Analyzing Upwork (UPWK) & Its Competitors

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Upwork (NASDAQ: UPWK) is one of 68 publicly-traded companies in the “Data processing & preparation” industry, but how does it compare to its competitors? We will compare Upwork to similar businesses based on the strength of its institutional ownership, valuation, profitability, earnings, analyst recommendations, dividends and risk.

Analyst Recommendations

This is a summary of current ratings and target prices for Upwork and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Upwork 0 2 3 0 2.60
Upwork Competitors 485 2012 2834 138 2.48

Upwork presently has a consensus target price of $22.20, suggesting a potential upside of 10.94%. As a group, “Data processing & preparation” companies have a potential upside of 5.79%. Given Upwork’s stronger consensus rating and higher probable upside, analysts plainly believe Upwork is more favorable than its competitors.

Earnings & Valuation

This table compares Upwork and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Upwork $253.35 million -$19.91 million -52.66
Upwork Competitors $1.29 billion $83.61 million -47.13

Upwork’s competitors have higher revenue and earnings than Upwork. Upwork is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

35.7% of Upwork shares are owned by institutional investors. Comparatively, 54.4% of shares of all “Data processing & preparation” companies are owned by institutional investors. 20.8% of shares of all “Data processing & preparation” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Upwork and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Upwork N/A N/A N/A
Upwork Competitors -40.27% -2,460.24% -10.26%

About Upwork

Upwork Inc. operates an online platform that connects businesses and freelancers. Its platform comprise freelancers in content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development categories. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in Mountain View, California.

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