Fiverr International (NYSE:FVRR) Shares Down 6.2% - What's Next?

Key Points

• Fiverr International's stock (NYSE:FVRR) saw a decline of 6.2%, trading at around $22.37 after closing at $23.85, with an increased trading volume of 814,998 shares.
• Eleven equity analysts have given Fiverr mixed ratings, with five ratings as Buy and five as Hold, leading to a consensus rating of "Moderate Buy" and a target price of approximately $33.13.
• In the last quarterly earnings report, Fiverr reported earnings per share of $0.69, missing estimates, despite a revenue increase of 14.7% year-over-year.

Fiverr International (NYSE:FVRR - Get Free Report) dropped 6.2% during mid-day trading on Monday . The company traded as low as $22.47 and last traded at $22.37. Approximately 814,998 shares were traded during trading, an increase of 14% from the average daily volume of 713,910 shares. The stock had previously closed at $23.85.

Analysts Set New Price Targets

FVRR has been the topic of a number of analyst reports. Needham & Company LLC restated a "buy" rating and set a $32.00 target price on shares of Fiverr International in a research report on Tuesday. 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 note on Tuesday. Wall Street Zen downgraded shares of Fiverr International from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 29th. Royal Bank Of Canada dropped 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 note on Thursday, July 31st. Finally, JPMorgan Chase & Co. raised 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. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Fiverr International presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.60.

Fiverr International Price Performance

The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.07. The business's fifty day moving average is $23.79 and its 200 day moving average is $26.54. The firm has a market capitalization of $980.15 million, a P/E ratio of 56.97 and a beta of 1.35.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. State of Wyoming grew its position in Fiverr International by 127.3% during the second quarter. State of Wyoming now owns 13,184 shares of the company's stock valued at $387,000 after purchasing an additional 7,383 shares in the last quarter. Tower Research Capital LLC TRC grew its position in 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 in the last quarter. State of Tennessee Department of Treasury grew its position in Fiverr International by 56.7% during the second quarter. State of Tennessee Department of Treasury now owns 35,926 shares of the company's stock valued at $1,054,000 after purchasing an additional 12,997 shares in the last quarter. Tidal Investments LLC grew its position in Fiverr International by 2.5% during the second quarter. Tidal Investments LLC now owns 25,420 shares of the company's stock valued at $746,000 after purchasing an additional 614 shares in the last quarter. Finally, MML Investors Services LLC purchased a new position in Fiverr International during the second quarter valued at approximately $821,000. 59.00% of the stock is owned by hedge funds and other institutional investors.

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.