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

Zacks Research upgraded shares of Fiverr International (NYSE:FVRR) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

FVRR has been the subject of a number of other research reports. JPMorgan Chase & Co. upgraded shares of Fiverr International from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $32.00 to $30.00 in a report on Thursday, July 31st. BTIG Research raised Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 target price for the company in a report on Friday, September 19th. Wall Street Zen lowered shares of Fiverr International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 29th. Needham & Company LLC reissued a “buy” rating and set a $32.00 price objective on shares of Fiverr International in a report on Tuesday, September 16th. Finally, Citigroup cut their target price on shares of Fiverr International from $40.00 to $33.00 and set a “buy” rating for the company in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $32.60.

Fiverr International Trading Down 2.2%

NYSE FVRR opened at $25.07 on Monday. The business has a fifty day simple moving average of $23.72 and a 200 day simple moving average of $26.55. The firm has a market capitalization of $898.75 million, a P/E ratio of 52.24 and a beta of 1.35. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.07. Fiverr International has a 12 month low of $20.83 and a 12 month high of $36.11.

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

Institutional Trading of Fiverr International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FVRR. Assetmark Inc. purchased a new stake in Fiverr International in the second quarter worth about $41,000. Tower Research Capital LLC TRC lifted its holdings in shares of Fiverr International by 4,392.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company’s stock valued at $90,000 after purchasing an additional 2,987 shares during the last quarter. PharVision Advisers LLC purchased a new position in Fiverr International during the second quarter valued at $234,000. MQS Management LLC purchased a new position in shares of Fiverr International in the 2nd quarter worth about $248,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Fiverr International in the 2nd quarter worth about $262,000. Hedge funds and other institutional investors own 59.00% of the company’s stock.

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.