Analysts Weigh In: Upwork’s Promising Growth with 27% Upside Potential

Upwork Inc. (NASDAQ: UPWK) is gaining attention as analysts project a strong upside for the stock. With a consensus price target of $18.83, representing a potential 27.92% increase from its current price of $14.72, experts remain optimistic about its growth trajectory. The high target of $24 by Goldman Sachs suggests a possible 63% surge, while the lowest estimate stands at $16.

Recent ratings from firms like Roth MKM, RBC Capital, and UBS reaffirm confidence in Upwork’s ability to outperform market expectations. Analysts highlight its robust earnings forecast for 2025 and strategic positioning in the gig economy space.

Despite bearish sentiment reflected in the Fear & Greed Index, Upwork’s consistent “Moderate Buy” and “Strong Buy” ratings signal long-term growth opportunities for investors.

Source: StockAnalysis, MarketBeat, Benzinga