Why UPWK rose 17.7% on Nov 2 2026: earnings beat
UPWK+17.7%on Mon Nov 2 2026
Upwork Inc. Common Stock was up 17.7% on the day at $10.77, ranked #9 on 0.5× its usual five-minute volume, when TapeRank recorded this unexplained move at 16:06 ET during after hours. TapeRank recorded 2 events for UPWK that day, between 16:06 and 16:09 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 16:06 ETUNEXPLAINED MOVE · AFTER-HOURS
$10.77 · ▲ 17.7% ON THE DAY · 0.5× 5M RVOL · RANK #9
STRETCHEDCONFIDENCE5/5Upwork is up 17.7% on the day and accelerated 7.81% in five minutes after reporting a Q3 adjusted EPS and revenue beat. The beat is a concrete catalyst, but the magnitude of the move is large relative to the modest earnings surprise.
WHYUp 17.7% on an adjusted EPS beat of $0.40 versus $0.32 and revenue of $185.6M versus $180.2M, with no larger disclosed catalyst, makes the move stretched.ANALYZED 16:06 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 16:06 ET
LAST10.77DAY▲ 17.7%5 MIN▲ 7.81%5M RVOL0.5×5M $VOL$162KFLOAT*124.9MRANK#9SESSIONAFTER-HOURSVWAP9.84HOD10.88LOD9.15OR HIGH9.45OR LOW9.27PREV CLOSE9.15PM HIGH9.34PM LOW9.15GAP▲ 1.86%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
- 16:09 ETMOVER · AFTER-HOURS
$11.00 · ▲ 20.2% ON THE DAY · 5.7× 5M RVOL · RANK #3
The same verdict as at 16:06 ET.
THE ROW AND SESSION LEVELS AT 16:09 ET
LAST11.00DAY▲ 20.2%5 MIN▲ 10.11%5M RVOL5.7×5M $VOL$610KFLOAT*124.9MRANK#3SESSIONAFTER-HOURSVWAP9.85HOD11.00LOD9.15OR HIGH9.45OR LOW9.27PREV CLOSE9.15PM HIGH9.34PM LOW9.15GAP▲ 1.86%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
THE SESSION
- 09:30 ETOpened at $9.32, +1.9% on the previous close of $9.15
- 09:30 ETRegular-session low, $9.27
- 12:19 ETRegular-session high, $10.12
- 15:59 ETLast trade of the regular session, $9.73, +6.4% on the previous close of $9.15
- Volume: 5.5M shares in regular hours, 42K before the open
Upwork opened at $9.32, dipped to $9.27, and then climbed to an intraday high of $10.12 by 12:19 ET before ending regular trading at $9.73, up 6.4% from the previous close. After the close, it accelerated to $10.77 at 16:06 ET and $11.00 at 16:09 ET; TapeRank tied the move to a Q3 adjusted EPS and revenue beat, with earnings of $0.40 versus $0.32 expected and sales of $185.6 million versus $180.2 million, while rating the magnitude stretched.
WRITTEN MON NOV 2 2026 20:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
Open the full list