Fiverr International's (FVRR) "Buy" Rating Reaffirmed at Needham & Company LLC

Key Points

• Needham & Company LLC has reaffirmed a "Buy" rating for Fiverr International (FVRR) with a target price of $32.00, indicating a potential upside of 40.17% from its current price.
• Fiverr reported a Q2 EPS of $0.69, missing analyst estimates, although revenue increased by 14.7% year-over-year to $108.65 million.
• The stock currently has a consensus rating of "Moderate Buy" among analysts, with an average target price of $33.13.

Fiverr International (NYSE:FVRR - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Needham & Company LLC in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $32.00 target price on the stock. Needham & Company LLC's price target points to a potential upside of 40.17% from the stock's current price.

Other analysts also recently issued reports about the company. UBS Group dropped their price objective on Fiverr International from $32.00 to $25.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Citigroup cut their price target on Fiverr International from $40.00 to $33.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. JPMorgan Chase & Co. upgraded Fiverr International from a "neutral" rating to an "overweight" rating and reduced their target price for the company from $32.00 to $30.00 in a research note on Thursday, July 31st. Wall Street Zen cut Fiverr International from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 29th. Finally, Royal Bank Of Canada decreased their price target on Fiverr International from $35.00 to $28.00 and set a "sector perform" rating for the company in a report on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $33.13.

Fiverr International Price Performance

Shares of FVRR opened at $22.83 on Tuesday. 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 1 year low of $20.83 and a 1 year high of $36.11. The stock has a market cap of $818.32 million, a P/E ratio of 47.56 and a beta of 1.35. The stock's 50-day moving average price is $23.99 and its two-hundred day moving average price is $26.58.

Fiverr International (NYSE:FVRR - Get Free Report) last released its quarterly 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). Fiverr International had a return on equity of 11.87% and a net margin of 4.34%.The business had revenue of $108.65 million for the quarter, compared to analyst estimates of $107.75 million. During the same period in the prior year, the business earned $0.58 EPS. The company's revenue for the quarter was up 14.7% compared to the same quarter last year. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts predict that Fiverr International will post 1.04 earnings per share for the current year.

Institutional Trading of Fiverr International

Several institutional investors have recently made changes to their positions in the business. Assetmark Inc. purchased a new stake in Fiverr International during the second quarter valued at approximately $41,000. Tower Research Capital LLC TRC increased its holdings in shares of Fiverr International by 4,392.6% in 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 period. PharVision Advisers LLC acquired a new stake in Fiverr International during the second quarter worth about $234,000. MQS Management LLC purchased a new position in Fiverr International during the second quarter worth approximately $248,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Fiverr International in the second quarter valued at approximately $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.

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