BTIG Research Downgrades Upwork Inc (UPWK) to a Neutral from a Buy

Upwork Inc’s filing revealed that its Chief Accounting Officer Marie Olivier unloaded Company’s shares for reported $23405.0 on Aug 19 ’25. In the deal valued at $13.88 per share,1,686 shares were sold. As a result of this transaction, Marie Olivier now holds 748 shares worth roughly $11152.68.

Then, Gessert Erica sold 19,036 shares, generating $263,367 in total proceeds. Upon selling the shares at $13.84, the Chief Financial Officer now owns 209,202 shares.

Before that, Bottoms Dave sold 2,060 shares. Upwork Inc shares valued at $28,504 were divested by the GM, Marketplace at a price of $13.84 per share. As a result of the transaction, Bottoms Dave now holds 2,035 shares, worth roughly $30341.85.

BTIG Research downgraded its Upwork Inc [UPWK] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in mid March with a ‘”a Sector perform”‘ rating. BTIG Research revised its rating on May 02, 2024. It rated UPWK as “a Buy” which previously was an “a Neutral”.

Price Performance Review of UPWK

On Monday, Upwork Inc [NASDAQ:UPWK] saw its stock fall -0.07% to $14.91. Over the last five days, the stock has gained 6.58%. Upwork Inc shares have risen nearly 53.71% since the year began. Nevertheless, the stocks have fallen -8.81% over the past one year. While a 52-week high of $18.14 was reached on 02/19/25, a 52-week low of $8.90 was recorded on 04/07/25.

Levels Of Support And Resistance For UPWK Stock

The 24-hour chart illustrates a support level at 14.81, which if violated will result in even more drops to 14.71. On the upside, there is a resistance level at 15.04. A further resistance level may holdings at 15.16.

How much short interest is there in Upwork Inc?

A steep rise in short interest was recorded in Upwork Inc stocks on 2025-07-31, growing by 1.7 million shares to a total of 12.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 11.06 million shares. There was a rise of 13.3%, which implies that there is a positive sentiment for the stock.

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