Upwork (UPWK) Projected to Post Quarterly Earnings on Monday

Upwork (NASDAQ:UPWK) is expected to be posting its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to post earnings of $0.3159 per share and revenue of $180.26 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. Investors may review the information on the company’s upcoming Q3 2026 earnings results 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 earnings results on Monday, August 10th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $191.66 million for the quarter. Upwork had a net margin of 12.94% and a return on equity of 16.70%. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 earnings per share.

Upwork Trading Up 0.3%

UPWK opened at $9.15 on Friday. The firm has a market cap of $1.14 billion, a P/E ratio of 11.88 and a beta of 1.06. Upwork has a 12 month low of $7.44 and a 12 month high of $22.84. The stock has a 50-day moving average of $8.64 and a 200 day moving average of $10.71.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Needham & Company LLC decreased their price objective on Upwork from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. The Goldman Sachs Group set a $11.50 price objective on Upwork in a research note on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Upwork in a report on Tuesday. Scotiabank cut their target price on Upwork from $10.00 to $8.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 11th. Finally, UBS Group cut their target price on Upwork from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, August 14th. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $13.05.

Insider Transactions at Upwork

In related news, COO Anthony Kappus sold 45,732 shares of Upwork stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $8.45, for a total transaction of $386,435.40. Following the completion of the transaction, the chief operating officer directly owned 76,342 shares of the company’s stock, valued at approximately $645,089.90. The trade was a 37.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Erica Gessert sold 9,336 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $8.45, for a total transaction of $78,889.20. Following the transaction, the chief financial officer owned 373,586 shares in the company, valued at $3,156,801.70. The trade was a 2.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 178,868 shares of company stock worth $1,509,462. 4.90% of the stock is currently owned by insiders.

About Upwork

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.