Fiverr International (NYSE:FVRR) Stock Rating Upgraded by BTIG Research

Key Points

• BTIG Research upgraded Fiverr International's stock rating from "neutral" to "buy," setting a price objective of $31.00, indicating a potential upside of 22.92% from the previous close.
• Other analysts have mixed views; while some upgraded their ratings, others lowered target prices, with an average price target of $32.60 among analysts.
• The company's latest earnings report showed a revenue increase of 14.7% year-over-year, although it missed the earnings per share consensus estimate by $0.03.

Fiverr International (NYSE:FVRR - Get Free Report) was upgraded by investment analysts at BTIG Research from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a $31.00 price objective on the stock. BTIG Research's price objective points to a potential upside of 22.92% from the stock's previous close.

Several other analysts have also weighed in on the company. JPMorgan Chase & Co. raised Fiverr International from a "neutral" rating to an "overweight" rating and lowered their target price for the company from $32.00 to $30.00 in a report on Thursday, July 31st. UBS Group decreased their price objective on Fiverr International from $32.00 to $25.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Royal Bank Of Canada decreased their price objective on 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. Wall Street Zen lowered Fiverr International from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 29th. Finally, Oppenheimer decreased their price objective on Fiverr International from $35.00 to $30.00 and set an "outperform" rating on the stock in a research note on Tuesday. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $32.60.

Fiverr International Stock Up 3.6%

Fiverr International stock opened at $25.22 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market capitalization of $903.99 million, a price-to-earnings ratio of 52.54 and a beta of 1.35. Fiverr International has a fifty-two week low of $20.83 and a fifty-two week high of $36.11. The stock's fifty day moving average is $23.79 and its two-hundred day moving average is $26.54.

Fiverr International (NYSE:FVRR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.69 earnings per share 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 analyst estimates of $107.75 million. Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. The firm's revenue for the quarter was up 14.7% on a year-over-year basis. During the same period last year, the company posted $0.58 EPS. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts predict that Fiverr International will post 1.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. State of Wyoming grew its position in shares of Fiverr International by 127.3% in the 2nd quarter. State of Wyoming now owns 13,184 shares of the company's stock worth $387,000 after acquiring an additional 7,383 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Fiverr International by 4,392.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company's stock worth $90,000 after acquiring an additional 2,987 shares in the last quarter. State of Tennessee Department of Treasury boosted its position in Fiverr International by 56.7% during the 2nd 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 during the period. Tidal Investments LLC boosted its position in Fiverr International by 2.5% during the 2nd quarter. Tidal Investments LLC now owns 25,420 shares of the company's stock valued at $746,000 after purchasing an additional 614 shares during the period. Finally, MML Investors Services LLC acquired a new position in Fiverr International during the 2nd quarter valued at approximately $821,000. Institutional investors and hedge funds 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.

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