Fiverr Business, which caters to larger businesses, a bit like Upwork, already represents 5% of Fiverr's marketplace revenue. So what The main reason the stock is down heavily is that the company lowered guidance for the year after raising it in the previous quarter.
Full Answer
What is the price of Fiverr stock now?
Since then, FVRR stock has increased by 207.6% and is now trading at $83.54. View which stocks have been most impacted by COVID-19. Are investors shorting Fiverr International?
Is Fiverr undervalued or overvalued?
Based on my conservative model, Fiverr is undervalued. Fiverr ( NYSE: FVRR) was one of the highest high-fliers in the 2020/2021 growth stock frenzy. The stock flew too close to the sun peaking at 67 times sales and burned its wings.
Is Fiverr's growth story over?
Dismal stock-price performance aside, it's becoming increasingly clear that remote work has permanently altered the global workforce. Fiverr is capitalizing on the trend and enabling connections between millions of workers and businesses that need more flexibility in hiring. Slowdown or not, Fiverr's growth story remains intact.
What is Fiverr international's net margin and return on equity?
Fiverr International had a negative net margin of 19.57% and a negative trailing twelve-month return on equity of 9.25%. During the same period in the previous year, the company posted $0.01 EPS. View Fiverr International's earnings history. What guidance has Fiverr International issued on next quarter's earnings?
Why are Fiverr shares down?
Even so, the stock plummeted in morning trading as investors looked past the company's solid results and focused on the fact that management cut its 2022 revenue guidance. Fiverr's shares were down a staggering 25% as of 1:46 p.m. ET.
Will Fiverr stock recover?
From 2024-2026, I have forecast a recovery in revenue growth for Fiverr to between 18%-20%, although I believe it could grow at a much more substantial rate.
Is Fiverr a good stock to buy now?
Freelance platform Fiverr International (FVRR -4.17%) was an outstanding stock in 2020, gaining 730%. But that performance didn't continue into 2021, despite healthy growth and huge market opportunities. Fiverr's share price tanked 44% in 2021, and it's already sliding in 2022.
What has happened to Fiverr?
Shares of freelancing platform Fiverr (FVRR -2.47%) 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.
Does Fiverr have a future?
Fiverr is still seeing significant growth. Third-quarter revenue was up 42% year over year to $74.3 million. The number of active buyers jumped 33% to 4.1 million as spending per buyer rose 20% from last year, hitting $234 versus $195 in 2020.
Why is Fiverr not profitable?
Much of Fiverr's fall is due to a valuation correction and weakened sentiment toward growth stocks, not due to fundamentals. The company continues to grow revenue north of >40% y/y, with multiple drivers for continued growth in 2022 including gig expansion and focusing on upmarket buyers.
Is fiverr still good in 2022?
Fiverr is a good platform for freelancers and people looking to hire freelancers or outsource their work online. They have an impressive 4.7/5.0 Star Review on WebsitePlanet.
Is fiverr undervalued?
Fiverr has highly effective marketing as a lever to pull. By reducing market costs and increasing efficiencies in the other operating costs I believe that the company can become highly profitable. An industry growing at 15% annually gives Fiverr great tailwinds. Based on my conservative model, Fiverr is undervalued.
Is fiverr a buy or hold?
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.
Key Points
Revenue growth guidance of 25% to 27% wasn't enough to keep this stock afloat today.
NYSE: FVRR
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What happened
Shares of freelancing platform Fiverr ( FVRR -6.36% ) 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. Shares are now down nearly 80% from their all-time high reached early in 2021.
So what
Fiverr actually put up great numbers in the fourth quarter of 2021, posting full-year sales growth of 57%. It was also free cash flow positive when excluding the acquisition of fellow freelance work company Stoke Talent. Free cash flow was $36.3 million, up 142% from 2020 and good for a free cash flow profit margin of 12%.
Now what
Dismal stock-price performance aside, it's becoming increasingly clear that remote work has permanently altered the global workforce. Fiverr is capitalizing on the trend and enabling connections between millions of workers and businesses that need more flexibility in hiring. Slowdown or not, Fiverr's growth story remains intact.
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The second quarter was great, but guidance left a lot to be desired for investors
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
What happened
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.
So 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.
Now what
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.
Lowered guidance seemed to drag the work-from-home stock down, but the long-term thesis hasn't changed
In this video I will be covering Fiverr 's ( NYSE:FVRR) Q2 earnings report, which was outstanding, and discussing the main reason the stock crashed 24%. I believe Fiverr is a long-term hold and have covered it previously. Those willing to go through short-term pain will enjoy long-term gains. You can find the full video below.
Earnings highlights
Despite the stock's being down close to 25%, the company reported outstanding earnings. Revenue for the quarter was $75.3 million, up 60% year over year, active buyers reached 4 million, and spend per buyer is up 23% YOY to $226.
So what
The main reason the stock is down heavily is that the company lowered guidance for the year after raising it in the previous quarter.
What happened
Shares of freelancing platform Fiverr (NYSE: FVRR) 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. Shares are now down nearly 80% from their all-time high reached early in 2021.
So what
Fiverr actually put up great numbers in the fourth quarter of 2021, posting full-year sales growth of 57%. It was also free cash flow positive when excluding the acquisition of fellow freelance work company Stoke Talent. Free cash flow was $36.3 million, up 142% from 2020 and good for a free cash flow profit margin of 12%.
Now what
Dismal stock-price performance aside, it's becoming increasingly clear that remote work has permanently altered the global workforce. Fiverr is capitalizing on the trend and enabling connections between millions of workers and businesses that need more flexibility in hiring. Slowdown or not, Fiverr's growth story remains intact.
Key Points
Fiverr stock is losing ground after Shopify told investors that pandemic-driven tailwinds are evaporating.
What happened
Fiverr International ( NYSE:FVRR) stock is sinking again today. The gig-economy specialist's share price was down roughly 10.3% in the daily session as of 2:15 p.m. ET Wednesday. Meanwhile, the Nasdaq Composite index was down roughly 0.9%.
So what
Many growth-dependent tech stocks are seeing significant sell-offs in Wednesday's trading, but Shopify's Q4 report, guidance, and post-earnings pullback are likely the biggest catalysts in the sell-off for Fiverr stock.
Now what
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.
How much does Fiverr make?
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.
When is Fiverr earnings call?
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".
What is Fiverr's 2021 earnings?
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.
