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 ...

Investment Rating - The investment rating for Fiverr International Ltd is Neutral with a 12-month price target of $27.00 [5][21]. Core Insights - Monthly unique visitors to Fiverr.com decreased by 17% year-over-year in July, worsening from a 15% decline in June, indicating a trend of declining web traffic [2][3]. - The guidance for Q3 revenue suggests a continued slowdown, with a projected GMV growth of -4% year-over-year, slightly worse than the -3% in Q2 [3][4]. - The price target of $27 is based on a 9X NTM EV/EBITDA multiple applied to an adjusted EBITDA estimate of $89 million for the twelve months ending June 2026 [4][11]. Summary by Sections Web Traffic Data - July saw a 17% year-over-year decline in unique visitors to Fiverr.com, compared to a 15% decline in June and a 10% decline in May [3]. - The management's Q3 revenue guidance reflects expectations of continued slower trends, with consensus modeling a GMV decline of -4% year-over-year [3]. Valuation - The price target of $27 is derived from a 9X NTM EV/EBITDA multiple, which is below Fiverr's one-year forward multiple of 11X due to anticipated GMV volatility [4][11]. - The forecasted revenue for Fiverr is expected to grow from $361 million in 2023 to $385 million in 2024, with net earnings projected to increase from $80 million to $98 million in the same period [6]. Company Overview - Fiverr is a leading freelancing platform that served 4.1 million active buyers in 2023, generating a GMV of $1.1 billion with an average spend of $278 per buyer [10].

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, released its 2023 Environmental, Social and Governance (ESG) report, detailing the actions taken in 2023 to ensure a more sustainable future and introducing new goals that are aligned with Fiverr's key pillars and overall mission. Fiverr's efforts around sustainability are an extension of the company's core values and its culture of empowerment. Additionally, the com ...

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, released its 2023 Environmental, Social and Governance (ESG) report, detailing the actions taken in 2023 to ensure a more sustainable future and introducing new goals that are aligned with Fiverr's key pillars and overall mission. Fiverr's efforts around sustainability are an extension of the company's core values and its culture of empowerment. Additionally, the com ...

Shares of Fiverr International (FVRR) have gained 1% over the past four weeks to close the last trading session at $23.54, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $31.73 indicates a potential upside of 34.8%. The average comprises 11 short-term price targets ranging from a low of $25 to a high of $40, with a standard deviation of $5.37. While the lowest estimate indicate ...

Profitable growth from this leading gig-economy platform is great news for investors. Shares of Fiverr International (FVRR -4.08%) rallied following a better-than-expected second-quarter earnings update. Even as the stock is still down more than 90% from its pandemic-era all-time high, the latest trends suggest signs of an emerging turnaround. The freelancer marketplace is capturing renewed growth momentum and improving profitability. The potential that the company has finally cracked the formula for sustai ...