Upwork Inc is a leading online platform that connects freelancers with businesses seeking skilled professionals for various projects. It provides a marketplace where companies can post job opportunities and freelancers can showcase their expertise across numerous fields, including writing, design, programming, marketing, and more. The platform facilitates seamless collaboration, allowing clients to manage their projects, communicate with freelancers in real-time, and make payments securely. By bridging the gap between talent and opportunity, Upwork empowers individuals to work remotely while helping businesses access a diverse pool of skilled workers from around the world. Read More
Shares of online work marketplace Upwork (NASDAQ:UPWK)
fell 4.8% in the afternoon session after a report showed the U.S. labor market is cooling, with fewer jobs added in August than anticipated. The U.S. economy added a lower-than-expected 22,000 jobs, suggesting a potential slowdown in hiring. For a company like Upwork, which runs a marketplace connecting businesses with freelancers, a weaker labor market can be a significant headwind.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Inaugural monthly analysis of the freelance economy provides an early signal of U.S. labor market shifts, revealing how businesses are engaging flexible talent
The stocks featured in this article are seeing some big returns.
Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.
PALO ALTO, Calif., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s human and AI-powered work marketplace, today announced that CFO Erica Gessert will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco, CA on Thursday, September 11, 2025 at 10:50 a.m. PT/1:50 p.m. ET.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 3.4% in the afternoon session after the company announced the launch of Lifted, a new subsidiary targeting the enterprise workforce. The new wholly owned subsidiary, named Lifted, is designed to combine talent sourcing, contracting, and workforce management for all types of contingent, or temporary, work. This strategic launch represents a significant push into the enterprise staffing sector, a potentially lucrative market for the talent platform. The move builds on Upwork's recent acquisitions of Bubty, a freelance management system, and Ascen, an employer-of-record provider, signaling a clear strategy to offer more comprehensive workforce solutions to large businesses.
A number of stocks jumped in the afternoon session after markets continued to rally as the latest inflation data reinforced expectations for a Federal Reserve rate cut as soon as September. The latest Consumer Price Index (CPI) report for July showed inflation holding steady, reinforcing market expectations that the Federal Reserve could begin cutting interest rates as soon as September. Lower interest rates generally stimulate the economy by making borrowing cheaper for consumers and businesses. This can lead to increased consumer spending and e-commerce activity, which directly benefits online retail and marketplace companies. The positive economic outlook fueled a broad-based rally, pushing the S&P 500 and Nasdaq to new record highs and lifting most growth-oriented technology stocks.
Redfin veteran joins as company’s first COO, Andrew Rabinovich elevated to chief technology officer, and Jacob McQuown becomes chief legal officer, bolstering executive leadership team
Online work marketplace Upwork (NASDAQ:UPWK) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales were flat year on year at $194.9 million. Guidance for next quarter’s revenue was optimistic at $192.5 million at the midpoint, 2.7% above analysts’ estimates. Its non-GAAP profit of $0.35 per share was 27.1% above analysts’ consensus estimates.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Achieves record second quarter with revenue of $194.9 millionGenerates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA marginRaises FY2025 revenue and adjusted EBITDA guidanceAcquires Bubty and agrees to acquire Ascen to serve large clients with full range of contingent workforce and staffing solutions, positioning Upwork to capitalize on $650 billion Enterprise TAM opportunity(1)
Online work marketplace Upwork (NASDAQ:UPWK) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales were flat year on year at $194.9 million. Guidance for next quarter’s revenue was optimistic at $192.5 million at the midpoint, 2.7% above analysts’ estimates. Its non-GAAP profit of $0.35 per share was 27.1% above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
Achieves record second quarter with revenue of $194.9 millionGenerates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA marginRaises FY2025 revenue and adjusted EBITDA guidanceAcquires Bubty and agrees to acquire Ascen to serve large clients with full range of contingent workforce and staffing solutions, positioning Upwork to capitalize on $650 billion Enterprise TAM opportunity(1)
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
