Upwork Inc.

Background

Company Name	Upwork Inc.
Stock Symbol	UPWK

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If you suffered a loss on your Upwork Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Additional Comments

Background

On May 7, 2026, Upwork released its first quarter 2026 financial results, revealing that gross service volume was approximately flat year-over-year and the number of active clients had declined. The Company also cut its full year revenue guidance and stated that “the pace of AI automation was faster than previously seen” and the “overall impact of AI is marginally a net headwind for Upwork today.”

On this news, Upwork’s stock price fell $1.79, or 16.9%, to close at $8.82 per share on May 8, 2026, thereby injuring investors.

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