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Upwork:Quarterly Results/2023 Q4: Difference between revisions
Upwork:Quarterly Results/2023 Q4 (view source)
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* 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>. | * 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>. | ||
=== | === Stabilising macro environment to aid freelance business === | ||
* 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> | * 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> | ||
* January 19, 2024: Goldman Sachs sees continued re-acceleration of Fiverr's revenue in 2024 as macro environment stabilizes<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>. | |||
== References == | == References == | ||