- Upwork (UPWK, Financial) beats Q1 2025 earnings expectations with impressive revenue growth.
- Wall Street analysts project a significant potential upside for Upwork shares.
- Current recommendations suggest an "Outperform" rating for the stock.
Upwork Inc. (UPWK) has made waves in the financial sector with its recent Q1 2025 earnings report. The company reported a Non-GAAP EPS of $0.34, surpassing analyst expectations by $0.07. Moreover, the freelancing platform achieved $192.7 million in revenue, beating forecasts by $4.21 million. For Q2, Upwork is projecting revenues between $184 million and $189 million, along with a Non-GAAP EPS range of $0.26 to $0.28.
Wall Street Analysts Forecast
Market sentiment appears optimistic, as evidenced by price targets set by analysts. With 10 experts weighing in, the average one-year target price for Upwork is $19.20. This includes a high estimate of $25.00 and a low of $15.00. These predictions suggest a substantial upside of 44.14% from the current share price of $13.32. Investors can access more detailed projections on the Upwork Inc (UPWK, Financial) Forecast page.
In terms of investment outlook, Upwork holds an average brokerage recommendation of 2.4 from 11 firms, indicating it is expected to "Outperform." The rating system ranges from 1 to 5, with 1 representing a Strong Buy and 5 indicating a Sell.
According to GuruFocus estimates, Upwork's GF Value—a reflection of what the stock is considered worth—is $14.01 for the upcoming year. This suggests an additional upside potential of 5.18% from the current market price of $13.32. GF Value is determined by analyzing historical trading multiples and forecasting future business dynamics. For a more comprehensive overview, visit the Upwork Inc (UPWK, Financial) Summary page.
