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NASDAQ:UPWK 4 November 2025 - 11 February 2026

Upwork stock wobbles in premarket after 19% slide as Q1 outlook stuns traders

Upwork stock wobbles in premarket after 19% slide as Q1 outlook stuns traders

Upwork shares slipped 0.1% to $15.20 premarket Wednesday after plunging 19% the previous session on weak first-quarter guidance. The company forecast Q1 revenue of $192 million to $197 million, below analyst expectations, and warned of higher costs and pressure in categories hit by AI. RBC, Citizens, and UBS lowered price targets, citing execution risk and uncertainty around enterprise growth.
11 February 2026
Upwork stock sinks about 26% in premarket after soft outlook jars investors (UPWK)

Upwork stock sinks about 26% in premarket after soft outlook jars investors (UPWK)

Upwork shares fell about 26% in premarket trading Tuesday to $13.92 after forecasting first-quarter revenue and profit below Wall Street estimates. The company beat fourth-quarter expectations but warned of a softer start to 2026. Active clients dropped to 785,000 at year-end. Upwork cited spending on enterprise and marketing as reasons for lower margin guidance.
Upwork (UPWK) Stock Hits Fresh 52‑Week High: AI Partnerships, Index Inclusion and Q3 Earnings Rewire the 2026 Outlook

Upwork (UPWK) Stock Hits Fresh 52‑Week High: AI Partnerships, Index Inclusion and Q3 Earnings Rewire the 2026 Outlook

Upwork shares hit a new 52-week high of $21.39 on December 11, 2025, lifting its market cap to about $2.46 billion. The stock is up nearly 90% from its yearly low, driven by record Q3 results, new AI partnerships, and entry into the S&P SmallCap 600. Insider selling and high short interest remain. Upwork now posts positive GAAP earnings and a gross margin near 78%.
Upwork Stock Soars on AI-Fueled Earnings Beat – Key Facts & Expert Outlook

Upwork Stock Soars on AI-Fueled Earnings Beat – Key Facts & Expert Outlook

Upwork reported Q3 2025 revenue of $201.7 million, beating estimates, and raised its full-year outlook above consensus. Shares surged nearly 20% to around $17 after the results. Wall Street analysts boosted price targets, with Goldman Sachs setting a $25 target citing AI-driven growth. AI-related freelance work on the platform jumped 53% year-over-year.

Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
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