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Upwork:Quarterly Results/2023 Q3: Difference between revisions
Upwork:Quarterly Results/2023 Q3 (view source)
Revision as of 17:16, 1 November 2023
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== Analysts Opinions == | == Analysts Opinions == | ||
==== Job Openings ==== | |||
* UBS initiated coverage of Upwork with a price of $13 and a neutral rating. The firm said that even though Upwork has a large total addressable market, '''its Volume continue to decline alongside declining job listings.''' However, the analyst added that '''the decline in job listings has started to moderate.''' UBS expectations of Upwork are in-line with the Street, which they say “seem reasonable given the uncertainty.” | |||
==== AI ==== | |||
* Roth MKM analysts believe '''AI could be a "significant tailwind"''' to gig sector platforms. 13% of business owners told them that they already hire freelancers for AI services, and 48% said they will highly likely hire freelancers for such services<ref>https://in.investing.com/news/fiverr-international-lifted-at-roth-mkm-on-positive-survey-results-potential-ai-tailwind-432SI-3834234</ref>. | |||
== Competitor earnings expectations and results == | == Competitor earnings expectations and results == | ||