpwork Inc.
$9.06-5.58%803 posts+49%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $UPWK, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-07-17

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Freelance marketplace at $1.1B priced for a stall with real free-cash-flow and an Anthropic integration.

Upwork is the largest US-listed freelance-work marketplace, connecting businesses with independent professionals for on-demand project work. The equity has spent the last year being punished on growth deceleration; the fundamentals now look genuinely mispriced against the tape.

Where the setup gets interesting:

  • Growth has slowed but earnings are real: Q1 revenue up only 1.4% YoY to $195M, but PE is 9.9x with FCF yield 22% — the market is pricing this as if the top line has permanently stopped.
  • The multiple is deeply cheap on any measure: 9.9x trailing earnings, 6.2x FY27 consensus EPS of $1.55 — this is deep-value territory for a business still generating $130M+ of annualized free cash flow.
  • The AI integration is real: the June 17 Upwork-Anthropic integration ('Upwork Connects to Claude to help businesses find expert human talent') plus the Future Workforce Index positioning are the strategic hooks for the story to re-rate.
  • Insider action is small but mostly selling: CEO Hayden Brown sold $191K, CFO Erica Gessert sold $75K — no cluster, but no confidence-buying at 14% of the 52-week range either.
  • A $150M revolving credit facility signed June 23 is a modest liquidity move, not a growth-funding event — the balance sheet is fine.

The forward view: the August 5 Q2 print is the referee. A revenue beat with any hint that the growth rate has stabilized above 2% plus specific Anthropic-integration KPI disclosure is what restarts the coil upward. What keeps it stuck: another sub-2% growth quarter — the base rate of a marketplace business at that growth rate is a value trap, not a compounder. What breaks it lower: a further guidance cut, or a specific AI-substitution disclosure where enterprise buyers use Claude or similar AI to bypass freelance-listing volume.

What to watch: August 5 Q2 earnings, especially any acceleration above 2% growth and specific Anthropic-integration KPIs; an AI-substitution disclosure showing enterprise buyers bypassing freelance listings would break the coil the wrong way.

On the calendar: 2026-08-05 — Q2 2026 earnings

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Read the AI verdict + X sentiment for $UPWK

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  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
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What it does

Plain-English summary of the business — what they sell and how they make money.

Online freelance marketplace connecting businesses with independent professionals across tech, marketing, design, and creative fields globally.

Industry overviewAI analysisGenerated by AI from underlying data

Where Staffing & Employment Services sits in its cycle right now — and what that implies for $UPWK.

Staffing & Employment Services · Industrials

No material change from last week — Mastech Digital provides IT solutions and data analytics staffing as enterprises continue deploying AI and cloud infrastructure.

What this means for $UPWK

Neutral — Online freelance marketplace connecting businesses with independent professionals across tech, marketing, design, and creative fields globally; this business's revenue is largely decoupled from the enterprise AI implementation and digital analytics staffing demand.

Industry benchmark

5-name peer basket
+36.0%YTD
+8.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
9.9How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
9.6%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
15.6%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
21.8%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
1.3Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
17.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
77.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.7Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 7, 2026$0.24$0.25-4.0%
Q4 2025Feb 9, 2026$0.12$0.23-47.8%
Q3 2025Nov 3, 2025$0.21$0.25-16.0%
Q2 2025Aug 6, 2025$0.35$0.26+34.6%
Next earningsWed, Aug 5·consensus EPS $0.35

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$195.5M+1.4%77.2%16.7%$0.25$21.3M
Q4 FY25$198.4M+3.6%78.0%14.3%$0.12$63.2M
Q3 FY25$201.7M+4.1%77.3%14.8%$0.22$69.4M
Q2 FY25$194.9M+0.9%77.7%16.7%$0.25$70.1M

Forward consensus

5-year forecast · up to 7 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$777.9M$761.0M – $791.9M$1.55$1.50 – $1.587
FY27$828.5M$810.5M – $843.4M$1.75$1.70 – $1.797
FY28$939.0M$939.0M – $939.0M$2.05$1.87 – $2.195
FY29$1.1B$1.1B – $1.1B$2.64$2.57 – $2.702
FY30$1.2B$1.2B – $1.2B$2.92$2.84 – $2.992

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.2×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.14%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+10.0%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-32.9%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 114.5M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today3.4% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.995-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJun 18Erica GessertCFO9.2K sh$75KSellJun 18Sabrina MekhalfaChief Accounting Officer1.3K sh$10KSellJun 18Hayden BrownCEO23.5K sh$191KSellMay 18Kappus Anthony RayCOO1.9K sh$17KSellMay 18Hayden BrownCEO72.5K sh$624KSellMay 18Erica GessertCFO22.2K sh$192KSellMar 18Sabrina MekhalfaChief Accounting Officer1.5K sh$18K
+ 15 other (8 awards · 7 exempts) in window

See when $UPWK insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeJul 168-K — Item 5.02: Officer or director change
8-KMaterial agreementJun 238-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation
AI summary

Upwork Inc. entered a new Credit Agreement on June 23, 2026, with Bank of America as administrative agent and other lenders for a $150M secured revolving credit facility, including a $10M letter of credit sublimit, with BofA Securities and Wells Fargo Securities as joint lead arrangers. The new revolving credit facility provides Upwork with a meaningful liquidity backstop; the secured structure reflects current lender requirements for mid-cap technology companies.

3New insider — initial holdingsJun 83
AI summary

Claire Bramley joined Upwork Inc.'s board of directors effective June 4, 2026, and reports no securities beneficially owned. Routine initial Section 16 director disclosure; new director brings no pre-existing equity position at this online talent marketplace.

3New insider — initial holdingsJun 83
AI summary

David H. Lissy joined Upwork Inc.'s board of directors effective June 4, 2026, and reports no securities beneficially owned. Companion initial Section 16 director disclosure to the Bramley filing; two new directors were added to Upwork's board on the same date as part of a governance refresh disclosed in the companion 8-K.

8-KOfficer or director changeJun 58-K — Item 5.02: Officer or director change · Item 5.07: Shareholder vote
AI summary

Upwork Inc. held its 2026 Annual Meeting of Stockholders on June 4, 2026; Leela Srinivasan did not stand for re-election; Anilu Vazquez-Ubarri resigned from the board effective immediately prior to the director election; the Class III directorship vacated by Vazquez-Ubarri will be reduced per the certificate of incorporation, shrinking the board size. Notable governance changes at Upwork amid its reported exploration of strategic alternatives; the board reduction and voluntary departure are signals to monitor.

8-KRestructuring / exit costsMay 78-K — Item 2.02: Earnings release · Item 2.05: Restructuring / exit costs · Item 7.01: Press release / Reg FD
AI summary

Upwork Inc. reported Q1 2026 financial results for the quarter ended March 31, 2026 and disclosed a restructuring plan under Item 2.05. The restructuring is expected to generate charges of $7–9 million in Q2 2026, primarily cash-based, as the company streamlines its organizational structure and leverages AI and automation capabilities to improve efficiency. An investor presentation was furnished under Regulation FD alongside the earnings materials. Non-GAAP financial measures and reconciliations are included in the press release. The restructuring reflects Upwork's operational repositioning in a challenging freelance marketplace environment.

3New insider — initial holdingsApr 213
8-KOfficer or director changeMar 188-K — Item 5.02: Officer or director change
+ 15 other (7 13Gs · 2 proxys · 1 10-Q · 1 ARS) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Upwork vs. Wix.com: Which Tech Stock Is a Better Buy in 2026?fool.com·2d agoUpwork's Future Workforce Index 2026: How AI is Redefining the Value of Work as Skilled Freelancing Acceleratesglobenewswire.com·3d agoUpwork Connects to Claude to Help Businesses Find Expert Human Talent to Turn Ideas into Outcomesglobenewswire.com·30d agoMust-Watch Stocks to Make the Most of the Gig Economy's Popularityzacks.com·32d agoUPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firmprnewswire.com·36d ago

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Voices on X · last 7 days

No standout posts about $UPWK on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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