Who bought FVRR stock last quarter?
FVRR stock was sold by a variety of institutional investors in the last quarter, including Clear Street Markets LLC. Which institutional investors are buying Fiverr International stock?
How much did FVRR raise in its initial public offering?
(FVRR) raised $101 million in an initial public offering on Thursday, June 13th 2019. The company issued 5,300,000 shares at a price of $18.00-$20.00 per share.
Is Fiverr international's stock overvalued or undervalued?
The P/E ratio of Fiverr International is -56.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Fiverr International has a P/B Ratio of 7.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Is Fiverr stock a buy in 2021?
Fiverr stock has risen sharply since the IPO. Fiverr went public in 2019 and priced the IPO at $21 per share. The stock surged 90 percent on listing day and continued to rise in 2020 amid the rally in tech and growth names. However, the stock has fallen in 2021.
Why did fiverr stock go down?
Fiverr International has seen dramatic sell-offs over the last year as sales growth has slowed and investors have moved out of stocks with highly forward-looking valuations. The stock trades down roughly 75.5% from the high that it hit last February.
Is FVRR buy or sell?
The consensus among 6 Wall Street analysts covering (NYSE: FVRR) stock is to Buy FVRR stock.
Is fiverr a buy now?
Once A Bubble Stock, Fiverr Is Now A Buy.
What is happening with Fiverr?
Shares of freelancing platform Fiverr (FVRR -2.91%) finished the day down 9.8% after reporting a strong finish to 2021 but issuing preliminary guidance for 2022 that disappointed some investors. Few have wanted to touch this stock after it exploded higher in 2020.
What is the forecast for FVRR?
Fiverr International Ltd (NYSE:FVRR) The 9 analysts offering 12-month price forecasts for Fiverr International Ltd have a median target of 44.00, with a high estimate of 55.00 and a low estimate of 31.00. The median estimate represents a +16.09% increase from the last price of 37.90.
Is FVRR overvalued?
Fiverr International - Hold Valuation metrics show that Fiverr International may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of FVRR, demonstrate its potential to underperform the market.
Will fiverr ever recover?
Industry Overview. Fiverr is an online marketplace for freelancers, and the industry that it operates in is set to grow rapidly over the coming years. The global freelancing market is expected to grow at a 15.3% CAGR from 2021 to 2026.
Will fiverr recover?
That's due to its huge expansion efforts, but it's likely become profitable as it scales. There's definitely risk involved, but Fiverr stock should rebound in 2022 and offer gains for investors.
Is Fiverr International a buy right now?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fiverr International in the last year. There are currently 3 hold ratings...
When is Fiverr International's next earnings date?
Fiverr International is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for...
How were Fiverr International's earnings last quarter?
Fiverr International Ltd. (NYSE:FVRR) released its quarterly earnings results on Wednesday, May, 11th. The company reported $0.11 earnings per shar...
What guidance has Fiverr International issued on next quarter's earnings?
Fiverr International issued an update on its second quarter 2022 earnings guidance on Wednesday, May, 25th. The company provided earnings per share...
What price target have analysts set for FVRR?
7 analysts have issued 1-year price objectives for Fiverr International's stock. Their forecasts range from $32.00 to $257.00. On average, they exp...
Who are Fiverr International's key executives?
Fiverr International's management team includes the following people: Mr. Micha Kaufman , Co-Founder, CEO & Chairman Mr. Ofer Katz , Pres & CFO...
What is Micha Kaufman's approval rating as Fiverr International's CEO?
109 employees have rated Fiverr International CEO Micha Kaufman on Glassdoor.com . Micha Kaufman has an approval rating of 98% among Fiverr Intern...
Who are some of Fiverr International's key competitors?
Some companies that are related to Fiverr International include Lyft (LYFT) , HealthEquity (HQY) , Worldline (WWLNF) , TriNet Group (TNET) , E...
What other stocks do shareholders of Fiverr International own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Fiverr International investors own include NVIDIA (NVDA) ,...
The second quarter was great, but guidance left a lot to be desired for investors
What happened
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
So what
Shares of online marketplace for freelancers Fiverr ( NYSE:FVRR) dropped as much as 24.8% in trading on Thursday after reporting second-quarter 2021 financial results. Shares are down 23.2% at 1:45 p.m. EDT.
Now what
Results for the quarter were downright outstanding. Revenue jumped 60% compared to a year ago to $75.3 million, gross margin was an incredible 83.4%, and non-generally accepted accounting principles (GAAP) net income was $7.9 million, or $0.19 per share. Analysts were expecting revenue of $74.8 million and earnings of $0.14 per share.
What is the FVRR symbol?
This is a short-term hit to Fiverr, and it makes sense the stock is down big given the fact the company has a market cap of $6.3 billion and expects revenue of just $280 million to $288 million this year. That's a lofty price-to-sales ratio of 22 times at the midpoint of revenue guidance, which is a concern if revenue growth has stalled out.
When is Fiverr earnings call?
Fiverr International trades on the New York Stock Exchange (NYSE) under the ticker symbol "FVRR."
What is Fiverr International?
Fiverr International will be holding an earnings conference call on Thursday, August 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10157464".
How much does Fiverr make?
Fiverr International Ltd. develops an e-commerce platform that allows the people to buy and sell digital services. It operates through the following geographical segments: U.S., Europe, Asia Pacific, Rest of the World, and Israel. The firm offers digital marketing, graphics and design, video and animation, writing and translation, and music and audio. The company was founded by Micha Kaufman and Shai Wininger in 2009 and is headquartered in Tel Aviv, Israel.
What is Fiverr's 2021 earnings?
Fiverr International has a market capitalization of $8.63 billion and generates $189.51 million in revenue each year. The company earns $-14,810,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.
What is the P/E ratio of Fiverr?
Fiverr International issued an update on its FY 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $302 million-$308 million, compared to the consensus revenue estimate of $288.70 million.
Where is Fiverr located?
The P/E ratio of Fiverr International is -99.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Investors fled as the stock received a downgrade
Fiverr International's mailing address is 8 ELIEZER KAPLAN STREET, TEL AVIV L3, 6473409. The company can be reached via phone at 972722280910 or via email at [email protected].
What happened
Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie
So what
Shares of Fiverr International ( NYSE:FVRR) tumbled today after an analyst at UBS downgraded the company's stock from neutral to sell.
Now what
UBS analyst Eric Sheridan said in an investor note that Fiverr is "emblematic of a market that values growth over any semblance of valuation that can be justified." And while he downgraded the stock, he increased its price target to $190, up from the previous $148.
When did Fiverr go public?
Fiverr's stock price soared in 2020 as more people looked for work on the company's freelancing platform during the pandemic. Even after today's share price drop, the company's stock has still gained a mind-blowing 785% over the past 12 months.
What is the revenue growth rate for Fiverr in 2021?
Fiverr went public in 2019 and priced the IPO at $21 per share. The stock surged 90 percent on listing day and continued to rise in 2020 amid the rally in tech and growth names. However, the stock has fallen in 2021.
What is Fiverr 2020?
In fiscal 2021, the company expects to post revenue growth of between 48 percent and 52 percent. In the earnings call for the first quarter of 2021, Fiverr said that it expects its revenues to rise between 59 percent and 63 percent in the year.
Is there a sell off in growth names?
Fiverr is an online marketplace for freelancers. The demand for its services spiked in 2020 amid the COVID-19 pandemic. It was among the companies that benefited from changed consumer and corporate behavior amid the pandemic.
Fiverr International Ltd. (FVRR) Company Bio
There has been a sell-off in growth names, especially the growth names that saw a bump in their top line in 2020. The demand surge in 2020 isn't sustainable for a lot of companies and Fiverr’s earnings release only underlined the fact.
Upwork: Building The World's Work Marketplace
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them.
Why did Fiverr stock go up today? Earnings and guidance were ahead of expectations
Upwork (NASDAQ:UPWK) is the world's largest marketplace connecting freelancers and remote workers with businesses who need specialised talent. Since their IPO in October 2018, Upwork has reported consistent 20%+ top-line growth driven by: (1) increasing digitisation of recruitment services, (2) the hiring of Hayden Brown as CEO who brings a...
How much will Fiverr make in 2022?
Fiverr International (FVRR +6.4%) soared after the company reported Q4 revenue and EPS ahead of estimates. Active buyers increased 24% during the quarter to 4.2M and spend per buyer rose 18% to $242. Adjusted EBITDA came in at $8.88M vs. $6.7M consensus and $4.6M a year ago. FIVRR's take rate...
Why use high volume days?
Looking at analysts estimates before the release it appears that the 8 analysts following Fiverr, expected revenue to hit US$308m by 2022, while the company stays unprofitable.
Is Fiverr a good company?
Marginal investors might use high volume days to sell of stocks that are losing short term steam and let the market blame management when actually the company is delivering double-digit growth.
Is Upwork a competitor to Fiverr?
Fiverr is a young, growing and risky company. The Fiverr we know today will not be the same company 5 years from now, and there is little doubt that they have a solid future ahead.
When is it better to place a large sell order?
A good place to start is to look at Fiverr's main competitor, Upwork ( NASDAQ:UPWK ), whose price also saw a 9.5% drop today. Upwork's stock has been in a general downtrend since June 2021, and their earnings report was on the 29th July 2021.
Is Fiverr overvalued?
It is usually the case that earnings dates are high volume days, and when placing a large sell order it is better to do it when there are more participants who are buying - that way the price drops less, and the seller brings in more profit.
