poisar

Stocks · News reference

Upwork Cuts Profit Forecast, Warns of Near-Term AI Headwinds

Lekha Gupta

Upwork beats Q2 EPS and revenue estimates but lowers 2026 guidance, with AI automation, weaker new-client additions and labor market pressures weighing.

More stocks newsConnected markets

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

UPWK
Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Glancy Prongay Wolke & Rotter Llp

    Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

    Upwork Inc. faces a securities fraud investigation following disappointing Q1 2026 results that revealed flat gross service volume, declining active clients, and reduced full-year revenue guidance. The company cited faster-than-expected AI automation as a net headwind. The stock fell 16.9% to $8.82 per share on May 8, 2026, prompting a class action lawsuit on behalf of affected shareholders.

    UPWK