Upwork Reports First Quarter 2024 Financial Results

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Go back to Upwork Reports First Quarter 2024 Financial Results

BTIG Upgrades Upwork Inc. (UPWK) to Buy

May 2, 2024 5:30 AM EDT

BTIG analyst Marvin Fong upgraded Upwork Inc. (NASDAQ: UPWK) from Neutral to Buy with a price target of $16.00.

The analyst comments "We are upgrading shares of UPWK to Buy from Neutral after a very constructive 1Q24 report. While revenue and EBITDA beat expectations by a wide margin, we were most impressed by the growth in active clients. UPWK added 21K clients in the quarter, growing... More