Surging Earnings Estimates Signal Upside for Upwork (UPWK) Stock [Yahoo! Finance]
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: Yahoo! Finance
The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this online freelance marketplace operator, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Upwork, as there has been strong agreement among the cove
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UPWK
News
- Upwork (UPWK) Now Trades Above Golden Cross: Time to Buy? [Yahoo! Finance]Yahoo! Finance
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at Canaccord Genuity Group Inc. from $15.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at BTIG Research from $14.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at JMP Securities from $14.00 to $18.00. They now have a "market outperform" rating on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $21.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
UPWK
Earnings
- 11/6/24 - Beat
UPWK
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- UPWK's page on the SEC website