Upwork (UPWK) Expected to Announce Quarterly Earnings on Monday

Upwork (NASDAQ:UPWK) is expected to be issuing its Q3 2025 results after the market closes on Monday, November 3rd. Analysts expect the company to announce earnings of $0.25 per share and revenue of $193.3290 million for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Monday, November 3, 2025 at 5:00 PM ET.

Upwork (NASDAQ:UPWK) last issued its earnings results on Wednesday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.09. Upwork had a return on equity of 44.83% and a net margin of 31.75%.The firm had revenue of $194.94 million for the quarter, compared to analysts’ expectations of $187.56 million. During the same quarter last year, the business earned $0.26 earnings per share. The company’s revenue was up .9% compared to the same quarter last year. On average, analysts expect Upwork to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Upwork Price Performance

Shares of UPWK opened at $15.94 on Friday. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.59. Upwork has a 1 year low of $11.13 and a 1 year high of $20.54. The stock has a market cap of $2.11 billion, a P/E ratio of 9.16 and a beta of 1.54. The stock’s 50-day moving average price is $17.02 and its two-hundred day moving average price is $15.11.

Upwork declared that its Board of Directors has initiated a share buyback program on Wednesday, September 3rd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 4.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. UBS Group set a $21.00 price objective on Upwork and gave the company a “buy” rating in a report on Tuesday. Citigroup reiterated an “outperform” rating on shares of Upwork in a report on Wednesday, September 24th. JMP Securities lifted their price objective on Upwork from $20.00 to $27.00 and gave the company a “market outperform” rating in a report on Wednesday, September 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Upwork in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Upwork from a “hold” rating to a “buy” rating in a report on Sunday, September 28th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.42.

Insider Activity at Upwork

In related news, CEO Hayden Brown sold 20,000 shares of Upwork stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.00, for a total value of $400,000.00. Following the sale, the chief executive officer owned 1,082,358 shares of the company’s stock, valued at approximately $21,647,160. This trade represents a 1.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Erica Gessert sold 8,730 shares of Upwork stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $19.16, for a total value of $167,266.80. Following the completion of the sale, the chief financial officer directly owned 218,605 shares in the company, valued at approximately $4,188,471.80. This represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 222,576 shares of company stock valued at $3,670,318. 7.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Upwork

Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Upwork by 19,361.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,503 shares of the company’s stock valued at $47,000 after buying an additional 3,485 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Upwork by 1,333.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 13,972 shares of the company’s stock worth $188,000 after purchasing an additional 12,997 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Upwork by 85.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 15,850 shares of the company’s stock worth $213,000 after purchasing an additional 7,319 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Upwork by 51.4% during the 2nd quarter. Cetera Investment Advisers now owns 16,363 shares of the company’s stock worth $220,000 after purchasing an additional 5,553 shares during the last quarter. Finally, Caxton Associates LLP acquired a new position in shares of Upwork during the 2nd quarter worth approximately $241,000. Institutional investors and hedge funds own 77.71% of the company’s stock.

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.