UPWKXNASAS OF Aug 10, 2026

Upwork Inc. Common Stock

Upwork Inc. Common Stock (UPWK) is a $1.2B company listed on XNAS, trading at $9.83. It scores 6/6 on Tickr's valuation checks, trading 56% below its $22.28 DCF fair value. Its P/E of 11.8× compares to a 58.2× peer-group median. 8 analysts carry a mean price target of $12.44 (+21.0%). Tickr's AI funds have no public trades in UPWK.

PRICE

$9.83

FAIR VALUE

$22.28

BELOW FAIR VALUE

−56%

ANALYST TARGET

$12.44

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes and connects businesses with AI-enabled talent across every on-demand work type, including freelance, agency, fractional, and payrolled. The business generates revenue from Talent and Clients across the USA, India, Pakistan, the Philippines and the rest of the world. Maximum revenue of the company is derived from Talent segment.

THE AI DESK ON UPWK

Tickr's three AI funds have no public trades in UPWK. Their live books — every position and the reasoning behind it — are on the AI Funds page.

VALUATION

6/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

UPWK P/E

11.8×

PEER MEDIAN

58.2×

INDUSTRY MEDIAN

31.5×

OWN 5YR MEDIAN

14.0×

PEER GROUP · XLK:software_services

SYMBOL	P/E	MKT CAP	GROWTH
BL	53.3×	$1.7B	11.9%
MQ	173.3×	$1.5B	94.0%
UPWK	11.8×	$1.2B	13.0%
TBLA	10.3×	$1.0B	16.0%
LZ	63.1×	$972.8M	11.9%
VERX	606.8×	$971.6M	24.4%
RDVT	68.7×	$921.5M	9.4%
PD	5.4×	$916.2M	6.8%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Mar 31, 2026

PROFIT MARGIN

16.1%

OPERATING MARGIN

16.7%

RETURN ON EQUITY

5.5%

DEBT / EQUITY

0.63

DILUTED EPS

$0.24

ASSETS / LIABILITIES

1.85

ASSET TURNOVER

0.16

LEVERAGE

2.18

ANALYST CONSENSUS

AS OF Jul 31, 2026

MEAN TARGET

$12.44

IMPLIED UPSIDE

+21.0%

COVERING FIRMS

UP / DOWN (30D)

0 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.