Oppenheimer Cuts Fiverr International (NYSE:FVRR) Price Target to $30.00

Fiverr International (NYSE:FVRRFree Report) had its price objective reduced by Oppenheimer from $35.00 to $30.00 in a research report report published on Tuesday,Benzinga reports. They currently have an outperform rating on the stock.

Several other research analysts have also recently weighed in on the stock. Citigroup dropped their price target on shares of Fiverr International from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Thursday, July 31st. 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. Wall Street Zen cut shares of Fiverr International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 29th. Needham & Company LLC reiterated a “buy” rating and set a $32.00 price target on shares of Fiverr International in a research note on Tuesday. Finally, JPMorgan Chase & Co. upgraded shares of Fiverr International from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $32.00 to $30.00 in a research note on Thursday, July 31st. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.78.

Read Our Latest Stock Analysis on Fiverr International

Fiverr International Trading Up 3.6%

NYSE:FVRR opened at $25.22 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 12 month low of $20.83 and a 12 month high of $36.11. The company has a market cap of $903.99 million, a PE ratio of 52.54 and a beta of 1.35. The company has a 50 day simple moving average of $23.79 and a two-hundred day simple moving average of $26.54.

Fiverr International (NYSE:FVRRGet Free Report) last posted 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). Fiverr International had a return on equity of 11.87% and a net margin of 4.34%.The company had revenue of $108.65 million during the quarter, compared to the consensus estimate of $107.75 million. During the same period last year, the firm posted $0.58 EPS. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts forecast that Fiverr International will post 1.04 earnings per share for the current year.

Institutional Trading of Fiverr International

Several hedge funds have recently bought and sold shares of FVRR. Millennium Management LLC increased its holdings in shares of Fiverr International by 169.9% in the 4th quarter. Millennium Management LLC now owns 305,886 shares of the company’s stock worth $9,706,000 after buying an additional 192,534 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Fiverr International by 60.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 42,336 shares of the company’s stock worth $1,343,000 after buying an additional 15,951 shares during the last quarter. Legato Capital Management LLC bought a new stake in shares of Fiverr International in the 1st quarter worth about $516,000. Arkadios Wealth Advisors increased its holdings in shares of Fiverr International by 7.3% in the 1st quarter. Arkadios Wealth Advisors now owns 147,895 shares of the company’s stock worth $3,502,000 after buying an additional 10,022 shares during the last quarter. Finally, Quantbot Technologies LP increased its holdings in shares of Fiverr International by 5,825.9% in the 1st quarter. Quantbot Technologies LP now owns 11,911 shares of the company’s stock worth $282,000 after buying an additional 11,710 shares during the last quarter. Hedge funds and other institutional investors own 59.00% of the company’s stock.

Fiverr International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Fiverr International (NYSE:FVRR)

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