In recent trading session, Upwork Inc (NASDAQ:UPWK) saw 0.94 million shares changing hands at last check today with its beta currently measuring 1.58. Company’s recent per share price level of $9.96 trading at $0.51 or 5.35% at last check today assigns it a market valuation of $1.31B. That most recent trading price of UPWK’s stock is at a discount of -64.26% from its 52-week high price of $16.36 and is indicating a premium of 15.36% from its 52-week low price of $8.43. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.42 million shares which gives us an average trading volume of 2.20 million if we extend that period to 3-months.
For Upwork Inc (UPWK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.55. Splitting up the data highlights that, out of 10 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.24 in the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Upwork Inc (NASDAQ:UPWK) trade information
Upright in the green today for gaining 5.35%, in the last five days UPWK remained trading in the green while hitting it’s week-highest on Thursday, 08/15/24 when the stock touched $9.96 price level, subtracting -0.5% to its value on the day. Upwork Inc’s shares saw a change of -33.05% in year-to-date performance and have moved 6.25% in past 5-day. Upwork Inc (NASDAQ:UPWK) showed a performance of -15.06% in past 30-days. Number of shares sold short was 14.34 million shares which calculate 8.06 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 25 to the stock, which implies a rise of 60.16% to its recent value today. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 74. It follows that stock’s current price would drop -10.44% in reaching the projected high whereas dropping to the targeted low would mean a loss of -10.44% for stock’s current value.
Upwork Inc (UPWK) estimates and forecasts
Statistics highlight that Upwork Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -34.68% of value to its shares in past 6 months, showing an annual growth rate of 76.92% while that of industry is 18.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 7.40% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 182.1M for the same. And 7 analysts are in estimates of company making revenue of 174M in the next quarter.
Upwork Inc (NASDAQ:UPWK)’s Major holders
Insiders are in possession of 7.21% of company’s total shares while institution are holding 79.77 percent of that, with stock having share float percentage of 85.97%. Investors also watch the number of corporate investors in a company very closely, which is 79.77% institutions for Upwork Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at UPWK for having 16.0 million shares of worth $196.11 million. And as of 2024-03-31, it was holding 11.7086 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 9.43 million shares on 2024-03-31. The number of shares represents firm’s hold over 6.9001 of outstanding shares, having a total worth of $115.57 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024, the former fund manager was holding 3.8 shares of worth $37.8 million or 2.88% of the total outstanding shares. The later fund manager was in possession of 3.16 shares on Mar 31, 2024, making its stake of worth around $31.41 million in the company or a holder of 2.39% of company’s stock.
