Why Upwork Inc.’s (UPWK) Stock Is Up 6.10%

By Cynthia McLaughlin
August 02, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Upwork Inc. before investing.

In this article, we go over a few key elements for understanding Upwork Inc.’s stock price such as:

  • Upwork Inc.’s current stock price and volume
  • Why Upwork Inc.’s stock price changed recently
  • Upgrades and downgrades for UPWK from analysts
  • UPWK’s stock price momentum as measured by its relative strength

About Upwork Inc. (UPWK)

Before we jump into Upwork Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.

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Upwork Inc.’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Upwork Inc.’s stock price was $9.160.

Upwork Inc. is down 0.97% from its previous closing price of $9.250.

During the last market session, Upwork Inc.’s stock traded between $8.840 and $9.270. Currently, there are approximately 128.12 million shares outstanding for Upwork Inc..

Upwork Inc.’s price-earnings (P/E) ratio is currently at 11.4, which is low compared to the Professional Services industry median of 22.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Upwork Inc. Stock Price History

Upwork Inc.’s (UPWK) price is currently up 9.57% so far this month.

During the month of July, Upwork Inc.’s stock price has reached a high of $9.840 and a low of $8.350.

Over the last year, Upwork Inc. has hit prices as high as $22.840 and as low as $7.440. Year to date, Upwork Inc.’s stock is down 53.78%.

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What Caused Upwork Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there was 1 analyst who downgraded Upwork Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Upwork Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Upwork Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Upwork Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Upwork Inc. (UPWK) by visiting AAII Stock Evaluator.

Relative Price Strength of Upwork Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Upwork Inc. has a weighted four-quarter relative price strength of -6.71%, which translates to a Momentum Score of 31 and is considered to be Weak.

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Upwork Inc. Stock Price: Bottom Line

As of July 31, 2026, Upwork Inc.’s stock price is $9.160, which is down 0.97% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Upwork Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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