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 founded in 2013 and is based in Mountain View, California.
UPWK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Upwork Inc. To summarize, we found that Upwork Inc ranked in the 65th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Upwork Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is -28.05 -- which is good for besting only 1.8% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
The business' balance sheet suggests that 2% of the company's capital is sourced from debt; this is greater than merely 7.38% of the free cash flow producing stocks we're observing.
Upwork Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as UPWK, try JBHT, BV, AAN, CBZ, and ULH.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Upwork (UPWK), the leading online talent solution, today announced a call for grant applications through The Upwork Foundation initiative, a program designed to create inclusive economic opportunities so people have better lives. Cash grants of $50,000 will be awarded to nonprofit organizations addressing systemic discrimination through the economic empowerment of marginalized populations around the world. This grant opportunity is centered around the 2020
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By Kurt WagnerFacebook Inc. unveiled a new group to pursue payments and commerce opportunities and put David Marcus, co-creator of its Libra cryptocurrency project, in charge of the initiative.Called F2 internally, short for Facebook Financial, the team will run all payments projects, including Facebook Pay, the company’s universal payments feature that it plans to build inside all of its apps.Marcus will continue running Novi, the division that is building a digital wallet to hold the Libra cryptocurrency. He will also be involved in WhatsApp’s payments efforts in countries like India and Brazil. Facebook has hired former Upwork Inc. Chief Executive Officer Stephane Kasriel to serve as a payments vice president under Marcus. Facebook shares slipped 1.5% to $264.26 on Monday, after hitt...