6,294
edits
Upwork:Quarterly Results/2023 Q4: Difference between revisions
Upwork:Quarterly Results/2023 Q4 (view source)
Revision as of 10:03, 13 February 2024
, 13 February 2024→Analysts' Opinions
No edit summary |
|||
| Line 155: | Line 155: | ||
== Analysts' | == Analysts Opinions == | ||
=== Stock picking in 2024 will be driven by individual fundamentals === | |||
* January 19, 2024: Goldman Sachs sees stock picking being driven by “idiosyncratic fundamentals” in 2024 instead of the “bifurcation” seen in 2023 where mega-cap stocks outperformed other groups<ref>https://thefly.com/landingPageNews.php?id=3846884&headline=FVRR-Fiverr-just-upgraded-at-Goldman-Sachs-heres-why&utm_source=https://thefly.com/news.php%3fsymbol=FVRR&utm_medium=referral&utm_campaign=referral_traffic</ref>. | |||
=== Upwork's EBITDA margin is expected to grow as the macro environment improves and business confidence returns === | |||
* January 8, 2023: Jefferies analyst expects Upwork’s EBITDA margin to grow as the macro environment recovers and business confidence improves They view Upwork as a small-cap recovery play with acceleration. They added that renewed business momentum should expand Upwork's multiple above its historical average.<ref>https://thefly.com/landingPageNews.php?id=3846945&headline=UPWK-Upwork-price-target-raised-by--at-Goldman-Sachs-heres-why&utm_source=https://thefly.com/news.php%3fsymbol=UPWK&utm_medium=referral&utm_campaign=referral_traffic</ref> | |||
== References == | == References == | ||