Is Upwork undervalued or overvalued?

As of 2025-03-24, the Intrinsic Value of Upwork Inc (UPWK) is 17.72 USD. This Upwork valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 13.57 USD, the upside of Upwork Inc is 30.60%. This means that Upwork is undervalued by 30.60%.

The range of the Intrinsic Value is 12.04 - 34.28 USD

	Range	Selected	Upside
a
DCF (Growth 5y)	12.04 - 34.28	17.72	30.6%
DCF (Growth 10y)	16.52 - 44.76	23.78	75.2%
DCF (EBITDA 5y)	12.16 - 15.29	14.27	5.2%
DCF (EBITDA 10y)	15.88 - 21.00	18.90	39.3%
Fair Value	39.79 - 39.79	39.79	193.20%
P/E	20.33 - 56.05	36.70	170.4%
EV/EBITDA	6.68 - 9.93	7.85	-42.1%
EPV	(1.46) - (1.79)	(1.63)	-112.0%
DDM - Stable	14.79 - 49.52	32.16	137.0%
DDM - Multi	11.77 - 31.38	17.21	26.8%