Here's Pernas Research's Investment Thesis for Upwork (UPWK) [Yahoo! Finance]
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: Yahoo! Finance
A copy of the letter can be downloaded here . The portfolio returned 18.3% in the quarter compared to a 5.9% return for the S&P 500 Index and a 9.2% return for the Russell 2000 Index. During the quarter, inflation fell, the Fed dropped rates by 50 basis points, high-yield spreads tightened, and some of the portfolio's smaller-cap stocks rose. In addition, please check the fund's top five holdings to know its best picks in 2024. Pernas Research highlighted stocks like Upwork Inc. (NASDAQ: UPWK ), in the third quarter 2024 investor letter. Upwork Inc. (NASDAQ:UPWK) is an online marketplace that enables businesses to connect with various independent professionals and agencies. The one-month return of Upwork Inc. (NASDAQ:UPWK) was 13.63%, and its shares gained 16.42% of their value over the last 52 weeks. On October 22, 2024, Upwork Inc. (NASDAQ:UPWK) stock closed at $10.05 per share with a market capitalization of $1.327 billion. Pernas Research stated the following regarding Upwork
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UPWK
News
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at UBS Group AG from $17.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at Citigroup Inc. from $11.00 to $19.00. They now have a "neutral" rating on the stock.MarketBeat
- Upwork Inc.'s (NASDAQ:UPWK) large institutional owners must be happy as stock continues to impress, up 13% over the past week [Yahoo! Finance]Yahoo! Finance
- Upwork to Present at UBS Global Technology and AI ConferenceGlobeNewswire
- Surging Earnings Estimates Signal Upside for Upwork (UPWK) Stock [Yahoo! Finance]Yahoo! Finance
UPWK
Earnings
- 11/6/24 - Beat
UPWK
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- UPWK's page on the SEC website