How to buy Upwork stock | 20.08

Upwork Inc is a staffing & employment services business based in the US. Upwork shares (UPWK) are listed on the NASDAQ and all prices are listed in US Dollars. Upwork employs 570 staff and has a trailing 12-month revenue of around USD$329 million.

How to buy shares in Upwork

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Upwork. Find the stock by name or ticker symbol: UPWK. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Upwork reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$20.08, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Upwork, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Upwork. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Upwork's share price?

Since the stock market crash in March caused by coronavirus, Upwork's share price has had significant positive movement.

Its last market close was USD$20.08, which is 54.73% up on its pre-crash value of USD$9.09 and 290.66% up on the lowest point reached during the March crash when the shares fell as low as USD$5.14.

If you had bought USD$1,000 worth of Upwork shares at the start of February 2020, those shares would have been worth USD$715.42 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$2,241.13.

Upwork share price

Use our graph to track the performance of UPWK stocks over time.

Upwork shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	USD$20.08
52-week range	USD$5.14 - USD$21.3
50-day moving average	USD$17.062
200-day moving average	USD$13.5134
Wall St. target price	USD$18.71
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.219

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Is it a good time to buy Upwork stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Upwork Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Upwork price performance over time

Historical closes compared with the close of $20.08 from 2020-10-16

1 week (2020-10-16)	20.08
1 month (2020-09-25)	20.24%
3 months (2020-07-24)	49.85%
6 months (2020-04-24)	154.50%

1 year (2019-10-25)	35.49%
2 years (2018-10-25)	2.97%
3 years (2017-10-22)	N/A
5 years (2015-10-22)	N/A

Upwork financials

Revenue TTM	USD$329 million
Gross profit TTM	USD$212.4 million
Return on assets TTM	-4.08%
Return on equity TTM	-11.4%
Profit margin	-9.15%
Book value	$2.265
Market capitalisation	USD$2.5 billion

TTM: trailing 12 months

Shorting Upwork shares

There are currently 3.8 million Upwork shares held short by investors – that's known as Upwork's "short interest". This figure is 4.3% down from 4.0 million last month.

There are a few different ways that this level of interest in shorting Upwork shares can be evaluated.

Upwork's "short interest ratio" (SIR)

Upwork's "short interest ratio" (SIR) is the quantity of Upwork shares currently shorted divided by the average quantity of Upwork shares traded daily (recently around 2.2 million). Upwork's SIR currently stands at 1.78. In other words for every 100,000 Upwork shares traded daily on the market, roughly 1780 shares are currently held short.

However Upwork's short interest can also be evaluated against the total number of Upwork shares, or, against the total number of tradable Upwork shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Upwork's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Upwork shares in existence, roughly 30 shares are currently held short) or 0.0395% of the tradable shares (for every 100,000 tradable Upwork shares, roughly 40 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Upwork.

Find out more about how you can short Upwork stock.

Upwork share dividends

We're not expecting Upwork to pay a dividend over the next 12 months.

Upwork share price volatility

Over the last 12 months, Upwork's shares have ranged in value from as little as $5.14 up to $21.3. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Upwork's is 1.5618. This would suggest that Upwork's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Upwork overview

Upwork Inc. operates an online talent marketplace that enables businesses (clients) to find and work with various independent professionals and agencies (freelancers) in the United States, India, the Philippines, and internationally. The company's platform provides access to talent with approximately 8,000 skills across approximately 70 categories, including content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development. Its platform also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's platform offers access to various functionalities for remote engagements with freelancers comprising communication and collaboration, time tracking, invoicing, and payment. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in Santa Clara, California.

Frequently asked questions

• What percentage of Upwork is owned by insiders or institutions?

  Currently 9.09% of Upwork shares are held by insiders and 74.291% by institutions.

• How many people work for Upwork?

  Latest data suggests 570 work at Upwork.

• When does the fiscal year end for Upwork?

  Upwork's fiscal year ends in December.

• Where is Upwork based?

  Upwork's address is: 2625 Augustine Drive, Santa Clara, CA, United States, 95054

• What is Upwork's CUSIP number?

  Upwork's Committee on Uniform Securities Identification Procedures number is: 91688F104