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Is UpWork stock a buy?

Last updated on September 24, 2022 @ 8:44 pm

UpWork, Inc. (NYSE:UPW) is a global online platform that connects workers with employers.

The company offers a suite of products and services that allow businesses to find, hire, and pay workers online.

PRO TIP: Upwork is a publicly traded company on the Nasdaq stock exchange under the ticker symbol UPWK. As of June 2019, the stock was trading at around $15 per share.

Investing in Upwork stock comes with risks, as the company is a relatively new and unproven business model. There is also significant competition from other companies in the same space, such as Fiverr and Freelancer.com.

Investors should carefully consider these risks before investing in Upwork stock.

UpWork has been growing rapidly, and the company is expected to generate revenue of $1.8 billion by 2021. The company has a strong track record of growth, and its stock has been performing well. As of March 31, 2019, the stock was trading at $38.

24 per share, and the company had a market capitalization of $5.3 billion. Therefore, UpWork stock is a buy.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.