Etsy, Upwork, Wayfair, and Remitly Stocks Trade Up, What You Need To Know

Check out the companies making headlines yesterday:

Nubank : Digital banking platform Nubank rose by 4.9% on Monday as it hit an all-time high amid positive analyst commentary and strong investor confidence. See our full article here.

Comfort Systems : HVAC and electrical contractor Comfort Systems rose by 3% on Monday after investor confidence grew as the company capitalized on the AI boom and increasing demand from data centers, supported by strong recent financial performance. See our full article here.

Upwork : Online work marketplace Upwork rose by 3.2% on Monday after Jefferies named the company one of its preferred small-cap stocks. See our full article here.

Teledyne : Digital imaging and instrumentation provider Teledyne rose by 2.2% on Monday after its subsidiary, Teledyne FLIR OEM, announced the launch of Tura, a new thermal camera designed for advanced driver-assistance systems (ADAS) and autonomous vehicles (AVs). See our full article here.

Is now the time to buy Teledyne? Access our full analysis report here.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at LendingTree and its peers.

Financial technology companies benefit from the increasing consumer demand for digital payments, banking, and finance. Tailwinds fueling this trend include e-commerce along with improvements in blockchain infrastructure and AI-driven credit underwriting, which make access to money faster and cheaper. Despite regulatory scrutiny and resistance from traditional financial institutions, fintechs are poised for long-term growth as they disrupt legacy systems by expanding financial services to underserved population segments.

The 4 financial technology stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 5.7% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 16.8% since the latest earnings results.

Best Q3: LendingTree

Using the same comparison model that revolutionized travel booking, LendingTree operates an online platform that connects consumers with financial service providers across mortgages, personal loans, credit cards, insurance, and other financial products.

LendingTree reported revenues of $307.8 million, up 18% year on year. This print exceeded analysts’ expectations by 11%. Overall, it was an exceptional quarter for the company with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ revenue estimates.

"We are incredibly saddened by the sudden passing of our founder, Chairman and CEO Doug Lebda. Doug was a visionary entrepreneur who created the financial services comparison shopping industry nearly 30 years ago when he founded LendingTree," said Scott Peyree, CEO.

LendingTree pulled off the biggest analyst estimates beat and highest full-year guidance raise, but had the slowest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 10% since reporting and currently trades at $54.38.

Coinbase

Widely regarded as the face of crypto, Coinbase is a blockchain infrastructure company updating the financial system with its trading, staking, stablecoin, and other payment solutions.

Coinbase reported revenues of $1.87 billion, up 55.1% year on year, outperforming analysts’ expectations by 4.5%. The business had a very strong quarter with a solid beat of analysts’ EBITDA and revenue estimates.

Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 22.2% since reporting. It currently trades at $255.30.

Weakest Q3: Remitly

With Amazon founder Jeff Bezos as an early investor, Remitly is an online platform that enables consumers to safely and quickly send money globally.

Remitly reported revenues of $419.5 million, up 24.7% year on year, exceeding analysts’ expectations by 1.4%. Still, it was a mixed quarter as it posted revenue guidance for next quarter slightly missing analysts’ expectations.

Remitly delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. The company reported 8.86 million active customers, up 21.1% year on year. As expected, the stock is down 21.3% since the results and currently trades at $13.22.

Read our full analysis of Remitly’s results here.

Robinhood

With a mission to democratize finance, Robinhood is an online consumer finance platform known for its commission-free stock and crypto trading.

Robinhood reported revenues of $1.27 billion, up 100% year on year. This result topped analysts’ expectations by 6%. Zooming out, it was a satisfactory quarter as it also recorded a solid beat of analysts’ revenue estimates but number of funded customers in line with analysts’ estimates.

Robinhood achieved the fastest revenue growth among its peers. The company reported 26.8 million users, up 10.3% year on year. The stock is down 13.8% since reporting and currently trades at $123.11.

Read our full, actionable report on Robinhood here, it’s free for active Edge members.

What Happened?

Shares of online work marketplace Upwork jumped 3.2% in the morning session after Jefferies named the company one of its preferred small-cap stocks. 

The investment firm released a research note that outlined its top stock picks across different company sizes. In the small-cap category, Upwork was included on the list of preferred stocks. The report also highlighted choices in other segments, such as Microsoft and Meta for mega-caps, and Oracle among large-caps. The positive mention from the financial services company appeared to boost investor sentiment regarding the freelance platform's outlook.

After the initial pop the shares cooled down to $20.59, up 3.8% from previous close.

What Is The Market Telling Us

Upwork’s shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 25 days ago when the stock gained 4.5% on the news that Canaccord Genuity raised its price target on the stock to $24. 

This action followed Upwork's Investor Day, where the company announced ambitious growth targets. The positive outlook from the company, followed by the analyst's price target increase, appeared to boost investor confidence in the freelance and remote work platform. The stock's upward move also pushed it to a new 52-week high, reflecting the growing interest in the company's position within the modern workforce.

Upwork is up 3.8% since the beginning of the year, and at $20.59 per share, it is trading close to its 52-week high of $21.95 from December 2025. Investors who bought $1,000 worth of Upwork’s shares 5 years ago would now be looking at an investment worth $594.23.

What Happened?

Shares of online work marketplace Upwork jumped 4.5% in the morning session after Canaccord Genuity raised its price target on the stock to $24. This action followed Upwork's Investor Day, where the company announced ambitious growth targets. The positive outlook from the company, followed by the analyst's price target increase, appeared to boost investor confidence in the freelance and remote work platform. The stock's upward move also pushed it to a new 52-week high, reflecting the growing interest in the company's position within the modern workforce.

Is now the time to buy Upwork? Access our full analysis report here.

What Is The Market Telling Us

Upwork’s shares are very volatile and have had 25 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 2 days ago when the stock gained 4.3% on the news that the company announced two key partnerships with embedded finance firm YouLend and artificial intelligence leader OpenAI. 

The deal with YouLend aimed to give U.S. freelancers, agencies, and small business owners better access to financing directly within the Upwork marketplace. This initiative already provided over $1 million in funding since its ramp-up period started. In a separate announcement, OpenAI revealed its partnership with Upwork as part of a larger effort to train people in AI. The collaboration was designed to make it easier for businesses to hire talent with specific AI skills, creating new economic opportunities for professionals on the platform.

Upwork is up 32.8% since the beginning of the year, and at $21.80 per share, has set a new 52-week high. Investors who bought $1,000 worth of Upwork’s shares 5 years ago would now be looking at an investment worth $623.39.