Fiverr International (NYSE:FVRR – Get Free Report)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $20.36 and last traded at $20.4230, with a volume of 573296 shares trading hands. The stock had previously closed at $21.63.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on FVRR. Oppenheimer dropped their price target on Fiverr International from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 16th. Royal Bank Of Canada decreased their price target on shares of Fiverr International from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 31st. Zacks Research upgraded Fiverr International from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. BTIG Research raised shares of Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Friday, September 19th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Fiverr International has an average rating of “Moderate Buy” and an average price target of $32.60.
Check Out Our Latest Research Report on FVRR
Fiverr International Stock Up 4.5%
Fiverr International (NYSE:FVRR – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. Fiverr International had a return on equity of 13.53% and a net margin of 5.23%.The business had revenue of $107.90 million for the quarter, compared to analysts’ expectations of $107.88 million. During the same quarter in the prior year, the business earned $0.64 EPS. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. Fiverr International has set its Q4 2025 guidance at EPS. Research analysts predict that Fiverr International will post 1.04 EPS for the current year.
Institutional Investors Weigh In On Fiverr International
Several large investors have recently added to or reduced their stakes in the business. ARK Investment Management LLC lifted its stake in Fiverr International by 20.2% during the second quarter. ARK Investment Management LLC now owns 66,906 shares of the company’s stock worth $1,962,000 after purchasing an additional 11,224 shares during the last quarter. Analyst IMS Investment Management Services Ltd. lifted its position in Fiverr International by 19.0% in the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 468,729 shares of the company’s stock worth $13,748,000 after buying an additional 75,000 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Fiverr International by 53.3% in the first quarter. Ameriprise Financial Inc. now owns 1,870,478 shares of the company’s stock worth $44,293,000 after buying an additional 650,672 shares in the last quarter. Jump Financial LLC raised its position in Fiverr International by 29.8% in the 1st quarter. Jump Financial LLC now owns 104,839 shares of the company’s stock worth $2,483,000 after purchasing an additional 24,085 shares during the period. Finally, Legato Capital Management LLC purchased a new stake in Fiverr International during the first quarter valued at about $516,000. Institutional investors and hedge funds own 59.00% of the company’s stock.
About Fiverr International
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.
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