Professional
Added to YB: 2024-09-03
Pitch date: 2024-09-02
UPWK [bullish]
Upwork Inc.
+128.88%
current return
Author Info
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Company Info
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally.
Market Cap
$2.2B
Pitch Price
$9.59
Price Target
16.15 (-26%)
Dividend
N/A
EV/EBITDA
12.43
P/E
9.49
EV/Sales
2.41
Sector
Professional Services
Category
turnaround
(NAS:UPWK) Upwork: The Undervalued Giant in Freelancing
UPWK: Global freelance platform, 870k buyers, 74% US rev. 85% self-serve, 15% enterprise. AI fears overblown, skilled freelancers adapt. Competitive edge: scale, low fees. Risks: AI, competition, recession. 70% upside potential. GSV flat, but users +13%. 10-14% rev growth, expanding margins. $219M FCFF by 2028E.
Read full article (8 min)