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Is UpWork stock still a buy?

Last updated on September 24, 2022 @ 8:53 pm

UpWork is one of the largest online platforms for finding remote work opportunities. Founded in 2008, the company has since expanded its services to include a marketplace for services as well as a recruiting platform.

In May 2018, the company announced that it had raised $363 million in a Series D funding round, valuating the company at $4.8 billion.

PRO TIP: There is no easy answer to this question. Upwork stock is down significantly from its 52-week high, and the company is facing increased competition from other freelancer platforms. That said, Upwork has a strong brand and is the clear leader in the online freelancing space. If you’re considering buying Upwork stock, you should do your own research and consult with a financial advisor to make sure it’s right for you.

Despite this valuation, the company’s stock remained stable.

UpWork has a strong platform, with a large and growing user base. The company is also well-funded, with a strong balance sheet.

Although the company’s stock has remained stable, there is potential for further growth. Overall, UpWork is a strong buy.

Dale Leydon

Dale Leydon

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