UPWK
UpworkCNasdaq / Commercial & Professional Services
Last Price
At close
2026-07-20
Current thesis
The bull read is that Q1 still showed profitable execution: revenue was up 1%, adjusted EBITDA was $57.4 million, AI-related work and SMB metrics were strong, Marketplace take rate expanded, and management raised full-year adjusted EBITDA guidance. After the sharp selloff on May 7-8, 2026, a meaningful portion of the near-term disappointment appears reflected in the stock.
Posture
Mixed
Lead driver
Value
What changed
Next scheduled catalyst: earnings 2026-07-23.
What can break
Active clients were 784,000 in Q1 2026, leaving the current improvement skewed toward monetization and spend per client rather than a broad client-count recovery. [#8-K-2026-05-07]
Momentum
14
Value
70
Sentiment
58
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $10.50 · Bull $14.00 · Bear $7.00
Earnings
2026-07-23
Data freshness
Prices
As of 2026-07-20
Fundamentals
As of 2026-07-20 • Vendor: Data Vendor v1
Scores
As of 2026-07-20 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-20
Investment thesis
As of 2026-07-20
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $12.44
Why
Momentum14 · Δ7d +4.6
Value70 · Δ7d -0.5
Sentiment58 · Δ7d -7.8
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Lead driver: Value · See fundamentals
Momentum
14
26% active weight
Current posture
7d trendFlat
Δ7d
+4.6
Δ21d
+6.0
Value
70
39% active weight
Current posture
7d trendFlat
Δ7d
-0.5
Δ21d
-1.0
Sentiment
58
34% active weight
Current posture
7d trendSoftening
Δ7d
-7.8
Δ21d
-11.9
Why this grade
Composite grade C. Momentum 14.4 / Value 69.7 / Sentiment 58.4
Fundamentals (TTM)As of 2026-07-20
Fundamentals (TTM)
As of 2026-07-20
Market Cap
$1.15B
Beta
1.06
Shares Out
123.52M
P/E (TTM)
12.3
P/S (TTM)
3.45
P/FCF (TTM)
13.43
Rev YoY
+1.4%
EPS YoY
-12.0%
Gross Margin
+77.5%
Op Margin
+14.7%
Net Debt
-$305.23M
Current Ratio
1.36
As of 2026-07-20 • Updated nightlySource: Internal modelMethodology