Fiverr International (NYSE:FVRR) Raised to “Strong-Buy” at Zacks Research

Fiverr International (NYSE:FVRR) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. UBS Group dropped their price target on shares of Fiverr International from $32.00 to $25.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. Royal Bank Of Canada lowered their price objective on Fiverr International from $35.00 to $28.00 and set a “sector perform” rating for the company in a research report on Thursday, July 31st. JPMorgan Chase & Co. upgraded Fiverr International from a “neutral” rating to an “overweight” rating and reduced their target price for the company from $32.00 to $30.00 in a research report on Thursday, July 31st. Citigroup decreased their price target on Fiverr International from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Thursday, July 31st. Finally, BTIG Research raised Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Fiverr International has a consensus rating of “Moderate Buy” and an average price target of $32.60.

Fiverr International Stock Up 1.0%

Shares of FVRR opened at $25.60 on Monday. Fiverr International has a 52-week low of $20.83 and a 52-week high of $36.11. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $23.74 and a two-hundred day simple moving average of $26.56. The company has a market capitalization of $917.32 million, a PE ratio of 53.32 and a beta of 1.35.

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

Institutional Trading of Fiverr International

Institutional investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its position in shares of Fiverr International by 60.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 42,336 shares of the company’s stock worth $1,343,000 after acquiring an additional 15,951 shares in the last quarter. Legato Capital Management LLC acquired a new stake in shares of Fiverr International during the 1st quarter worth about $516,000. Arkadios Wealth Advisors lifted its stake in Fiverr International by 7.3% during the first quarter. Arkadios Wealth Advisors now owns 147,895 shares of the company’s stock worth $3,502,000 after purchasing an additional 10,022 shares during the last quarter. Quantbot Technologies LP boosted its holdings in Fiverr International by 5,825.9% in the first quarter. Quantbot Technologies LP now owns 11,911 shares of the company’s stock valued at $282,000 after purchasing an additional 11,710 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Fiverr International by 53.3% in the first quarter. Ameriprise Financial Inc. now owns 1,870,478 shares of the company’s stock valued at $44,293,000 after purchasing an additional 650,672 shares in the last quarter. 59.00% of the stock is owned by hedge funds and other institutional investors.

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.