Upwork Inc. Common Stock
UPWKUpwork Inc. (UPWK) is a platform that connects businesses with freelancers and independent professionals across various fields such as writing, design, programming, and marketing. Founded in 2015 through the merger of Elance and oDesk, it has become a leading marketplace for remote work, enabling companies to find and collaborate with freelancers globally.
Company News
Zoom launched the Solopreneur 50 List (ZSP50), a recognition and grant program honoring 50 solo business leaders across the U.S. who leverage AI to scale their ventures. Nominations are open until February 13, 2026. The initiative highlights that 82% of U.S. small businesses operate without employees, with 64% of solopreneurs stating they couldn'...
Upwork is experiencing a resurgence in 2025, driven by revenue growth, successful AI integration, and technical market trends, despite potential challenges from shrinking gig volumes and broader labor market weaknesses.
Fiverr's stock is underperforming in 2025 due to investor concerns about artificial intelligence's potential impact on its gig economy platform, which focuses on a narrow customer segment.
Upwork held its 2025 Investor Day, presenting a long-term growth strategy focused on AI-powered workflows. The company expects 4-6% GSV growth in 2026 and introduced new 2028 financial targets with 13-15% revenue CAGR.
Upwork's October hiring report reveals a 30% increase in customer-facing skills hiring, with 78% of businesses planning to hire independent talent. The report highlights growing demand for AI-enabled skills, flexible workforce solutions, and strategic creative talent.
