Upwork Inc is a leading online platform that connects freelancers with businesses seeking skilled professionals for various projects. It provides a marketplace where companies can post job opportunities and freelancers can showcase their expertise across numerous fields, including writing, design, programming, marketing, and more. The platform facilitates seamless collaboration, allowing clients to manage their projects, communicate with freelancers in real-time, and make payments securely. By bridging the gap between talent and opportunity, Upwork empowers individuals to work remotely while helping businesses access a diverse pool of skilled workers from around the world. Read More
A number of stocks fell in the afternoon session after markets faded the Nvidia rally in the morning session, as investors remained uncertain about future rate cuts.
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 7.1% in the afternoon session after the company outlined an optimistic long-term growth strategy at its Investor Day, a view supported by positive analyst commentary.
PALO ALTO, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s human and AI-powered work marketplace, today announced that CFO Erica Gessert will participate in a fireside chat at the UBS Global Technology and AI Conference in Scottsdale, Ariz. on Wednesday, December 3, 2025 at 1:55 p.m. PT/4:55 p.m. ET.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Upwork has been treading water for the past six months, recording a small return of 4.5% while holding steady at $17.29. The stock also fell short of the S&P 500’s 11.9% gain during that period.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gig economy industry, including Uber (NYSE:UBER) and its peers.
Consumer internet businesses are redefining how people engage with the world by giving them instant connectivity and convenience. This influence cuts both ways though because they have high exposure to the ups and downs of consumer spending,
and uncertainty surrounding this factor has capped the industry’s returns -
over the past six months, its 9.4% gain has lagged the S&P 500 by 7 percentage points.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how gig economy stocks fared in Q3, starting with Fiverr (NYSE:FVRR).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at gig economy stocks, starting with Angi (NASDAQ:ANGI).
Upwork’s third quarter results were met with a significant positive market reaction, reflecting management’s success in reigniting growth after several challenging quarters. Leadership credited new AI-powered platform features and increased adoption of Upwork Business Plus by small and midsize businesses as key contributors. CEO Hayden Brown described the period as a turning point, noting that “the payoffs of our strategy are now visible.” The company also saw strong traction from AI-related projects and a return to growth in gross services volume, which had previously been pressured by macroeconomic headwinds.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gig economy industry, including DoorDash (NASDAQ:DASH) and its peers.
Upwork Inc (NASDAQ:UPWK) shares are soaring Tuesday after the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above analyst estimates.
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 8.4% in the morning session after it continued to climb as the company posted strong third-quarter results that beat Wall Street expectations and raised its full-year profit guidance. The online work marketplace reported revenue of $201.7 million and adjusted earnings of $0.36 per share, surpassing analyst estimates on both fronts. The company's profitability was a key highlight, with its adjusted EBITDA margin expanding by 7.3 percentage points year over year. The strong performance came despite a 7.1% decrease in Gross Services Volume, suggesting Upwork successfully increased its monetization from existing customers. Looking ahead, management raised its full-year guidance for adjusted earnings per share by 17.2% at the midpoint. Overall, the significant beats on key metrics and the optimistic outlook for future profitability fueled investor confidence.
Online work marketplace Upwork (NASDAQ:UPWK) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 4.1% year on year to $201.7 million. Guidance for next quarter’s revenue was better than expected at $195.5 million at the midpoint, 1.7% above analysts’ estimates. Its non-GAAP profit of $0.36 per share was 25.9% above analysts’ consensus estimates.
