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Upwork. Inc. NASDAQ: UPWK has been pursuing its goal of being the world's preeminent destination for artificial intelligence (AI) related talent and freelance work. The business services sector company is directly capitalizing on the AI trend to help it achieve sustained GAAP profitability.
Upwork Inc. and Fiverr International Ltd. are often compared as competitors in the freelance space, so we take a look at them to see which is the better stock now. Upwork's share price has performed better than Fiverr's, perhaps indicating it is a more promising investment. In a low interest rate environment, valuation is less important, but in a normalized interest rate environment, investors need to consider future cash flows and the price they are paying.
Upwork (UPWK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Upwork (UPWK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ACGL, UPWK, BUR, AREC and LEU have been added to the Zacks Rank #1 (Strong Buy) List on November 20, 2023.
SAN FRANCISCO, Nov. 14, 2023 (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 Chief Financial Officer Erica Gessert will participate in a fireside chat at the UBS Global Technology Conference at the Intercontinental Phoenician Hotel in Scottsdale, Arizona on Wednesday, November 29, 2023 at 12:35 p.m. PT/3:35 p.m. ET.
Work marketplace Upwork says it has made significant strides in its goal to establish itself as the go-to platform for “AI-empowered” independent professionals while improving its core product experiences and capabilities to streamline connections between professionals and clients. Speaking to analysts on the company's third-quarter earnings call on Tuesday (Nov.
Upwork CEO Hayden Brown joins 'The Exchange' to discuss the company's earnings results, how companies adopt AI technologies, and more.
Upwork Inc. (NASDAQ:UPWK ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants David Anhalt - Manager of IR Hayden Brown - President & CEO Erica Gessert - CFO Conference Call Participants Matt Farrell - Piper Sandler Jason Park - UBS Logan Reich - RBC Bernard McTernan - Needham and Company John Byun - Jefferies Rohit Kulkarni - ROTH Andrew Boone - JMP Securities Eric Sheridan - Goldman Sachs Maria Ripps - Canaccord Operator Good day, and thank you for standing by. Welcome to the Upwork Q3 2023 Earnings Conference Call.
While the top- and bottom-line numbers for Upwork (UPWK) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.