Upwork Inc (NASDAQ:UPWK) has a beta value of 1.42 and has seen 1.04 million shares traded in the recent trading session. The company, currently valued at $1.74B, closed the recent trade at $13.24 per share which meant it gained $0.17 on the day or 1.30%% during that session. The UPWK stock price is -37.01% off its 52-week high price of $18.14 and 36.33% above the 52-week low of $8.43. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.38 million shares traded. The 3-month trading volume is 2.07 million shares.
The consensus among analysts is that Upwork Inc (UPWK) is Buy stock at the moment, with a recommendation rating of 1.91. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 10 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.
Upwork Inc (NASDAQ:UPWK) trade information
Sporting 1.30%% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the UPWK stock price touched $13.24 or saw a rise of 4.47%. Year-to-date, Upwork Inc shares have moved 30.83%, while the 5-day performance has seen it change -3.57%. Over the past 30 days, the shares of Upwork Inc (NASDAQ:UPWK) have changed -18.37%. Short interest in the company has seen 11.86 million shares shorted with days to cover at 4.95.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 11.73% from the levels at last check today.. The projected low price target is $15.0 while the price target rests at a high of $15.0. In that case, then, we find that the latest price level in today’s session is -13.29% off the targeted high while a plunge would see the stock gain -13.29% from the levels at last check today..
Upwork Inc (UPWK) estimates and forecasts
The company’s shares have lost -20.14% over the past 6 months.
Earnings growth for 2025 is a modest 11.43% while over the next 5 years, the company’s earnings are expected to increase by 11.77%.
UPWK Dividends
Upwork Inc is expected to release its next earnings report on 2025-May-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Upwork Inc (NASDAQ:UPWK)’s Major holders
Insiders own 7.74% of the company shares, while shares held by institutions stand at 90.70% with a share float percentage of 98.30%. Investors are also buoyed by the number of investors in a company, with Upwork Inc having a total of 381.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 16.33 million shares worth more than $175.56 million. As of 2024-06-30, VANGUARD GROUP INC held 12.425% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 9.93 million shares as of 2024-06-30. The firm’s total holdings are worth over $106.72 million and represent 7.5534% of shares outstanding.
