The Latest Breaking News from Upwork

The gig economy has grown substantially, accounting for one third of the American workforce in 2021. And rising inflation is driving an increase in gig work participation. With the global gig economy expected to continue growing, Wall Street expects the stocks of gig economy companies DoorDash (DASH), Lyft (LYFT), Upwork…

If you’ve been to a grocery store recently, you know inflation is here. But it’s not just consumers struggling to cope with rising costs, so are companies that are trying not to price out customers. 

Upwork (NASDAQ:UPWK) has observed the following analyst ratings within the last quarter:

JMP Securities analyst Andrew Boone lowered the price target on Upwork Inc (NASDAQ:UPWK) to $48 from $55 and maintained an Outperform rating on the shares after its in-line Q4 earnings and below-consensus outlook. The analyst mentions that the company is making substantial investments in the business while delaying profitability, now estimating 2022 EBITDA to be…

Upwork (NASDAQ:UPWK) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Upwork reported in-line EPS of $-0.05 versus an estimate of $-0.05.