
Upwork Inc (UPWK) Stock Forecast & Price Target
Upwork Inc (UPWK) Analyst Ratings
Bulls say
Upwork Inc. has demonstrated a positive turnaround in growth through its General Service Volume (GSV), signaling a resurgence in business performance. The company’s ongoing cost discipline coupled with increased revenue potential suggests promising profitability improvements. These factors contribute to a strengthened outlook for the company amidst its broad client base and diverse service offerings in the freelance marketplace.
Bears say
Upwork Inc. faces significant challenges that contribute to a negative outlook on its stock, including increasing competition for freelancers and the risk of freelancers bypassing the marketplace altogether. The company has a concerning client retention rate of only 58%, which suggests difficulties in maintaining its customer base. Additionally, ongoing pressures on take rates and execution risks associated with the build-out of Upwork's Enterprise opportunity further exacerbate the uncertainty surrounding its financial performance.
This aggregate rating is based on analysts' research of Upwork Inc and is not a guaranteed prediction by Public.com or investment advice.
Upwork Inc (UPWK) Analyst Forecast & Price Prediction
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