Upwork (UPWK) Projected to Release Earnings on Monday

Upwork (NASDAQ:UPWK) is expected to announce its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $0.3139 per share and revenue of $180.22 million for the quarter. Upwork has set its FY 2026 guidance at 1.380-1.430 EPS and its Q3 2026 guidance at 0.310-0.330 EPS. Parties can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Monday, November 2, 2026 at 5:00 PM ET.

Upwork (NASDAQ:UPWK) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Upwork had a net margin of 12.94% and a return on equity of 16.70%. The firm had revenue of $191.66 million during the quarter. During the same period last year, the company posted $0.35 earnings per share. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis.

Upwork Trading Up 0.3%

Shares of NASDAQ UPWK opened at $9.15 on Friday. The stock has a fifty day moving average price of $8.64 and a 200 day moving average price of $10.71. Upwork has a 12-month low of $7.44 and a 12-month high of $22.84. The company has a market cap of $1.14 billion, a P/E ratio of 11.88 and a beta of 1.06.

Insider Buying and Selling at Upwork

In related news, CFO Erica Gessert sold 22,844 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $8.43, for a total value of $192,574.92. Following the transaction, the chief financial officer owned 364,789 shares in the company, valued at approximately $3,075,171.27. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Anthony Kappus sold 45,732 shares of the business’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $8.45, for a total value of $386,435.40. Following the completion of the transaction, the chief operating officer owned 76,342 shares in the company, valued at approximately $645,089.90. This trade represents a 37.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 178,868 shares of company stock valued at $1,509,462 in the last ninety days. Insiders own 4.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group decreased their target price on Upwork from $10.00 to $9.00 and set a “hold” rating for the company in a research report on Wednesday, August 12th. Needham & Company LLC reduced their price target on Upwork from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Royal Bank Of Canada decreased their price target on Upwork from $9.00 to $8.00 and set a “sector perform” rating for the company in a report on Tuesday, August 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Upwork in a research report on Tuesday. Finally, The Goldman Sachs Group set a $11.50 price objective on shares of Upwork in a research report on Tuesday, August 11th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Upwork presently has an average rating of “Hold” and an average target price of $13.05.

Upwork Company Profile

Upwork Inc operates a global work marketplace that connects businesses with independent professionals and agencies. Clients use the platform to find, evaluate, hire and manage talent for projects across areas such as software development, design, marketing, writing, consulting, customer support and administrative services.

The company provides tools for talent discovery, project collaboration, communications, time tracking, contract management and payments. Its offerings serve both individual clients and larger organizations, with features designed to support recurring engagements, contingent-work programs and enterprise talent management.

Upwork was formed in 2015 through the merger of Elance and oDesk, two online freelance-work platforms, and began trading publicly on the Nasdaq stock exchange in 2018.