Professional
Added to YB: 2024-09-03
Pitch date: 2024-09-02
UPWK [bullish]
Upwork Inc.
+38.89%
current return
Author Info
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Company Info
Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally.
Market Cap
$1.7B
Pitch Price
$9.59
Price Target
16.15 (+21%)
Dividend
N/A
EV/EBITDA
9.69
P/E
15.28
EV/Sales
1.73
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)