Upwork (UPWK) Expected to Release Earnings on Monday

Upwork (NASDAQ:UPWK) is expected to be announcing its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect the company to post earnings of $0.35 per share and revenue of $189.9660 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, August 10, 2026 at 5:00 PM ET.

Upwork Price Performance

NASDAQ:UPWK opened at $9.16 on Monday. Upwork has a one year low of $7.44 and a one year high of $22.84. The company has a market cap of $1.13 billion, a PE ratio of 11.31 and a beta of 0.99. The firm has a 50-day moving average of $8.77 and a 200-day moving average of $11.65.

Analyst Upgrades and Downgrades

UPWK has been the subject of a number of analyst reports. Wall Street Zen downgraded Upwork from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Roth Capital lowered Upwork from a “buy” rating to a “neutral” rating and set a $10.00 target price on the stock. in a report on Friday, May 8th. Royal Bank Of Canada cut their target price on Upwork from $20.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Monday, May 11th. Weiss Ratings downgraded Upwork from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. Finally, Canaccord Genuity Group lowered Upwork from a “buy” rating to a “hold” rating and lowered their price target for the company from $22.00 to $10.00 in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Upwork currently has an average rating of “Hold” and a consensus target price of $15.50.

Insider Activity

In other Upwork news, CEO Hayden Brown sold 23,468 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $8.15, for a total value of $191,264.20. Following the completion of the sale, the chief executive officer directly owned 797,495 shares of the company’s stock, valued at approximately $6,499,584.25. This represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Erica Gessert sold 9,169 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $8.15, for a total transaction of $74,727.35. Following the completion of the sale, the chief financial officer directly owned 341,609 shares of the company’s stock, valued at $2,784,113.35. The trade was a 2.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 34,471 shares of company stock worth $281,446. 4.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Upwork

Several institutional investors have recently modified their holdings of UPWK. Royal Bank of Canada lifted its holdings in Upwork by 68.9% during the first quarter. Royal Bank of Canada now owns 191,587 shares of the company’s stock worth $2,501,000 after acquiring an additional 78,123 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Upwork by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,466 shares of the company’s stock valued at $972,000 after purchasing an additional 3,599 shares during the period. Millennium Management LLC increased its position in shares of Upwork by 364.0% during the 1st quarter. Millennium Management LLC now owns 789,638 shares of the company’s stock valued at $10,305,000 after purchasing an additional 619,459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Upwork by 10.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 338,680 shares of the company’s stock valued at $4,420,000 after purchasing an additional 31,378 shares during the last quarter. Finally, Creative Planning raised its stake in shares of Upwork by 16.9% during the 2nd quarter. Creative Planning now owns 29,239 shares of the company’s stock worth $393,000 after purchasing an additional 4,230 shares during the period. 77.71% of the stock is owned by institutional investors.

Upwork Company Profile

Upwork Inc operates a leading online talent marketplace that connects businesses with independent professionals worldwide. Through its digital platform, the company enables clients across industries—including technology, marketing, creative services and customer support—to source, hire and manage freelance talent on demand. Key features of the Upwork platform include streamlined job posting, proposal evaluation, time-tracking tools, invoicing and secure payment processing, all designed to simplify collaboration between clients and remote workers.

The company traces its roots to the merger of two pioneering freelance marketplaces, Elance (founded in 1998) and oDesk (founded in 2003), which combined in 2015 to form a unified entity.