Fiverr International Ltd. (NYSE:FVRR) Goldman Sachs Communacopia + Technology Conference September 9, 2024 2:30 PM ET Company Participants Jinjin Qian - EVP, Strategic Finance Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan Okay. So in the interest of time, we're going to get started with our next one. It's my pleasure to welcome Fiverr to the conference. We have Jinjin Qian, EVP, Strategic Finance. Jinjin, thank you so much for being part of the conference. Jinjin Qian Thank you fo ...

Company and Industry Overview * **Company**: Fiverr International Ltd. (NYSE:FVRR) * **Industry**: Freelancing services marketplace * **Market Opportunity**: Large and growing, with significant potential for market penetration * **Company Size**: Three times larger than pre-IPO, with over 700 categories and profitable since 2019 Strategic Focus * **Go Upmarket**: Target larger customers with higher spending power and longer-term engagements * **Invest in AI**: Leverage AI for platform enhancements and category expansion * **Expand Revenue Streams**: Develop more value-added products and services Market Environment * **Challenging Macro Environment**: SMB sentiment and hiring environment are weak * **Growth Catalysts**: Expansion into professions and longer-term engagements, and development of value-added products * **Future Outlook**: Expect growth in spend per buyer and take rate expansion Generative AI * **Opportunity**: Connect SMBs with AI experts and leverage AI for marketing capabilities * **Platform Integration**: Launch of Neo, an AI-powered platform for improved matching and conversion rates Product and Strategy * **Key Products**: Neo, professions catalog, Promoted Gigs, Seller Plus, and acquisition of AutoDS * **Strategic Goals**: Drive growth and innovation, optimize the balance sheet, continue buybacks, and pursue strategic M&A Financials * **Target Margin**: 25% EBITDA margin by 2027 * **Free Cash Flow**: Tangible path to achieve free cash flow and free cash flow per share targets * **Capital Allocation**: Invest in product, optimize balance sheet, continue buybacks, and pursue strategic M&A Growth Priorities * **Go Upmarket**: Focus on complex services, longer engagements, and the Pro side of the business * **Invest in AI**: Continue to leverage AI for platform enhancements and category expansion * **Expand Revenue Streams**: Develop more value-added products and services Conclusion Fiverr is well-positioned to capitalize on the growing freelancing services market. The company's strategic focus on going upmarket, investing in AI, and expanding revenue streams, combined with its strong financial position and disciplined capital allocation, positions it for continued growth and success.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Fiverr International (FVRR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Fiverr currently ha ...

Morsa Images/DigitalVision via Getty Images I first reviewed Fiverr (NYSE:FVRR) back in January. I liked that the company was founder-led and thought the organization seemed well positioned to take advantage of the growing trend of remote and freelance work. Since that article, the stock is down nearly 10% and year-to-date, the company is still underperforming compared to the S&P 500 as Fiverr is slightly down. Despite the mediocre returns of 2024, I still am bullish on the company as I feel they are set up ...

Check out how it hopes to disrupt a gigantic target market. Artificial technology (AI) is here to stay. Large language models (LLM) like ChatGPT are already disrupting many industries with AI-generated text, images, and even videos. The next generation of LLMs will be even more powerful, and I probably haven't even imagined the incoming wave of killer apps yet. But nobody knows who will make the next big AI move. The big winners in this stock market boom are largely generalists -- makers of the computer chi ...

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today released research exploring retailers' readiness for the upcoming holiday season. Fiverr conducted a global survey of over 2,500 consumers and over 2,500 small-tomedium business leaders (excluding sole traders) in partnership with Censuswide. The findings reveal a more strategic approach to how businesses manage marketing efforts, freelance talent, and AI techn ...

NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd, (NYSE: FVRR), the company that is changing how the world works together, today announced that Micha Kaufman, Founder and Chief Executive Officer, and Ofer Katz, President and Chief Financial Officer, will present at the upcoming Goldman Sachs Communacopia and Technology Conference: Goldman Sachs Communacopia + Technology Conference Date: Monday, September 9, 2024 Time: 11:30 am Pacific Time A live webcast of the presentation will be acces ...

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. ...

Klaus Vedfelt Introduction & Investment Thesis I last wrote on Fiverr (NYSE:FVRR) in May, where I downgraded the stock from a "buy" to a "hold" after it rallied close to 19% post-Q1 earnings, thus leaving little to no upside for the stock based on the management's forward guidance at the time. Since then, the stock has declined 7%, underperforming the S&P 500. Fiverr is a digital services marketplace that connects businesses (buyers) with freelancers (sellers) in over 700 categories. It reported its Q2 FY24 ...

Global Research and Evidence Lab 14 August 2024 Fiverr International Ltd July Web Traffic Data Remains Soft Updated Stock Thoughts According to the UBS Evidence Lab Web Traffic Monitor ( > Access Dataset), monthly unique visitors to Fiverr.com slowed to -17% yoy in July from -15% in June. This marked the second consecutive month of worsening trends after web traffic comps have generally been improving since late 2023. Consensus for Q3 calls for a slight deceleration in GMV growth. While some deceleration is ...