Oppenheimer Downgrades Fiverr International (NYSE:FVRR) to Market Perform

Fiverr International (NYSE:FVRR) was downgraded by Oppenheimer from an “outperform” rating to a “market perform” rating in a report issued on Thursday, Marketbeat.com reports.

Several other research analysts also recently commented on FVRR. Wall Street Zen raised Fiverr International from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Zacks Research raised Fiverr International from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings cut Fiverr International from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $13.00 price objective (down from $26.00) on shares of Fiverr International in a research report on Thursday. Eleven investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Fiverr International presently has an average rating of “Reduce” and an average price target of $16.25.

Fiverr International Stock Performance

Shares of NYSE FVRR opened at $8.93 on Thursday. The firm has a 50 day moving average price of $10.60 and a two-hundred day moving average price of $11.67. The stock has a market cap of $321.03 million, a P/E ratio of 11.02 and a beta of 1.39. Fiverr International has a 52-week low of $8.75 and a 52-week high of $28.00.

Fiverr International (NYSE:FVRR) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $0.50 EPS for the quarter. Fiverr International had a net margin of 7.18% and a return on equity of 16.14%. The company had revenue of $97.78 million for the quarter. Analysts predict that Fiverr International will post 1.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fiverr International

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Tidal Investments LLC raised its position in shares of Fiverr International by 2.5% in the 2nd quarter. Tidal Investments LLC now owns 25,420 shares of the company’s stock worth $746,000 after acquiring an additional 614 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Fiverr International by 4.7% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,003 shares of the company’s stock valued at $366,000 after purchasing an additional 672 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Fiverr International by 4.5% during the 2nd quarter. Geode Capital Management LLC now owns 25,817 shares of the company’s stock valued at $756,000 after purchasing an additional 1,112 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in Fiverr International during the fourth quarter worth approximately $32,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in Fiverr International by 586.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,493 shares of the company’s stock worth $49,000 after purchasing an additional 2,130 shares during the period. Institutional investors and hedge funds own 59.00% of the company’s stock.

Fiverr International News Roundup

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.