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 (EPS) guidance of 0.310-0.330 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on UPWK shares. Citigroup reissued an “outperform” rating on shares of Upwork in a research note on Wednesday, September 24th. UBS Group set a $21.00 price target on shares of Upwork and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Wall Street Zen raised shares of Upwork from a “hold” rating to a “buy” rating in a research note on Sunday, September 28th. JMP Securities raised their target price on shares of Upwork from $20.00 to $27.00 and gave the stock a “market outperform” rating in a research report on Wednesday, September 24th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Upwork in a research report on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Upwork currently has a consensus rating of “Moderate Buy” and an average price target of $19.42.

Upwork Price Performance

NASDAQ UPWK traded down $0.31 on Monday, reaching $15.63. The company’s stock had a trading volume of 3,961,875 shares, compared to its average volume of 2,576,293. Upwork has a twelve month low of $11.13 and a twelve month high of $20.54. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.36 and a current ratio of 3.36. The stock has a market cap of $2.07 billion, a PE ratio of 8.98 and a beta of 1.54. The firm’s 50 day moving average is $17.02 and its two-hundred day moving average is $15.14.

Upwork (NASDAQ:UPWK) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.04). Upwork had a net margin of 31.75% and a return on equity of 44.83%. 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, sell-side analysts predict that Upwork will post 0.84 EPS for the current year.

Upwork announced that its board has approved a share buyback program on Wednesday, September 3rd that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 4.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Upwork

In other news, CEO Hayden Brown sold 20,000 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $20.00, for a total transaction of $400,000.00. Following the completion of the transaction, the chief executive officer owned 1,082,358 shares of the company’s stock, valued at approximately $21,647,160. The trade was a 1.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Erica Gessert sold 8,730 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $19.16, for a total value of $167,266.80. Following the transaction, the chief financial officer directly owned 218,605 shares of the company’s stock, valued at $4,188,471.80. This trade represents a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. 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.

Hedge Funds Weigh In On Upwork

Institutional investors have recently added to or reduced their stakes in the business. Brevan Howard Capital Management LP bought a new position in Upwork in the second quarter worth approximately $996,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Upwork by 5.1% in the first 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 in the last quarter. Bayesian Capital Management LP bought a new position in Upwork in the second quarter worth approximately $717,000. CANADA LIFE ASSURANCE Co grew its stake in Upwork by 16.0% in the second quarter. CANADA LIFE ASSURANCE Co now owns 45,706 shares of the company’s stock worth $614,000 after purchasing an additional 6,297 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Upwork by 259.4% in the second quarter. BNP Paribas Financial Markets now owns 38,794 shares of the company’s stock worth $521,000 after purchasing an additional 28,001 shares in the last quarter. 77.71% of the stock is currently owned by institutional investors.

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.