The Goldman Sachs Group downgraded shares of Fiverr International (NYSE:FVRR – Free Report) from a strong-buy rating to a hold rating in a report issued on Thursday, Marketbeat Ratings reports. They currently have $13.00 price target on the stock.
Several other equities research analysts also recently issued reports on FVRR. UBS Group lowered their price objective on shares of Fiverr International from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Thursday. Wall Street Zen upgraded Fiverr International from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Royal Bank Of Canada reduced their price objective on Fiverr International from $16.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday. Scotiabank downgraded Fiverr International from a “sector outperform” rating to a “sector perform” rating and set a $10.00 price objective for the company. in a report on Thursday. Finally, Citigroup dropped their target price on Fiverr International from $15.00 to $11.50 and set a “neutral” rating on the stock in a research report on Thursday. Eleven equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $16.25.
Get Our Latest Analysis on Fiverr International
Fiverr International Stock Performance
Fiverr International (NYSE:FVRR – Get Free Report) last posted its earnings results on Tuesday, June 30th. The company reported $0.50 earnings per share for the quarter. The firm had revenue of $97.78 million for the quarter. Fiverr International had a return on equity of 16.40% and a net margin of 7.18%. On average, research analysts predict that Fiverr International will post 1.24 EPS for the current year.
Institutional Investors Weigh In On Fiverr International
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sparta 24 Ltd. acquired a new stake in shares of Fiverr International in the first quarter valued at about $9,410,000. Engine Capital Management LP grew its stake in Fiverr International by 78.4% in the first quarter. Engine Capital Management LP now owns 1,338,644 shares of the company’s stock valued at $13,413,000 after purchasing an additional 588,220 shares in the last quarter. Whetstone Capital Advisors LLC bought a new stake in shares of Fiverr International during the 4th quarter worth approximately $2,497,000. Hussman Strategic Advisors Inc. acquired a new stake in shares of Fiverr International in the 4th quarter valued at approximately $830,000. Finally, Independent Financial Group LLC acquired a new position in Fiverr International during the first quarter worth $131,000. 59.00% of the stock is currently owned by institutional investors and hedge funds.
Key Fiverr International News
Here are the key news stories impacting Fiverr International this week:
- Positive Sentiment: Fiverr remained profitable, reporting $0.50 in adjusted earnings per share, up from $0.09 a year earlier. Its net margin was 6.7%, and spending per active buyer increased to approximately $368, suggesting demand is concentrating in larger, higher-value projects. Fiverr quarterly earnings report
- Positive Sentiment: Citigroup lowered its price target to $11.50 but maintained a neutral rating, leaving potential upside from recent trading levels. Fiverr is also shifting its marketplace toward longer, more complex projects where human expertise may be less vulnerable to AI substitution. Citigroup rating update
- Neutral Sentiment: Management expects a transformation period lasting roughly six quarters as it adapts the business to AI-driven changes in customer acquisition and freelance demand. The strategy could improve the quality of revenue over time, but execution remains uncertain. Fiverr transformation outlook
- Negative Sentiment: Second-quarter revenue fell 10% year over year to $97.78 million and missed the $99.74 million consensus estimate. EPS of $0.50 also came in below the $0.52 estimate. Fiverr Q2 earnings estimates
- Negative Sentiment: Fiverr forecast third-quarter revenue of $80 million-$88 million and full-year 2026 revenue of $356 million-$372 million, well below analyst estimates of $99.4 million and $402.7 million, respectively. The outlook cut, attributed to AI-related traffic and demand headwinds, triggered broad analyst caution. Oppenheimer downgraded the stock to market perform, Scotiabank to sector perform, and RBC cut its target to $9 with a sector-perform rating. Fiverr outlook reduction
Fiverr International Company Profile
Fiverr International Ltd. operates an online marketplace that connects businesses and individuals with freelance talent across a wide range of professional services. Through its platform, Fiverr enables clients to procure work such as graphic design, digital marketing, writing and translation, video and animation, programming and tech, and business services. By offering a streamlined interface for ordering and delivering gig-based work, the company seeks to simplify the procurement of specialized skills on a project-by-project basis.
Founded in 2010 and headquartered in Tel Aviv, Israel, Fiverr serves clients and freelancers around the globe, with a particularly strong presence in North America and Europe.
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