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Is UpWork stock a buy right now?

Last updated on September 24, 2022 @ 9:37 pm

UpWork is a cloud-based platform that connects freelancers and businesses to find, connect, and work together. The company has a market cap of $2.

8 billion and is currently trading at $97.

The company has seen strong growth over the past few years, with revenues increasing from $210 million in 2016 to $2.8 billion in 2018.

PRO TIP: Upwork is a publicly traded company on the Nasdaq stock exchange under the symbol UPWK. As of March 2020, the stock is trading at around $6 per share.

While Upwork may be a publicly traded company, we would caution against buying stock in the company right now. The reason being that the company has been underperforming in recent years and its future prospects are uncertain. In addition, the stock is currently trading at a significant discount to its 52-week high of $13 per share.

The company has also seen positive earnings growth, with earnings rising from $48 million in 2016 to $695 million in 2018.

Based on these results, we believe that UpWork stock is a buy right now. The company has seen strong growth over the past few years and is expected to continue to do so in the future.

8 billion and is currently trading at $97, which indicates that there is a lot of demand for the company’s services. Finally, the company has seen positive earnings growth over the past few years, which indicates that it is financially stable.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.