Upwork is a staffing & employment services business based in the US. Upwork stocks (UPWK.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $55.36 – an increase of 6.9% over the previous week. Upwork employs 540 staff and has a trailing 12-month revenue of around $440.7 million.
How to buy Upwork stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: UPWK in this case.
- Research Upwork stocks. The platform should provide the latest information available.
- Buy your Upwork stocks. It's that simple.
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.
What's in this guide?
- Can I buy shares in Upwork?
- Has coronavirus impacted Upwork shares?
- Upwork shares summary
- Compare share dealing platforms
- Is Upwork stock a buy or sell?
- Upwork performance over time
- Can I short Upwork shares?
- Upwork's financials
- How volatile are Upwork shares?
- Does Upwork pay a dividend?
- Other common questions
How has Coronavirus impacted Upwork's stock price?
Since the stock market crash in March caused by coronavirus, Upwork's stock price has had significant positive movement.
Its last market close was $50.02, which is 81.83% up on its pre-crash value of $9.09 and 873.15% up on the lowest point reached during the March crash when the stocks fell as low as $5.14.
If you had bought $1,000 worth of Upwork stocks at the start of February 2020, those stocks would have been worth $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 $5,582.73.
Upwork stock priceUse our graph to track the performance of UPWK stocks over time.
Upwork stocks at a glance
|Latest market close||$50.02|
|52-week range||$14.83 - $63.88|
|50-day moving average||$45.0126|
|200-day moving average||$47.4773|
|Wall St. target price||$66.71|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.211|
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Note: The dollar amounts in the table below are in Canadian dollars.
Upwork price performance over time
|1 week (2021-09-15)||6.90%|
|1 month (2021-08-20)||19.61%|
|3 months (2021-06-22)||-8.07%|
|6 months (2021-03-22)||9.38%|
|1 year (2020-09-22)||217.59%|
|2 years (2019-09-20)||264.84%|
|Revenue TTM||USD$440.7 million|
|Gross profit TTM||USD$269.4 million|
|Return on assets TTM||-2.25%|
|Return on equity TTM||-9.05%|
|Market capitalisation||USD$6.3 billion|
TTM: trailing 12 months
How to short and sell Upwork stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "UPWK.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 5.6 million Upwork stocks held short by investors – that's known as Upwork's "short interest". This figure is 9.1% up from 5.1 million last month.
There are a few different ways that this level of interest in shorting Upwork stocks can be evaluated.
Upwork's "short interest ratio" (SIR)
Upwork's "short interest ratio" (SIR) is the quantity of Upwork stocks currently shorted divided by the average quantity of Upwork stocks traded daily (recently around 1.6 million). Upwork's SIR currently stands at 3.52. In other words for every 100,000 Upwork stocks traded daily on the market, roughly 3520 stocks are currently held short.
However Upwork's short interest can also be evaluated against the total number of Upwork stocks, or, against the total number of tradable Upwork stocks (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 0.04% of the outstanding stocks (for every 100,000 Upwork stocks in existence, roughly 40 stocks are currently held short) or 0.0481% of the tradable stocks (for every 100,000 tradable Upwork stocks, roughly 48 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Upwork.
Find out more about how you can short Upwork stock.
Upwork stock dividends
We're not expecting Upwork to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Upwork stock price volatility
Over the last 12 months, Upwork's stocks have ranged in value from as little as $14.83 up to $63.88. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Upwork's is 1.9698. This would suggest that Upwork's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Upwork Inc., together with its subsidiaries, operates an online talent marketplace that enables businesses to find and work with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's platform provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software 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.
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