Upwork Inc. will announce Q3 2026 financial results on November 2, followed by a conference call for discussion.
Quiver AI Summary
Upwork Inc. has announced that it will report its third quarter financial results for 2026 on November 2, 2026, after the market closes. Following the announcement, the company will hold a Q&A conference call at 2:00 p.m. Pacific Time, which will also be available via a live webcast on its Investor Relations website. An audio replay of the call will be accessible for a week after the event. Upwork connects businesses with AI-enabled talent across various work types, including freelance and agency services, with a strong focus on facilitating access to skilled professionals in multiple fields. Since its inception, the company has processed over $30 billion in transactions, aiming to create opportunities in the evolving work landscape.
Potential Positives
- Upwork is scheduled to report its financial results for Q3 2026, demonstrating transparency and engagement with investors.
- The ability to host a Q&A conference call suggests Upwork's commitment to open communication with stakeholders, enhancing investor relations.
- Upwork's extensive portfolio and access to a diverse talent pool across 10,000 skills highlight its positioning as a leader in the future of work, particularly in the AI and freelance sectors.
- The company has facilitated over $30 billion in total transactions, showcasing its substantial operational scale and market impact.
Potential Negatives
- Timing of the financial results announcement could indicate potential financial issues, as the company may be preparing to address significant concerns that investors need to be aware of in advance.
- Announcement does not include any forward-looking guidance, which may raise concerns among investors about future performance and growth prospects.
- The heavy emphasis on AI capabilities could suggest that the company is attempting to pivot or rebrand amidst competitive pressures in the industry, indicating potential instability in its core offerings.
FAQ
When will Upwork report its third-quarter financial results?
Upwork will report its third-quarter financial results on November 2, 2026, after market close.
What time is the Upwork Q&A conference call?
The Q&A conference call will occur at 2:00 p.m. Pacific Time on November 2, 2026.
How can I access the Upwork conference call?
A live webcast of the conference call will be available on the Upwork Investor Relations website.
Will there be a replay of the conference call?
Yes, an audio replay will be available for one week after the call on the Upwork Investor Relations website.
What services does Upwork provide?
Upwork connects businesses with global talent across freelance, agency, fractional, and payrolled work types.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UPWK Insider Trading Activity
$UPWK insiders have traded $UPWK stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $UPWK stock by insiders over the last 6 months:
- HAYDEN BROWN (President & CEO) has made 0 purchases and 6 sales selling 193,148 shares for an estimated $1,634,174.
- ERICA GESSERT (Chief Financial Officer) has made 0 purchases and 4 sales selling 63,511 shares for an estimated $538,105.
- ANTHONY RAY KAPPUS (GM & Chief Operating Officer) has made 0 purchases and 4 sales selling 50,159 shares for an estimated $424,576.
- SABRINA MEKHALFA (Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,575 shares for an estimated $21,378.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$UPWK Revenue
$UPWK had revenues of $191.7M in Q2 2026. This is a decrease of -1.68% from the same period in the prior year.
You can track UPWK financials on Quiver Quantitative's UPWK stock page.
You can access data on UPWK stock through the Quiver Quantitative API.
$UPWK Hedge Fund Activity
We have seen 168 institutional investors add shares of $UPWK stock to their portfolio, and 127 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 17,196,610 shares (-98.6%) from their portfolio in Q2 2026, for an estimated $143,763,659
- BOSTON PARTNERS removed 2,925,054 shares (-92.7%) from their portfolio in Q2 2026, for an estimated $24,453,451
- FMR LLC removed 2,382,836 shares (-77.6%) from their portfolio in Q2 2026, for an estimated $19,920,508
- GOLDMAN SACHS GROUP INC added 1,719,424 shares (+67.4%) to their portfolio in Q2 2026, for an estimated $14,374,384
- PORTOLAN CAPITAL MANAGEMENT, LLC removed 1,570,560 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $13,129,881
- DEUTSCHE BANK AG\ removed 1,550,303 shares (-91.6%) from their portfolio in Q2 2026, for an estimated $12,960,533
- RICE HALL JAMES & ASSOCIATES, LLC added 1,468,638 shares (+112.3%) to their portfolio in Q2 2026, for an estimated $12,277,813
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$UPWK Analyst Ratings
Wall Street analysts have issued reports on $UPWK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/08/2026
To track analyst ratings and price targets for $UPWK, check out Quiver Quantitative's $UPWK forecast page.
$UPWK Price Targets
Multiple analysts have issued price targets for $UPWK recently. We have seen 6 analysts offer price targets for $UPWK in the last 6 months, with a median target of $10.0.
Here are some recent targets:
- Ronald Josey from Citigroup set a target price of $10.0 on 05/21/2026
- Brad Erickson from RBC Capital set a target price of $9.0 on 05/11/2026
- Bernie McTernan from Needham set a target price of $15.0 on 05/08/2026
- Joshua Chan from UBS set a target price of $10.0 on 05/08/2026
- Maria Ripps from Canaccord Genuity set a target price of $10.0 on 05/08/2026
- Nat Schindler from Scotiabank set a target price of $10.0 on 05/08/2026
Full Release
PALO ALTO, Calif., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s human and AI-powered work marketplace, today announced that it will report its financial results for the third quarter of 2026 on Monday, November 2, 2026 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
A live webcast of the call will be available on the Upwork Investor Relations website at investors.upwork.com .
An audio replay of the conference call will be available for one week following the call and will be archived via webcast on the Upwork Investor Relations website at investors.upwork.com for approximately one year.
About Upwork
Upwork Inc.’s (Nasdaq: UPWK) family of companies connects businesses with global, AI-enabled talent across every contingent work type including freelance, agency, fractional, and payrolled. This portfolio includes the Upwork Marketplace, which connects businesses with on-demand access to highly skilled talent across the globe, and Lifted, which provides a purpose-built solution for enterprise organizations to source, contract, manage, and pay talent across the full spectrum of contingent work. From Fortune 100 enterprises to entrepreneurs, businesses rely on Upwork Inc. to find and hire expert talent, leverage AI-powered work solutions, and drive business transformation. With access to professionals spanning more than 10,000 skills across AI & machine learning, software development, sales & marketing, customer support, finance & accounting, and more, the Upwork family of companies enables businesses of all sizes to scale, innovate, and transform their workforces for the age of AI and beyond.
Since its founding, Upwork Inc. has facilitated more than $30 billion in total transactions and services as it fulfills its purpose to create opportunity in every era of work. Learn more about the Upwork Marketplace at upwork.com and follow on LinkedIn , Facebook , Instagram , TikTok , and X ; and learn more about Lifted at go-lifted.com and follow on LinkedIn .
Investor Relations Contact:
[email protected]
Media Contact:
Janine Kamwene
Vice President of Communications
[email protected]
