BTIG Research Upgrades Fiverr International (NYSE:FVRR) to Buy

Fiverr International (NYSE:FVRR) was upgraded by research analysts at BTIG Research from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The firm presently has a $31.00 price target on the stock. BTIG Research’s price target points to a potential upside of 16.02% from the stock’s current price.

A number of other research analysts also recently commented on FVRR. Wall Street Zen downgraded shares of Fiverr International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 29th. JPMorgan Chase & Co. raised shares of Fiverr International from a “neutral” rating to an “overweight” rating and cut their target price for the company from $32.00 to $30.00 in a research report on Thursday, July 31st. Needham & Company LLC reissued a “buy” rating and set a $32.00 target price on shares of Fiverr International in a research report on Tuesday, September 16th. Citigroup cut their target price on shares of Fiverr International from $40.00 to $33.00 and set a “buy” rating on the stock in a research report on Thursday, July 31st. Finally, Oppenheimer cut their target price on shares of Fiverr International from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 16th. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.60.

Fiverr International Trading Up 6.0%

FVRR stock opened at $26.72 on Friday. The company has a market capitalization of $957.64 million, a PE ratio of 55.67 and a beta of 1.35. Fiverr International has a 12 month low of $20.83 and a 12 month high of $36.11. The firm’s 50-day moving average is $23.78 and its 200 day moving average is $26.56. 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 quarterly 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 company had revenue of $108.65 million during the quarter, compared to analysts’ expectations of $107.75 million. Fiverr International had a return on equity of 11.87% and a net margin of 4.34%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.58 EPS. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts anticipate 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 stock. Assetmark Inc. acquired a new stake in Fiverr International in the 2nd quarter worth approximately $41,000. Tower Research Capital LLC TRC lifted its stake in Fiverr International by 4,392.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company’s stock valued at $90,000 after acquiring an additional 2,987 shares during the period. PharVision Advisers LLC acquired a new stake in Fiverr International during the 2nd quarter valued at approximately $234,000. MQS Management LLC acquired a new stake in Fiverr International during the 2nd quarter valued at approximately $248,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Fiverr International during the 2nd quarter valued at approximately $262,000. 59.00% of the stock is currently owned by institutional investors and hedge funds.

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.