Citi analyst Ronald Josey maintained a Hold rating on Upwork with a $16.00 price target. The company's shares closed at $13.17. TipRanks rates Josey as a top 100 analyst with a 26.1% average return and 61.78% success rate. The analyst consensus on Upwork is Moderate Buy with a $17.61 average price target, a 33.71% upside from current levels.
Upwork Inc. (UPWK), a leading freelance marketplace platform, has seen its stock price target maintained by Citi analyst Ronald Josey, who kept the rating at Hold with a price target of $16.00. The current share price is $13.17, indicating a potential upside of 21.49% from the analyst's target. Josey, a top 100 analyst according to TipRanks, has a 26.1% average return and a 61.78% success rate.
The overall analyst consensus on Upwork is Moderate Buy, with an average price target of $17.61. This consensus represents a 33.71% upside from the current trading price. The range of price targets from various analysts includes a high of $20.00 and a low of $15.00, providing investors with a broad range of potential outcomes.
Upwork's recent earnings reports have shown strong performance, with the company exceeding expectations in the second quarter of 2025. The company's focus on AI-driven demand and strategic platform advancements has driven this performance. Analysts have highlighted the potential for significant growth in AI-related projects and enterprise capabilities, which are expected to continue to boost revenue and earnings.
Despite the positive outlook, some analysts have noted potential risks, including macroeconomic uncertainties and technical indicators suggesting a bearish trend. However, the undervalued valuation of Upwork's stock makes it an attractive entry point for investors.
References:
1. [Investing.com - Goldman Sachs lowers Upwork stock price target to $24](https://www.investing.com/news/analyst-ratings/goldman-sachs-lowers-upwork-stock-price-target-to-24-maintains-buy-rating-93CH-4182165)
2. [GuruFocus - Upwork Inc. boosts 2025 guidance on AI momentum and acquisitions](https://www.gurufocus.com/news/3042686/upwork-upwk-boosts-2025-guidance-on-ai-momentum-and-acquisitions?mobile=true)
3. [TipRanks - Upwork (UPWK) Stock Forecast](https://www.tipranks.com/stocks/upwk/forecast)
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