UPWK Stock Summary and Trading Ideas (Upwork | NASDAQ:UPWK)

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes and connects businesses with AI-enabled talent across every on-demand work type, including freelance, agency, fractional, and payrolled. The business generates revenue from Talent and Clients across the USA, India, Pakistan, the Philippines and the rest of the world. Maximum revenue of the company is derived from Talent segment.

Upwork trades on the NASDAQ stock market under the symbol UPWK.

As of June 2, 2026, UPWK stock price declined to $8.98 with 2,015,307 million shares trading.

UPWK has a beta of 1.36, meaning it tends to be more sensitive to market movements. UPWK has a correlation of 0.07 to the broad based SPY ETF.

UPWK has a market cap of $1.11 billion. This is considered a Small Cap stock.

Last quarter Upwork reported $195 million in Revenue and $.35 earnings per share. This fell short of revenue expectation by $-596,424 and exceeded earnings estimates by $.08.

In the last 3 years, UPWK traded as high as $22.84 and as low as $7.44.

The top ETF exchange traded funds that UPWK belongs to (by Net Assets): IJR, VTI, VB, IWM, VBK.

UPWK has underperformed the market in the last year with a price return of -42.0% while the SPY ETF gained +30.1%. UPWK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -33.1% and +2.6%, respectively, while the SPY returned +10.9% and +2.8%, respectively.

UPWK support price is $9.03 and resistance is $9.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UPWK shares will trade within this expected range on the day.