Are These 4 Internet Services Stocks Poised to Hit Q1 Earnings Targets? [Yahoo! Finance]
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: Yahoo! Finance
Solid adoption of Software-as-a-Service or SaaS-based services, especially among small and medium-sized businesses, is likely to have benefited the performance of the industry players during the first quarter of 2024. Moreover, the explosion of generative AI, along with the growing proliferation of Machine Learning, blockchain, Internet of Things and 5G technologies, are likely to have contributed well to the first quarter results of the Internet services companies. An uptick in demand for e-commerce services, owing to the convenience of online shopping that these services offer, may have been a plus for Internet services stocks. The increasing migration to cloud platforms and rising demand for cybersecurity applications are likely to have acted as tailwinds. Increasing demand for video streaming applications, social media platforms, online learning software, video-conferencing tools and telehealth solutions is expected to have benefited the Internet service providers during
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UPWK
News
- Upwork Inc. (NASDAQ: UPWK) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $19.00 price target on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.MarketBeat
- Upwork (UPWK) Just Reclaimed the 50-Day Moving Average [Yahoo! Finance]Yahoo! Finance
- Gen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork Research [Yahoo! Finance]Yahoo! Finance
- Gen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork ResearchGlobeNewswire
UPWK
Earnings
- 5/1/24 - Beat
UPWK
Sec Filings
- 5/20/24 - Form 4
- 5/20/24 - Form 144
- 5/20/24 - Form 144
- UPWK's page on the SEC website