UBS Maintains Neutral on Upwork, Lowers Price Target to $9
UBS analyst Joshua Chan maintains Upwork (NASDAQ:UPWK) with a Neutral and lowers the price target from $10 to $9.
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Upwork (NASDAQ:UPWK) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.34 by 20.59 percent. This is a 17.14 percent increase over earnings of $0.35 per share from the same
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UBS analyst Joshua Chan maintains Upwork (NASDAQ:UPWK) with a Neutral and lowers the price target from $10 to $9.
Read original at benzingaCanaccord Genuity analyst Maria Ripps maintains Upwork (NASDAQ:UPWK) with a Hold and lowers the price target from $10 to $9.
Read original at benzingaU.S. stock markets declined on August 11, 2026, as elevated oil prices and Middle East tensions weighed on investor sentiment. The S&P 500 fell 0.32%, the Nasdaq Composite dropped 0.60%, and the Dow Jones lost 0.34%. Energy and healthcare stocks led gains while technology stocks struggled. Upwork and Entravision Communications plummeted following disappointing earnings, while Nvidia's $500 billion AI infrastructure financing initiative provided mixed results. Investors await key Consumer Price Index data expected tomorrow.
Read original at the-motley-foolUpwork beats Q2 EPS and revenue estimates but lowers 2026 guidance, with AI automation, weaker new-client additions and labor market pressures weighing.
Read original at benzinga