UPWK Stock Recent News

UPWK dips while FVRR rallies in the past 3 months, but Upwork's AI-first pivot and record Q1 profits give it the edge in the freelance platform race.

Council brings together leading academics from MIT, Stanford and Georgetown to advise on AI-human workforce design, identify labor market shifts, and guide Upwork's AI-powered evolution PALO ALTO, Calif., June 30, 2025 (GLOBE NEWSWIRE) -- Upwork Inc.  (Nasdaq: UPWK), the world's work marketplace, today announced the formation of the Upwork Economic Advisory Council, a group of preeminent economists, scientists, and researchers who will provide strategic guidance to the company as it advances its human and AI-powered platform to better serve customers around the world in getting work done.

Staffing stocks like PCTY, PEGA, and UPWK are gaining traction as AI, flexibility and skills-based hiring reshape the job market.

UPWK's GSV per client grows year over year for the first time in six quarters in Q1, fueled by AI work, premium plans and product upgrades.

UPWK's Business Plus plan is drawing bigger clients fast, doubling users with minimal marketing, and lifting average client spending on the platform.

UPWK stock is down 18% YTD, but record Q1 results and surging AI adoption may signal a strong long-term opportunity.

UPWK's AI tools are boosting proposal volumes, client conversions and earnings as competition heats up in the freelance space.

UPWK is becoming a go-to source for AI talent, helping firms tackle complex projects beyond basic automation.

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Dana Evan & Glenn Kelman join Upwork's Board of Directors, bringing deep operational experience in financial strategy, market leadership, & platform scale