UPWK Stock Recent News

One of the hottest stocks over the past year is BigBear.ai Holdings (BBAI 2.03%). The shares have more than quadrupled over the past 12 months.

Upwork's strong fundamentals, low valuation, and recent profitability make it an attractive buy, despite modest revenue growth. AI and other risks exist, but I see them as manageable and not existential threats to Upwork in the near term. The gig economy remains robust, with Upwork holding a dominant market position and benefiting from global freelance trends.

Upwork Updates Summer 2025 release unveils 75+ new innovations built to drive better work outcomes and create opportunity for businesses and freelancers in the age of AI Upwork Updates Summer 2025 release unveils 75+ new innovations built to drive better work outcomes and create opportunity for businesses and freelancers in the age of AI

PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the second quarter of 2025 on Wednesday, August 6, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Upwork delivered strong Q1 results, with record EBITDA margin, robust free cash flow, and the first GSV growth in six quarters, aided by AI-driven features. Shares trade at just over 11x forward earnings and 2.2x sales—well below historical averages and that of the S&P 500, making valuation attractive. Upwork boasts a healthy balance sheet with $620M in cash, low net debt, and a 10% free cash flow yield when net cash is considered.

PALO ALTO, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- Upwork Inc.  (Nasdaq: UPWK), the world's work marketplace, today released a study by the Upwork Research Institute revealing that AI is not just accelerating productivity, but also moving from being a tool to a teammate, reshaping how organizations design roles, build teams, and sustain human connection in the workplace.

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.