Upwork Inc. logo

Upwork Inc.

UPWK
IndustrialsNASDAQUnited States
11.18USD-0.24 (-2.10%)

About Upwork

Upwork Inc. operates a global work marketplace that bridges businesses with a wide array of independent professionals and agencies. This platform offers businesses access to skilled talent across numerous categories, including but not limited to:

  • Sales and Marketing

  • Customer Service

  • Data Science and Analytics

  • Design and Creative

  • Web, Mobile, and Software Development

Upwork's marketplace streamlines several workflows for clients, facilitating talent sourcing, outreach, and contracting processes. It also provides functionalities that support remote engagements with talent, such as tools for communication and collaboration, a system for receiving invoices directly through the marketplace, and payment protection to ensure secure transactions.

The platform's service offerings include:

  • Upwork Basic: A fundamental access point to the platform's services.

  • Upwork Plus: Offers additional features and support over the Basic package.

  • Upwork Enterprise: A comprehensive solution for larger organizations with more complex needs.

  • Upwork Payroll: For managing and processing freelancer payments easily.

In addition, Upwork provides managed services and internet escrow agency services, enhancing the security and efficiency of transactions on the platform.

Originally known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. Established in 2013, Upwork Inc. is headquartered in San Francisco, California, serving as a key platform for facilitating freelance work and remote collaboration across various industries and skill sets.

Upwork's Business Strategy

Upwork’s business strategy is all about connecting businesses with freelancers and independent talent, making it easy for companies to find skilled professionals for projects while giving workers the freedom to build flexible careers. The company runs a global online marketplace that links clients with freelancers…

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Our Take on Upwork

Pros:

Large Freelancer & Client Network: Upwork is one of the world’s largest platforms connecting businesses with freelance talent across technology, marketing, design, customer service, and more, giving it a strong first-mover advantage.

Efficient Business Intermediary: Upwork effectively connects clients with matching freelancers, enhancing…

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Company Details

Exchange
NASDAQ
Country
United States
Sector
Industrials
Industry
Staffing & Employment Services
CEO
Hayden Brown
Employees
600
IPO Date
2018-10-03
ISIN
US91688F1049
Website
upwork.com

Key Metrics

Market Cap
1.46BUSD
P/E Ratio (TTM)
12.92
Net Profit Margin
14.65%
Debt / Asset Ratio
0.29
Dividend Yield (TTM)
0.00%
Volume
391,805
Avg Volume
3.97M
Shares Outstanding
130.66M
Free Float
93.30%
β Beta
1.02
52W Range
11.1 - 22.8

Fundamental Analysis

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Section Scores

Profitability
4.1/5Good
Liquidity
3.6/5Good
Leverage
4.0/5Good
Cash Flow
4.0/5Good
Valuation
4.0/5Good

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