JPMorgan raised the firm’s price target on Fiverr (FVRR) to $32 from $27 and keeps a Neutral rating on the shares. The company reported solid Q1 results and Q2 outlook, and raised the low end of its 2025 revenue and adjusted EBITDA guidance, the analyst tells investors in a research note. Th firm says that while the operating backdrop remains challenging, Fiverr is strategically investing in upmarket, complex services, and artificial intelligence to drive growth.
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Read More on FVRR:
- Fiverr International: Balancing Growth Opportunities and Market Challenges Amidst Macroeconomic Concerns
- Fiverr management to meet with Roth MKM
- Fiverr price target raised to $34 from $31 at Scotiabank
- Fiverr Reports Strong Q1 2025 Results, Raises Guidance
- Fiverr International’s Earnings Call Highlights Growth and Optimism
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