Upwork Inc. ($UPWK) Stock Forecast: Down 6.7% Today

What is Upwork Inc.?

Upwork (NASDAQ: UPWK) is a leading human and AI-powered work marketplace that announced its plan to open its first international operational hub in Lisbon, Portugal.

Why is Upwork Inc. going down?

UPWK stock is down 6.7% on Nov 12, 2025 21:00

• The expansion into Lisbon may indicate a move towards scaling AI innovation and growing the global technical team.
• Market reaction may have been influenced by concerns over potential costs and risks related to the new international office.
• Investors' caution about the short-term impact on Upwork's bottom line could be reflected in a bearish stock price trend.
• The market seems to be adopting a watchful stance to evaluate the effects of this strategic decision on Upwork's future growth and profitability.

UPWK Price Chart

UPWK Technical Analysis

UPWK News

Upwork Announces Forthcoming Lisbon Office to Scale AI Innovation and Expand Global Technical Team - Upwork ( NASDAQ:UPWK )

PALO ALTO, Calif., Nov. 12, 2025 ( GLOBE NEWSWIRE ) -- Upwork Inc. ( NASDAQ:UPWK ) , the world's human and AI-powered work marketplace, today announced its plan to open its first international operational hub in Lisbon, Portugal.

https://www.benzinga.com/pressreleases/25/11/g48796572/upwork-announces-forthcoming-lisbon-office-to-scale-ai-innovation-and-expand-global-technical-team

Upwork Announces Forthcoming Lisbon Office to Scale AI Innovation and Expand Global Technical Team

Upwork's first international office in Lisbon, Portugal expands global footprint for next chapter of growth ...

https://www.globenewswire.com/news-release/2025/11/12/3185974/0/en/Upwork-Announces-Forthcoming-Lisbon-Office-to-Scale-AI-Innovation-and-Expand-Global-Technical-Team.html

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Upwork Inc. Price History

08.04.2025 - UPWK Stock was up 5.1%

• Upwork's stock experienced a strong bullish movement today following the release of its Q1 earnings report and raised guidance for the full year.
• The company reported record-breaking quarterly results, beating earnings and revenue expectations by a significant margin.
• Improved client growth, profitability, and a positive outlook for future earnings contributed to the surge in Upwork's stock price.
• The market's positive reaction to Upwork's performance indicates investor confidence in the company's ability to capitalize on the growing demand for online freelancing services.

18.08.2025 - UPWK Stock was up 10.0%

• The announcement of hosting an Investor Day in November by Upwork signals confidence in the company's future prospects, attracting investor interest and boosting the stock price.
• Investor Days are typically used by companies to showcase their growth strategies, financial performance, and future outlook, which could have instilled optimism among investors regarding Upwork's potential.
• The market responded positively to the news, reflecting investor confidence in Upwork's business model and growth trajectory, leading to a strong bullish movement in the stock price today.

28.09.2025 - UPWK Stock was up 7.2%

• The bullish movement in UPWK's stock today could be attributed to the positive P/E ratio insights, indicating strong earnings potential and investor confidence.
• Despite a recent decrease in the stock price over the past month, the significant increase in the past year showcases long-term growth prospects, which might have attracted more investors.
• The spike in share price today could also be a result of market optimism towards the gig economy sector as businesses continue to rely on flexible remote work solutions provided by platforms like Upwork.

22.08.2025 - UPWK Stock was down 5.2%

• The recent increase in Upwork's stock price may be connected to the announcement of the upcoming Investor Day, creating enthusiasm among investors.
• Nonetheless, the decline in the stock today may suggest profit-taking from traders who previously held bullish views on the stock.
• The current trend in earnings estimate revisions not supporting further increases could also be a factor in the negative sentiment prevailing in the market.
• Investors may be exercising caution regarding the company's future performance, prompting the decline in stock price despite the positive Investor Day news.

13.02.2025 - UPWK Stock was down 5.3%

• The bearish movement in UPWK could be attributed to profit-taking by investors after a recent bullish run.
• The initiation of coverage on other companies by top Wall Street analysts may have diverted attention and investment away from UPWK, leading to a decline in its stock price.
• The overall market sentiment towards online freelancing platforms may have been impacted by macroeconomic factors or industry-specific news, contributing to the downward trend in UPWK's stock.

07.07.2025 - UPWK Stock was up 8.1%

• Upwork (UPWK) experienced a strong bullish movement today following its Q2 earnings.
• The company surpassed both earnings and revenue estimates, indicating strong financial performance and growth potential.
• Factors such as stable guidance, increased AI usage, and successful client acquisition efforts likely contributed to investor confidence in Upwork's future prospects.
• The positive market reaction suggests that Upwork is well-positioned to capitalize on the growing demand for online talent solutions and drive its stock price higher.

07.04.2025 - UPWK Stock was up 2.8%

• In Q1, Upwork outperformed market expectations, displaying robust client expansion and enhanced profitability.
• The company's decision to elevate its full-year profit outlook drove a substantial uptick in its stock value.
• The favorable earnings results and increased guidance boosted investor confidence in Upwork's future prospects, fueling the positive stock movement.
• Upwork's strong financial performance and optimistic yearly forecast propelled its stock to a significant upsurge, showcasing investor confidence in its growth trajectory.

04.10.2025 - UPWK Stock was up 5.0%

• Upwork's stock showed a significant uptrend today.
• The surge in Upwork's stock price is attributed to its remarkable third-quarter financial results, surpassing analyst expectations in revenue and earnings.
• Despite slight underperformance in Q3 earnings, investors seemed optimistic about Upwork's achievement of a record quarterly revenue of $201.7 million, signaling robust growth prospects.
• Upwork's positive market reception in contrast to the general downward trend in U.S. stock futures for the day suggests that strong company performance can influence individual stock movements.

17.08.2025 - UPWK Stock was up 6.1%

• UPWK's bullish movement could be attributed to the positive sentiment surrounding the gig economy and freelance work.
• The news about San Francisco probing Scale AI over labor practices may have indirectly benefited UPWK as it raises questions about worker rights in the tech industry, potentially driving more businesses and freelancers towards platforms like Upwork.
• The increased scrutiny on labor practices in the tech sector following the Meta Platforms deal with Scale AI might have highlighted Upwork's role in providing a more transparent and fair marketplace for freelancers, leading to increased investor confidence and driving the stock price up.

06.04.2025 - UPWK Stock was up 11.6%

• UPWK stock experienced a strong bullish movement today.
• The company reported better-than-expected Q1 earnings and revenues, surpassing analyst estimates by a significant margin.
• The raised FY25 EPS guidance also contributed to the positive investor sentiment.
• The impressive financial performance indicates strong growth potential and market confidence in Upwork's business model, driving the stock rally.

12.10.2025 - UPWK Stock was down 6.7%

• The expansion into Lisbon may indicate a move towards scaling AI innovation and growing the global technical team.
• Market reaction may have been influenced by concerns over potential costs and risks related to the new international office.
• Investors' caution about the short-term impact on Upwork's bottom line could be reflected in a bearish stock price trend.
• The market seems to be adopting a watchful stance to evaluate the effects of this strategic decision on Upwork's future growth and profitability.

04.10.2025 - UPWK Stock was up 6.2%

• Following the release of favorable third-quarter financial results and an optimistic forecast for the fourth quarter, Upwork's stock witnessed a significant uptick.
• Despite falling short of earnings expectations for Q3, the company demonstrated robust revenue expansion, which likely instilled confidence among investors.
• Upwork achieved a record-breaking quarterly revenue of $201.7 million, underscoring its sustained growth and prominent position in the freelance industry.
• The encouraging earnings update and bullish outlook have been key drivers behind the stock's recent rally, signaling strong performance and promising future prospects.