The pessimistic scenario is, that the price keeps falling because the companies were too risky and overvalued to begin with. Conclusion 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.
Full Answer
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.
How did FVRR raise $101 million in an IPO?
(FVRR) raised $101 million in an IPO on Thursday, June 13th 2019. The company issued 5,300,000 shares at $18.00-$20.00 per share. J.P. Morgan Securities and Citigroup acted as the underwriters for the IPO and BofA Merrill Lynch, UBS Securities, JMP Securities, Needham & Company, Oppenheimer and UBS Securities were co-managers.
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?
Should you buy the Fiverr stock that fell 50%?
Fiverr's business could continue expanding and become the de facto method for connecting work and talent. There is no doubt it's a stronger business now than it was in 2019. But based on the numbers, its stock could still fall 50% if it were valued like it was back then.
Why is Fiverr stock going 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.
What's going on with Fiverr?
Fiverr stock has fallen 54% from its all-time high set in mid-February. Fiverr's revenue soared 68% over the past year, but its net loss has widened. The freelance platform market is expected to grow at 15% per year through 2026.
Is Fiverr stock a buy now?
Once A Bubble Stock, Fiverr Is Now A Buy.
Is Fiverr a good long term buy?
In 2018 and 2019, revenues grew by 44.89 and 41.81%, respectively. We expect the company to be able to maintain strong long-term growth. The market potential is huge, and all of the company's key operational metrics, including the number of active buyers, spend per buyer, and take rate, are growing.
Is Fiverr going out of business?
Despite being considered a "pandemic stock," this company still has lots of potential growth. Shares of Fiverr (FVRR 1.96%) have not done well in 2021, sinking 42% year to date and 66% off their all-time highs.
Should I sell my Fiverr stock?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fiverr International in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Fiverr International stock.
Is Fiverr undervalued?
Most analysts agree that Fiverr stock is not undervalued – and if anything, it might be overvalued.
Will Fiverr stock rebound?
Fiverr's still posting losses, which expanded in the third quarter year over year. 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 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 a strong buy?
On average, Wall Street analysts predict that Fiverr's share price could reach $79.33 by May 12, 2023. The average Fiverr stock price prediction forecasts a potential upside of 81.75% from the current FVRR share price of $43.65.
Should I buy or sell Fiverr International stock right now?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fiverr International in the last twelve months. There are currently 3 hold...
What is Fiverr International's stock price forecast for 2022?
7 brokers have issued 1-year target prices for Fiverr International's shares. Their FVRR stock forecasts range from $32.00 to $257.00. On average,...
How has Fiverr International's stock performed in 2022?
Fiverr International's stock was trading at $113.70 on January 1st, 2022. Since then, FVRR stock has decreased by 66.7% and is now trading at $37.9...
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) announced its earnings results on Wednesday, May, 11th. The company reported $0.11 earnings per share (EPS) f...
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, June, 8th. The company provided earnings per share...
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) , ExlService (EXLS) , Jus...
What happened
Fiverr International ( FVRR -9.90% ) just pulled its stock offering, and investors don't seem to like what that might imply. Meanwhile, the online marketplace for freelance services just won a stock upgrade on Wall Street, but one that comes with a surprisingly lower price target. At 3 p.m. EST on Thursday, Fiverr stock was down 7.3%.
So what
Fiverr investors got a couple of pieces of news today. The less significant one came this morning, when analysts at MKM Partners announced they are upgrading Fiverr shares from sell to neutral. Fiverr's business has seen employers spending more on ads to hire freelancers, and more freelancers are accepting the jobs offered.
NYSE: FVRR
And just this morning, Fiverr announced it is withdrawing its planned stock offering, announced Tuesday, which would have raised anywhere from $700 million to $805 million in new cash for the company to use to fund its growth plans.
Now what
And that may be the worst news of all for investors. If Fiverr can't find enough new investors willing to pay 615 times projected 2022 earnings for Fiverr stock this week, maybe that valuation is as overpriced as it sounds.
NYSE: FVRR
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
So-called COVID stocks are being rerated by Wall Street. And these charts show why that could be bad news for Fiverr shareholders
For much of 2020, investors bid shares of companies that benefited from COVID to lofty valuations. The ability to work from anywhere, coupled with the inability to take part in normal social gatherings, created a sense that the world had forever changed.
A huge fall but not back down to earth
The stock price has collapsed 75% from its highs early last year. Although that's a tough pill to swallow for those who bought in 2021, it is still up by almost 250% since the beginning of 2020.
Getting back to normal
Looking at the number of active annual buyers on the company's platform, it's clear that COVID significantly accelerated the business. Quarter-over-quarter growth was double digits from April 2020 through March 2021. It has since returned to a pre-pandemic rate.
Investors are giving where it's due
A company with a collapsing stock price and key growth metrics that are still expanding is a good place to look for bargains. But Fiverr may not be on sale yet.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
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.
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
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".
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.
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.
Investors fled as the stock received a downgrade
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
What happened
Shares of Fiverr International ( NYSE:FVRR) tumbled today after an analyst at UBS downgraded the company's stock from neutral to sell.
So 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.
Now what
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.
