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Fiverr: Why The Core Story Still Holds Despite Recent Headwinds; Buy
FVRRFiverr(FVRR) Seeking Alpha·2024-06-28 09:53

Almost two years have passed since my last evaluation of Fiverr International Inc. (NYSE:FVRR). In that initial analysis done in Aug 2022, I considered Fiverr a great idea for long-term investors who wanted to participate in the digitalization of the freelancing industry, an industry with a secular trend and attractive long-term growth perspectives. Since then, however, the shares have depreciated by c. 25% (c. 40% since the article was published) even though I found them undervalued with an intrinsic value ...