Fiverr International (FVRR) AI Stock Analysis

• Market Cap: $756.46M
• Dividend Yield: N/A
• Average Volume (3M): 794.48K
• Price to Earnings (P/E): 35.0
• Beta (1Y): 1.08
• Revenue Growth: 12.68%
• EPS Growth: 133.00%
• Country: US
• Employees: 762
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 0.77
• Shares Outstanding: 36,864,433
• 10 Day Avg. Volume: 737,387
• 30 Day Avg. Volume: 794,484
• PEG Ratio: 0.16
• Price to Book (P/B): 3.24
• Price to Sales (P/S): 3.00
• P/FCF Ratio: 14.35
• Enterprise Value/Market Cap: 0.82
• Enterprise Value/Revenue: 1.45
• Enterprise Value/Gross Profit: 1.79
• Enterprise Value/Ebitda: 15.53
• 1Y Price Target: $30.56
• Price Target Upside: 46.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 2.77
• Revenue Forecast (FY): $432.78M

• Rating: 63 Neutral
• Price Target: $21.50 ▲(2.72% Upside)

Fiverr's overall stock score reflects a mix of strong financial performance and strategic growth initiatives, tempered by technical indicators suggesting bearish momentum and valuation concerns. The company's focus on AI and operational efficiencies is promising, but macroeconomic uncertainties and high leverage pose risks.

Positive Factors

AI-Related Services Growth

Growth in AI-related services positions Fiverr to capitalize on emerging tech trends, enhancing its competitive edge and market relevance.

Strong Cash Flow

Robust cash flow supports operational flexibility and strategic investments, underpinning long-term business sustainability.

Service Revenue Expansion

Significant growth in service revenue diversifies income streams and reduces reliance on marketplace revenue, enhancing business resilience.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk, potentially affecting long-term financial stability if not managed.

Macro Environment Uncertainty

Economic uncertainties can impact demand and revenue, posing challenges to growth and strategic planning in the medium term.

Challenges in SMB Demand

Weak SMB demand may hinder revenue growth, as small businesses are a key customer segment for Fiverr's services.

Fiverr International Business Overview & Revenue Model

Company Description

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 550 categories in nine verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, data, and lifestyle. It also offers Fiverr Workspace, which provides freelancers a software solution to manage invoicing, contracts, time tracking, and organizing workflow; Fiverr Learn and CreativeLive that offers learning and development offerings for freelancers; ClearVoice, a subscription based content marketing platform; and Stoke Talent, a freelancer management system. In addition, the company provides back office and creative talent platforms. Its buyers include businesses of various sizes, as well as sellers comprise a group of freelancers and small businesses. The company was incorporated in 2010 and is headquartered in Tel Aviv-Yafo, Israel.

How the Company Makes Money

Fiverr generates revenue primarily through transaction fees charged on each service sold through its platform. When a freelancer completes a gig, Fiverr takes a percentage of the sale, typically ranging from 5% to 20%, depending on the total order value. Additionally, the company offers premium services like Fiverr Pro, which features vetted professionals for higher-quality work, and Fiverr Business, tailored for teams and companies, which comes with subscription fees. Strategic partnerships with other platforms and integrations further enhance its offerings, while increased user engagement and a growing number of freelancers contribute to additional revenue growth.

Fiverr International Financial Statement Overview

Summary

Fiverr International demonstrates solid financial health with strong cash flow and improving profitability. While revenue growth has slowed, the company maintains high gross margins. The balance sheet shows high leverage, which could be a concern if not managed properly. Overall, the company is on a positive trajectory but should focus on improving operational efficiency to enhance EBIT margins.

Income Statement

Fiverr International shows a strong gross profit margin consistently above 80%, indicating efficient cost management. The net profit margin has improved significantly from negative to positive, reflecting better profitability. Revenue growth is steady, albeit slower compared to earlier years, suggesting a maturing business. However, negative EBIT margins in recent periods highlight ongoing operational challenges.

Balance Sheet

The company's debt-to-equity ratio has improved but remains relatively high, indicating significant leverage. Return on equity has turned positive, showing improved profitability. The equity ratio is stable, suggesting a balanced asset structure. However, the high leverage could pose risks if not managed carefully.

Cash Flow

Fiverr's free cash flow has grown significantly, indicating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting efficient cash conversion. The free cash flow to net income ratio is close to 1, reflecting effective cash management. Overall, cash flow metrics are robust and show positive trends.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	427.40M	391.48M	361.38M	337.37M	297.66M	189.51M
Gross Profit	345.77M	320.92M	299.53M	271.42M	245.94M	156.32M
EBITDA	39.89M	24.92M	13.58M	-51.81M	-37.81M	-6.24M
Net Income	22.36M	18.25M	3.68M	-71.49M	-65.01M	-14.81M
Balance Sheet
Total Assets	1.14B	1.07B	1.02B	923.80M	931.57M	861.20M
Cash, Cash Equivalents and Short-Term Investments	752.97M	567.26M	417.37M	462.05M	323.30M	487.40M
Total Debt	463.56M	463.21M	462.36M	462.17M	387.88M	371.91M
Total Liabilities	736.99M	707.32M	667.83M	658.07M	584.70M	515.80M
Stockholders Equity	398.65M	362.65M	355.77M	265.73M	346.87M	345.40M
Cash Flow
Free Cash Flow	113.78M	81.77M	82.07M	27.74M	35.46M	13.10M
Operating Cash Flow	116.53M	83.07M	83.19M	30.11M	38.04M	17.14M
Investing Cash Flow	329.11M	-28.82M	9.78M	-14.62M	-229.47M	-326.36M
Financing Cash Flow	-26.10M	-104.22M	2.85M	-1.64M	-2.40M	551.81M

Fiverr International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.93
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FVRR, the sentiment is Negative. The current price of 20.93 is below the 20-day moving average (MA) of 21.12, below the 50-day MA of 22.68, and below the 200-day MA of 25.71, indicating a bearish trend. The MACD of -0.67 indicates Positive momentum. The RSI at 42.62 is Neutral, neither overbought nor oversold. The STOCH value of 32.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FVRR.

Fiverr International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVER	73 Outperform	$948.88M	18.44	36.81%	―	57.83%	293.63%
YELP	70 Outperform	$1.79B	12.81	20.37%	―	5.35%	33.74%
SSTK	64 Neutral	$739.53M	12.45	10.76%	6.02%	13.06%	66.19%
FVRR	63 Neutral	$756.46M	35.01	6.18%	―	12.68%	133.00%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
ANGI	58 Neutral	$492.78M	15.50	3.42%	―	-13.14%	17.25%
NXDR	51 Neutral	$686.19M	―	-14.07%	―	6.65%	50.32%

Fiverr International Corporate Events

Fiverr Reports Strong Q3 2025 Financial Results Driven by AI and Service Expansion

On November 5, 2025, Fiverr International Ltd. announced its financial results for the third quarter of 2025, highlighting strong performance with revenue reaching $107.9 million, an 8.3% increase from the previous year. The company reported its highest-ever Adjusted EBITDA and margin, driven by growth in AI, upmarket services, and value-added offerings. Despite a decline in marketplace revenue and active buyers, Fiverr saw significant growth in services revenue and annual spend per buyer. The company is positioning itself for continued success in 2026 by investing in AI and expanding its service portfolio.

Fiverr’s Annual General Meeting Approves All Proposals

On September 17, 2025, Fiverr International Ltd. held its Annual General Meeting of Shareholders at its headquarters in Tel Aviv, Israel. During the meeting, all proposals presented to the shareholders were approved, reflecting strong support for the company’s strategic directions and governance, which may positively impact its operations and stakeholder confidence.

Fiverr Announces Workforce Reduction and AI Transformation

On September 15, 2025, Fiverr International Ltd. announced a significant restructuring plan aimed at transforming the company into an AI-first organization. This involves reducing its workforce by approximately 250 employees to streamline operations and enhance productivity. The company plans to reinvest savings from this reduction into business operations and anticipates achieving its long-term Adjusted EBITDA margin target of 25% by 2026, a year earlier than planned. This transformation is expected to position Fiverr more competitively in the market by leveraging AI to improve efficiency and expand its service offerings.

Fiverr International Announces Annual General Meeting for September 2025

Fiverr International Ltd. announced its upcoming Annual General Meeting of Shareholders scheduled for September 17, 2025, in Tel Aviv, Israel. The meeting will cover the re-election of directors and the re-appointment of the company’s independent accounting firm. Shareholders are encouraged to vote on these proposals either in person or by proxy, ensuring their shares are represented at the meeting. This event is significant for stakeholders as it involves decisions on leadership and financial oversight, impacting the company’s governance and operational strategies.