Why Did CELH, DPZ, UPWK Stocks Tumble To 52-Week Lows Today?

Wall Street analyst updates, weak earnings sentiment, and broader concerns about growth prospects around the companies rattled investor confidence.
In this photo illustration, the logo of Celsius Holdings, Inc. is displayed on a smartphone screen on May 4, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)
In this photo illustration, the logo of Celsius Holdings, Inc. is displayed on a smartphone screen on May 4, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)
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Aashika Suresh·Stocktwits
Published May 06, 2026   |   10:58 PM EDT
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  • Celsius Holdings fell to an intraday low of $31.80 amid a series of Wall Street price target updates.
  • Domino’s Pizza stock sank to $322.17 as investor sentiment continued to decline on the pizza chain’s weaker-than-expected Q1 results.
  • Upwork dropped to $10.02 amid slowing hiring demand and intense competition from AI-related developments.

Celsius Holdings Inc. (CELH), Domino's Pizza Inc. (DPZ), and Upwork Inc. (UPWK)  stocks plunged to fresh 52-week lows on Wednesday as analyst updates, weak earnings sentiment, and broader concerns about growth prospects rattled investor confidence.

Energy drink maker Celsius faced renewed skepticism from Wall Street over its international expansion prospects, while Domino’s continued to struggle with slowing demand and disappointing quarterly results. Meanwhile, Upwork shares remained under pressure amid concerns about macroeconomic weakness impacting freelance hiring trends.

Celsius Faces Mounting Growth Concerns

CELH stock tumbled to a fresh 52-week intraday low of $31.80 and closed down more than 2% on Wednesday, setting it on track for a third week of declines ahead of its earnings expected on Thursday.

Rothschild & Co Redburn initiated coverage with a ‘Neutral’ rating and a $47 price target, warning that while the company has carved out a strong niche in the U.S. energy drink market, scaling internationally may prove difficult.

Earlier in the week, JPMorgan analyst Andrea Teixeira also lowered the price target on Celsius to $67 from $77, though the analyst maintained an ‘Overweight’ rating on the stock. JPMorgan said investor sentiment remains weak heading into earnings.

CELH stock has tumbled more than 31% in 2026 amid concerns about slowing growth. On Stocktwits, retail sentiment around CELH stock jumped from ‘neutral’ to ‘extremely bullish’ territory over the past 24 hours as message volumes climbed to ‘extremely high’ levels.

Domino’s Slides Lower After Earnings Miss

DPZ stock sank to a new 52-week low of $322.17, closing down more than 2% on Wednesday as investor sentiment continued to decline on the pizza chain’s weaker-than-expected first-quarter (Q1) 2026 results.

The company reported earnings per share of $4.13, missing analyst estimates, while revenue came in at $1.15 billion, also below expectations. The disappointing results added to mounting concerns around slowing consumer demand, increased competition in the fast-food industry, and shifting customer preferences as consumers cut discretionary spending.

DPZ stock has declined more than 23% over the past year. On Stocktwits, retail sentiment on DPZ was ‘neutral’ over the past 24 hours amid ‘low’ message volume.

Upwork Hits New Low Amid AI Push

UPWK shares dropped to a fresh 52-week low of $10.02 amid slowing hiring demand and intense competition from AI-related developments.

The company’s revenue guidance for 2026 is below analyst expectations, and it is also facing a decline in active customers. Fears of AI disruption in the traditional freelancing model have also weighed on the stock. While the company has announced a new lineup of AI features and a reimagined platform experience to improve freelance hiring, investors have continued to pull back as the stock heads into its third straight week of declines.

UPWK stock has fallen more than 49% year-to-date. On Stocktwits, retail sentiment around UPWK stock was in the ‘bullish’ territory over the past 24 hours amid ‘high’ message volumes.

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