Online work marketplace Upwork (NASDAQ:UPWK) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 4.1% year on year to $201.7 million. Guidance for next quarter’s revenue was better than expected at $195.5 million at the midpoint, 1.7% above analysts’ estimates. Its non-GAAP profit of $0.36 per share was 25.9% above analysts’ consensus estimates.
As the regular session of the US market concludes on Monday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 9.3% in the afternoon session after investment bank UBS upgraded the stock to "Buy" from "Neutral," citing signs of a potential rebound in growth. The firm kept its price target at $21 but highlighted positive trends. The upgrade stemmed from improving web traffic and higher client spending on the freelancing platform. UBS noted these factors suggested Upwork could return to growth in its gross services volume—the total value of work done on its platform. This potential turnaround followed five consecutive quarters of declines in the key metric and was seen as a significant catalyst for the stock.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
A number of stocks fell in the afternoon session after President Trump threatened to impose "massive" new tariffs on Chinese imports, reigniting trade war fears.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how gig economy stocks fared in Q2, starting with Upwork (NASDAQ:UPWK).
A number of stocks fell in the afternoon session after investors took a breather following a record-setting rally, with concerns over the Federal Reserve's next move and a prolonged government shutdown weighing on sentiment.
In early October 2025, the United States financial markets demonstrated a striking resilience, with US stock futures continuing their upward climb and major indices reaching new all-time highs. This bullish sentiment emerged despite the backdrop of a looming government shutdown, which officially commenced on October 1st. Wall Street, it appears,
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
A number of stocks fell in the afternoon session after a steeper-than-anticipated drop in U.S. consumer confidence raised alarms about future consumer spending.
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 2.7% in the morning session after positive analyst commentary highlighted signs of a business turnaround.
