NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Fiverr (NYSE: FVRR), the company that is changing how the world works together, today announced an exciting new partnership with interior design expert and CEO Bobby Berk. As a new brand ambassador, Bobby Berk will be featured in exclusive content featuring design tips and insights on how he and his team work and offer limited edition consultations to three individuals or businesses to transform their home or office spaces. The partnership, a coveted Limited Editio ...

Can this beaten-down technology company recover to its pandemic-era highs? With shares down 92% from an all-time high of $323, reached in February 2021, Fiverr (FVRR 0.24%) is one of several pandemic-era winners that rapidly lost Wall Street's favor as the economic situation normalized. But is the company's rock-bottom stock price a buying opportunity, or a warning for investors to stay far away? Let's discuss what the next five years could have in store for this battered business. What went wrong for Fiver ...

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- Orlando, Miami, and Tampa top the list for highest freelancer population and revenue growth, according to a new report released today by Fiverr International Ltd. (NYSE:FVRR), the company that is changing how the world works together. Featuring a comprehensive analysis of the size and revenue of the skilled independent workforce in the top 30 cities in the United States, the 7th annual Freelance Economic Impact Report also identifies major growth across cities in T ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Fiverr International (FVRR), and highlights the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][4]. Brokerage Recommendations for Fiverr - Fiverr has an average brokerage recommendation (ABR) of 1.64, indicating a consensus between Strong Buy and Buy, based on recommendations from 11 brokerage firms [2]. - Out of the 11 recommendations, seven are classified as Strong Buy and one as Buy, which accounts for 63.6% and 9.1% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - Solely relying on brokerage recommendations may not be advisable, as studies suggest they often do not effectively guide investors towards stocks with the highest potential for price appreciation [4]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, with a ratio of five "Strong Buy" recommendations for every "Strong Sell" [5][9]. Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks into five groups based on earnings estimate revisions, is presented as a more reliable indicator of near-term price performance compared to ABR [7][10]. - The Zacks Rank is updated more frequently and reflects changes in earnings estimates, making it a timely tool for predicting future price movements [11]. Current Earnings Estimates for Fiverr - The Zacks Consensus Estimate for Fiverr's earnings for the current year remains unchanged at $2.39, indicating steady analyst views on the company's earnings prospects [12]. - Due to the unchanged consensus estimate and other factors, Fiverr currently holds a Zacks Rank of 3 (Hold), suggesting a cautious approach despite the Buy-equivalent ABR [13].

Fiverr International Ltd. (NYSE:FVRR) J.P. Morgan Global Technology, Media and Communications Conference May 20, 2024 1:50 PM ET Company Participants Micha Kaufman - Founder and CEO Ofer Katz - CFO Conference Call Participants Douglas Anmuth - JPMorgan Douglas Anmuth All right. We're going to go ahead and get started. I'm Doug Anmuth, JPMorgan's Internet Analyst. It's our pleasure to have with us Fiverr's Founder; and CEO, Micha Kaufman and CFO, Ofer Katz. Fiverr's mission is to change how the world works t ...

In his latest Fiverr note, McTernan pointed to the company's gross merchandise value, which grew in the quarter after 11 straight quarters of decreases. He said this was due to a double-digit rise in the company's complex services category, which to him "should help to calm generative artificial intelligence (AI) competition fears." AI worries overblown With that, the analyst shone a light on perhaps the biggest fear of Fiverr bears -- that AI will wipe out the marketplace for small-scale freelance work tha ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Fiverr International. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Revenue growth is slow as active buyers continue to fall away.Shares of freelance marketplace Fiverr International (FVRR 8.78%) were flying higher on Thursday after the company reported financial results for the first quarter of 2024. Results were just OK but expectations were low, which explains why investors are so enthusiastic today. As of 1 p.m. ET, Fiverr stock was up 9%, but it had been up almost 16% earlier in the day.Fiverr pleasantly surprised investors who didn't expect muchIn Q1, Fiverr generated ...

Fiverr International (FVRR) reported $93.52 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.3%. EPS of $0.52 for the same period compares to $0.36 a year ago.The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of $92.45 million. With the consensus EPS estimate being $0.52, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Fiverr International (FVRR) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this online marketplace for freelance services would post earnings of $0.52 per share when it actually produced earnings of $0.56, delivering a surprise of 7.69%.Over the last four quarters, the company has surpassed consensus EPS estimates thr ...