Upwork Outlines Multi-Year Growth Targets at Investor Day; Shares Rise

MT Newswires Live11-19

Upwork (UPWK) outlined its long-term growth outlook at its 2025 Investor Day on Tuesday, projecting continued growth in gross services volume and sustained double-digit increases in revenue and adjusted earnings before interest, taxes, depreciation, and amortization through 2028.

For 2026, the company is projecting between 4% and 6% growth in GSV, a 6%-8% increase in revenue, and an adjusted EBITDA margin of about 29%.

Looking beyond 2026, Upwork said it is targeting compound annual GSV growth between 7% and 9%, revenue CAGR of 13%-15%, and roughly 20% CAGR in adjusted EBITDA through 2028.

Shares of Upwork were up more than 7% in recent trading.

Price: 17.40, Change: +1.21, Percent Change: +7.44

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