Upwork (NASDAQ:UPWK) Releases Q4 2025 Earnings Guidance

Upwork (NASDAQ:UPWK) issued an update on its fourth quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.310-0.330 for the period, compared to the consensus earnings per share estimate of 0.280. The company issued revenue guidance of $193.0 million-$198.0 million, compared to the consensus revenue estimate of $192.5 million. Upwork also updated its FY 2025 guidance to 1.350-1.370 EPS.

Upwork Stock Up 13.2%

UPWK opened at $17.70 on Wednesday. The stock’s 50 day moving average price is $17.09 and its 200 day moving average price is $15.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.36 and a quick ratio of 3.36. The stock has a market cap of $2.35 billion, a P/E ratio of 10.11 and a beta of 1.57. Upwork has a 12 month low of $11.13 and a 12 month high of $20.54.

Upwork (NASDAQ:UPWK) last announced its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.04). Upwork had a net margin of 31.63% and a return on equity of 41.66%. The business had revenue of ($387.62) million for the quarter, compared to the consensus estimate of $193.33 million. During the same period in the previous year, the firm earned $0.30 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Upwork has set its FY 2025 guidance at 1.350-1.370 EPS. Q4 2025 guidance at 0.310-0.330 EPS. As a group, research analysts predict that Upwork will post 0.84 earnings per share for the current year.

Upwork announced that its Board of Directors has authorized a share repurchase plan on Wednesday, September 3rd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wall Street Zen raised shares of Upwork from a “hold” rating to a “buy” rating in a research note on Sunday, September 28th. Royal Bank Of Canada increased their price objective on shares of Upwork from $18.00 to $21.00 and gave the company a “sector perform” rating in a report on Tuesday. The Goldman Sachs Group raised their price objective on shares of Upwork from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Upwork in a report on Wednesday, October 8th. Finally, UBS Group increased their price target on Upwork from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.83.

Insider Transactions at Upwork

In other news, CFO Erica Gessert sold 8,730 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $19.16, for a total transaction of $167,266.80. Following the completion of the sale, the chief financial officer directly owned 218,605 shares of the company’s stock, valued at $4,188,471.80. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Dave Bottoms sold 10,014 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $19.96, for a total value of $199,879.44. Following the completion of the transaction, the insider owned 345 shares of the company’s stock, valued at $6,886.20. This trade represents a 96.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 222,576 shares of company stock valued at $3,670,318 in the last three months. 7.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of Upwork by 68.9% in the first quarter. Royal Bank of Canada now owns 191,587 shares of the company’s stock worth $2,501,000 after acquiring an additional 78,123 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Upwork by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,466 shares of the company’s stock worth $972,000 after purchasing an additional 3,599 shares during the period. Millennium Management LLC boosted its stake in Upwork by 364.0% in the 1st quarter. Millennium Management LLC now owns 789,638 shares of the company’s stock worth $10,305,000 after purchasing an additional 619,459 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Upwork by 10.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 338,680 shares of the company’s stock worth $4,420,000 after purchasing an additional 31,378 shares in the last quarter. Finally, Creative Planning raised its stake in Upwork by 16.9% during the 2nd quarter. Creative Planning now owns 29,239 shares of the company’s stock valued at $393,000 after purchasing an additional 4,230 shares during the period. 77.71% of the stock is currently owned by institutional investors and hedge funds.

Upwork Company Profile

Upwork Inc, together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company’s work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development.