Upwork Stock Price, News & Analysis

Upwork (NASDAQ: UPWK) outlined a multi-year growth plan at its 2025 Investor Day, emphasizing an AI-native marketplace, SMB expansion, and a new enterprise subsidiary, Lifted. Management forecasted 2026 GSV growth of 4–6%, 2026 revenue growth of 6–8%, and an adjusted EBITDA margin of ~29% in 2026. For 2028 targets, Upwork expects GSV CAGR 7–9%, revenue CAGR 13–15%, and adjusted EBITDA ~20% CAGR. Key traction points include >$100M incremental 2025 GSV from AI/experience work and $300M annualized AI-category GSV growing >50% YoY in Q3 2025. Presentation materials and a recorded webcast are available on the company investor site.

Upwork (NASDAQ: UPWK) released initial findings from its Human+Agent Productivity Index (HAPI) on Nov. 13, 2025, measuring humans-in-the-loop (HITL) across >300 real client projects.

HAPI found that human and AI agent collaboration increased project completion rates by up to 70% versus agents alone, and noted the study focused on simple, well-defined jobs that represent less than 6% of Upwork's gross services volume (GSV). Upwork will present full HAPI results at a NeurIPS workshop and published methodology at its HAPI webpage.

Upwork (Nasdaq: UPWK) announced its first international operational hub in Lisbon, Portugal, planned in Alcântara and expected to be fully operational by Q4 2026. The company has already begun hiring to support product development and technical roles outside the U.S.

The move follows a record-breaking Q3 driven by AI product innovation: GSV from AI-related work grew 53% year-over-year. Upwork leadership said the Lisbon hub will advance AI infrastructure and scale the marketplace’s AI talent capabilities.

Upwork (Nasdaq: UPWK) released its October 2025 Monthly Hiring Report showing businesses are turning to independent talent ahead of the holidays. 78% of businesses plan to hire independent talent in the next three months and flexibility (25%) and speed to hire (23%) top reasons.

Key marketplace trends in October: customer service & tech support +30%, community management +29%, data mining & management +26%, AI & machine learning +15%, and game design & development +38%. The report also found 55% of businesses expect to hire data analysts or data scientists soon and top in-demand skills include AI proficiency (61%) and digital marketing (53%).

Upwork (NASDAQ: UPWK) reported Q3 2025 revenue of $201.7M (up 4% YoY) and GAAP net income of $29.3M with diluted EPS $0.21. Adjusted EBITDA hit a record $59.6M (up 38% YoY) and a record 30% adjusted EBITDA margin. GSV was $1.018B, up 1.9% YoY; active clients totaled 794,000. The company announced a new $100M share repurchase authorization, launched Lifted after acquiring Bubty and Ascen, and continues expanding its Uma AI features. Upwork raised full‑year 2025 guidance to $782M–$787M revenue and $222M–$225M adjusted EBITDA, and provided Q4 2025 guidance for revenue of $193M–$198M and adjusted EBITDA of $49M–$52M.

Upwork (Nasdaq: UPWK) released research showing SMBs accelerated growth in 2025 by adopting AI, flexible talent, and experimentation. The study surveyed ~500 SMB leaders and reports: 93% of SMBs using AI saw revenue increases, 41% exceeded 10% revenue growth, and job posts for AI expertise rose 44% on the Upwork Marketplace Jan–Jul 2025. Upwork also refreshed Business Plus to include Uma Recruiter, an always-on AI hiring agent that delivers top matches in under six hours, plus instant access to the top 1% of talent across 125+ categories and built-in performance tools.

Upwork (Nasdaq: UPWK) will report third quarter 2025 financial results on Monday, November 3, 2025 after market close.

The company will host a live Q&A conference call on November 3, 2025 at 2:00 p.m. PT / 5:00 p.m. ET, with a webcast available at investors.upwork.com. An audio replay will be available for one week and the webcast archive will be available on the investor site for approximately one year.

Upwork (NASDAQ:UPWK) has released its September 2025 Monthly Hiring Report, revealing significant trends in freelance hiring as businesses adapt to AI integration. The report shows rising demand for human-centric skills to combat AI "workslop" - subpar AI output that affects 40% of employees and requires an average of two hours to resolve each incident.

Key growth metrics include: Translation & localization up 29%, project management among SMBs surging 102%, and digital marketing increasing 9%. The report highlights that 58% of businesses will prioritize AI proficiency in freelance hiring over the next three months, while 39% cite lack of trust in AI accuracy as an implementation barrier.

The marketplace, which generates $1.5 trillion in annual freelance earnings, demonstrates that companies are focusing on human-AI collaboration rather than substitution, particularly in quality assurance, project management, and creative refinement roles.

Upwork (NASDAQ:UPWK), the world's human and AI-powered work marketplace, has announced it will host an Investor Day on November 18, 2025 in New York City. The event will begin at 9:00 a.m. ET and will feature presentations and Q&A sessions with key management team members, including President and CEO Hayden Brown and CFO Erica Gessert.

The presentations will be accessible both in-person (by invitation only) and through a live webcast on Upwork's Investor Relations website. A replay will be available after the event concludes.