Today: 9 June 2026
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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

  • China Plans $295 Billion AI Data Center Network Amid Global Tech Stocks Drop
    June 9, 2026, 2:46 PM EDT. China is reportedly planning to invest around $295 billion over five years to establish a nationwide data center network dedicated to AI, aiming to reduce reliance on US technology by prioritizing domestic suppliers like Huawei. The initiative involves state-owned telecoms managing the infrastructure and seeks to unify fragmented data centers into a national system by 2028. This comes as chip stocks and major tech shares plunged, dragging down the Nasdaq and S&P 500 indexes. China's AI sector now includes over 6,200 companies with a market worth $177 billion. The plan may be funded through sovereign debt and state-backed funds, highlighting Beijing's strategic commitment to AI infrastructure despite slower economic growth.

Latest articles

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

9 June 2026
Vanguard’s S&P 500 ETF (VOO) became the first ETF to surpass $1 trillion in assets, drawing renewed scrutiny to low fees, index concentration, and valuation risks as tech stocks slid and VOO fell about 1% Tuesday, highlighting investor debate over sticking with S&P 500 trackers or shifting to broader funds like VTI.
AI chip ETF bulls hit with more losses as leveraged funds slide

AI chip ETF bulls hit with more losses as leveraged funds slide

9 June 2026
SOXL plunged 15.4% as leveraged semiconductor funds led tech’s sharp selloff, testing the narrow AI trade behind this year’s market gains; major chip stocks like AMD and Broadcom also tumbled, with investors eyeing Wednesday’s CPI data and the upcoming SpaceX listing as key risks for further volatility.
Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

9 June 2026
Bitcoin slid to near $61,000, down 3%, as traders cut risk ahead of Wednesday’s U.S. inflation report, which is expected to show May CPI up 4.2% year-on-year—well above the Fed’s 2% target—keeping rate-hike risk in play and pressuring crypto and related stocks, with $5.8 billion in digital asset outflows reported in recent weeks.
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