Brokerages Set Fiverr International (NYSE:FVRR) Price Target at $32.60

Shares of Fiverr International (NYSE:FVRR) have earned an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $32.60.

A number of research analysts recently issued reports on FVRR shares. JPMorgan Chase & Co. upgraded shares of Fiverr International from a “neutral” rating to an “overweight” rating and decreased their target price for the company from $32.00 to $30.00 in a research report on Thursday, July 31st. UBS Group cut their price objective on shares of Fiverr International from $32.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Zacks Research raised shares of Fiverr International from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Wall Street Zen cut shares of Fiverr International from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 29th. Finally, Citigroup cut their price objective on shares of Fiverr International from $40.00 to $33.00 and set a “buy” rating for the company in a report on Thursday, July 31st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tidal Investments LLC increased its holdings in Fiverr International by 2.5% in the second quarter. Tidal Investments LLC now owns 25,420 shares of the company’s stock valued at $746,000 after buying an additional 614 shares in the last quarter. Investment House LLC raised its position in shares of Fiverr International by 0.3% during the 2nd quarter. Investment House LLC now owns 277,390 shares of the company’s stock worth $8,136,000 after purchasing an additional 910 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Fiverr International by 4.5% during the 2nd quarter. Geode Capital Management LLC now owns 25,817 shares of the company’s stock worth $756,000 after purchasing an additional 1,112 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of Fiverr International by 7.4% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 16,752 shares of the company’s stock worth $491,000 after purchasing an additional 1,157 shares during the last quarter. Finally, Assetmark Inc. acquired a new position in shares of Fiverr International during the 2nd quarter worth about $41,000. Hedge funds and other institutional investors own 59.00% of the company’s stock.

Fiverr International Trading Up 0.2%

NYSE FVRR opened at $22.95 on Monday. The company has a market capitalization of $822.73 million, a PE ratio of 47.82 and a beta of 1.45. The company has a fifty day moving average of $23.63 and a 200 day moving average of $26.31. Fiverr International has a 1 year low of $20.83 and a 1 year high of $36.11. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.32 and a quick ratio of 1.32.

Fiverr International (NYSE:FVRR) last posted its earnings results on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.03). The business had revenue of $108.65 million for the quarter, compared to analyst estimates of $107.75 million. Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.58 earnings per share. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts forecast that Fiverr International will post 1.04 earnings per share for the current year.

Fiverr International Company Profile

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.