Cracking The Code: Understanding Analyst Reviews For Upwork
Portfolio Pulse from Benzinga Insights
Over the last three months, analysts have provided mixed reviews for Upwork (NASDAQ:UPWK), with ratings ranging from bullish to bearish. The average 12-month price target has decreased by 16.88% to $16.0. Analysts from Piper Sandler and UBS have lowered their price targets, while Roth MKM and Needham have maintained their ratings. Upwork has shown strong financial performance with a revenue growth rate of 18.7%, a net margin of 9.66%, and a return on equity of 5.05%. However, its debt-to-equity ratio of 1.05 indicates substantial debt.

August 08, 2024 | 12:00 pm
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Analysts have mixed reviews for Upwork, with a decrease in the average 12-month price target by 16.88% to $16.0. Piper Sandler and UBS have lowered their price targets, while Roth MKM and Needham have maintained their ratings. Upwork has shown strong financial performance but carries substantial debt.
The mixed analyst reviews and the significant drop in the average price target suggest a neutral short-term impact on Upwork's stock price. While the company has strong financial metrics, the high debt level is a concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100