UPWK
Time to buy UPWK?$8.83
+$0.24 (2.79%)
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Save your seatTrader's Perspective
UPWK ran from about $10.50 in early May to roughly $8.15 by mid-May after mixed Q1 numbers, a 24% workforce cut, and a string of analyst downgrades hit the post-earnings reaction.
The stock has the potential to go down if it loses the $8.15 area with conviction. That could open a retrace toward the $7.44 to $7.75 range, and more analyst cuts or weak Q2 results would likely accelerate the downside.
If UPWK holds the $8.15 to $8.50 area and buyers keep defending that post-earnings washout low, a bounce back toward $10.00 to $10.50 is on the table. Resistance near $9.25 is the first hurdle, and any follow-through from AI product traction or better-than-feared Q2 execution would help.
Analyst Ratings
Upwork Inc. Earnings
We don't currently have information about Upwork Inc.'s earnings.