Fiverr price target lowered to $16 from $28 at RBC Capital

RBC Capital lowered the firm’s price target on Fiverr (FVRR) to $16 from $28 and keeps a Sector Perform rating on the shares. The company’s Q4 report was mixed with 2026 seen as a transition year and likely to be read by investors as evidence of the AI bear case playing out, the analyst tells investors in a research note. Given the downdraft of AI in the market right now, the business needs to show net benefits of the more complex categories offsetting the simpler/disrupted ones before the multiple can fully stabilize or return to expansion, the firm adds.