Fiverr International (NYSE:FVRR – Get Free Report) was downgraded by equities researchers at Scotiabank from a “sector outperform” rating to a “sector perform” rating in a note issued to investors on Thursday, MarketBeat.com reports. They presently have a $10.00 price target on the stock. Scotiabank’s price objective indicates a potential upside of 11.98% from the stock’s previous close.
FVRR has been the subject of several other research reports. Wall Street Zen upgraded Fiverr International from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Zacks Research raised shares of Fiverr International from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings lowered shares of Fiverr International from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Oppenheimer downgraded shares of Fiverr International from an “outperform” rating to a “market perform” rating in a research note on Thursday. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $13.00 target price (down from $26.00) on shares of Fiverr International in a research note on Thursday. Eleven investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $16.25.
Check Out Our Latest Stock Analysis on FVRR
Fiverr International Trading Down 2.7%
Fiverr International (NYSE:FVRR – Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $0.50 earnings per share for the quarter. The business had revenue of $97.78 million during the quarter. Fiverr International had a return on equity of 16.14% and a net margin of 7.18%. As a group, equities research analysts forecast that Fiverr International will post 1.24 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC bought a new stake in shares of Fiverr International during the first quarter valued at about $252,000. Altshuler Shaham Ltd boosted its position in shares of Fiverr International by 400.0% in the first quarter. Altshuler Shaham Ltd now owns 5,000 shares of the company’s stock valued at $50,000 after acquiring an additional 4,000 shares during the period. Amundi bought a new position in shares of Fiverr International in the first quarter valued at approximately $105,000. Engine Capital Management LP grew its stake in Fiverr International by 78.4% during the first quarter. Engine Capital Management LP now owns 1,338,644 shares of the company’s stock valued at $13,413,000 after acquiring an additional 588,220 shares in the last quarter. Finally, Rice Hall James & Associates LLC increased its holdings in Fiverr International by 5.3% during the 1st quarter. Rice Hall James & Associates LLC now owns 304,628 shares of the company’s stock worth $3,052,000 after acquiring an additional 15,331 shares during the period. Institutional investors own 59.00% of the company’s stock.
Fiverr International News Summary
Here are the key news stories impacting Fiverr International this week:
- Positive Sentiment: Despite the downgrades, Goldman Sachs set a $13.00 price target, while Citigroup maintained an $11.50 target. Both targets remain above Fiverr’s recent trading level, implying potential upside if the company’s transition succeeds. Zacks.com Fiverr Price Target Cut by Citigroup
- Neutral Sentiment: Fiverr forecasts 2026 revenue of $356 million to $372 million and expects a roughly six-quarter transformation period. Management’s strategy could improve the business over time, but the extended timeline limits near-term catalysts. Fiverr 2026 Revenue Forecast
- Negative Sentiment: Fiverr’s reduced revenue outlook reflects AI-related demand and traffic headwinds, raising concerns about growth and the effectiveness of its marketplace model. The outlook cut triggered a sharp selloff and pushed the stock to a new 52-week low. Fiverr Outlook Cut on AI Demand Pressures Fiverr Hits New 52-Week Low
- Negative Sentiment: Analysts have become more cautious: Goldman Sachs downgraded Fiverr to Neutral from Buy, Oppenheimer moved to Market Perform from Outperform, and Scotiabank shifted to Sector Perform. Citigroup cut its target to $11.50 from $15, while RBC reduced its target to $9 from $16, signaling diminished expectations for near-term performance. Analyst Rating Changes
Fiverr International Company Profile
Fiverr International Ltd. operates an online marketplace that connects businesses and individuals with freelance talent across a wide range of professional services. Through its platform, Fiverr enables clients to procure work such as graphic design, digital marketing, writing and translation, video and animation, programming and tech, and business services. By offering a streamlined interface for ordering and delivering gig-based work, the company seeks to simplify the procurement of specialized skills on a project-by-project basis.
Founded in 2010 and headquartered in Tel Aviv, Israel, Fiverr serves clients and freelancers around the globe, with a particularly strong presence in North America and Europe.
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