Stock fact sheet · data as of
Upland Software, Inc. (UPLD): fair value, margin of safety and Wheel Score
Technology · Software - Application · United States · Speculative / Distressed
Is UPLD undervalued?
At 2.92 (close of 16 Oct 2026), UPLD trades 98% below the GLS average fair value of 170.69. That average comes from 1 models run on the latest filings, and 1 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Upland Software, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The average is built from just 1 models (10 Cap) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files UPLD under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for UPLD
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 170.69 | +5746% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -87.60 | -3100% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 12.50 | +328% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Upland Software, Inc. scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 1.7/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -12.3%, ROE -48.2%, ROA -9.4% - with debt at 2.91 times equity and a free-cash-flow yield of 288.3%. Debt of 2.91 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
Upland Software, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Subscription And Support 50%, Product 47%, Perpetual License 2% (quarter Q2 FY2026).
Institutional ownership scores 4/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | -12.3% |
|---|---|---|---|
| GLS Moat | 1.7 / 10 | ROE | -48.2% |
| Debt / equity | 2.91 | ROA | -9.4% |
| Free-cash-flow yield | 288.3% | Payout ratio | 0% |
| Institutions | 4 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 42: Weak
With a Wheel Score of 42 Upland Software, Inc. sits in the Weak band. The parts - Value 25/25, Health 9/20, Moat 3/15, Premium 0/20, Stability 5/20 - show where: Premium (0/20) scores lowest.
No implied volatility is recorded for UPLD - the nightly snapshot found no near-the-money contracts 20-60 days out - so the Premium part of the Wheel Score is zero. Chain open interest is thin - 457 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 22k shares a day on a market cap of $9M, with a beta of 1.43 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 5 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 98% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 3 / 15 | moat 1.7/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 5 / 20 | 22k shares/day, $9M cap, beta 1.43 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 5 Nov 2026 (before the open), 20 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to Upland Software, Inc. by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| VIIQ VisitIQ Corp | 1.66 | 7.09 | +77% | 39No options | $9M |
| DTRK DATATRAK International, Inc. | 0.3200 | 1.35 | +76% | 34No options | $9M |
| SEAC SeaChange International, Inc. | 3.07 | - | - | 30No options | $8M |
| AMOD Alpha Modus Holdings, Inc. | 1.62 | - | - | 39No options | $8M |
| MYSE Myseum Inc. | 1.52 | - | - | 23No options | $8M |
| NXTT Next Technology Holding Inc. | 5.23 | 10,225.77 | +100% | 36No options | $8M |
| SAGT SAGTEC GLOBAL Ltd | 0.4250 | 10.38 | +96% | 39No options | $10M |
| INUV Inuvo, Inc. | 0.4600 | 4.32 | +89% | 36No options | $8M |
| AQIA Aquiva Group Inc. | 0.1260 | 0.0107 | -1078% | 15No options | $7M |
| CYN Cyngn Inc. | 0.4810 | - | - | 28No options | $7M |
| RCT RedCloud Holdings plc | 0.1060 | - | - | 36No options | $7M |
| YXT YXT.COM Group Holding Limited | 1.70 | - | - | 18No options | $10M |
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Start free See the Sunday ScanQuestions about UPLD
Is UPLD undervalued right now?
By the GLS models, yes: at 2.92 the stock is 98% below the average fair value of 170.69 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of UPLD and what does it mean?
UPLD scores 42 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for UPLD?
170.69 per share as of 16 Oct 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Upland Software, Inc. report earnings next?
The next earnings report is due on 5 Nov 2026 (before the open), 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does UPLD have listed options, and how liquid are they?
Yes. The nightly snapshot found 12 listed contracts with 457 open interest across all expiries. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.