Fiverr International (FVRR) AI Stock Analysis

• Market Cap: $757.93M
• Dividend Yield: N/A
• Average Volume (3M): 693.67K
• Price to Earnings (P/E): 34.1
• Beta (1Y): 1.05
• 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: 949,330
• 30 Day Avg. Volume: 693,674
• 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: 28.36
• 1Y Price Target: $30.56
• Price Target Upside: 52.95% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 2.73
• Revenue Forecast (FY): $432.95M

• Rating: 66 Neutral
• Price Target: $23.50 ▲(17.62% Upside)

Fiverr's overall stock score reflects strong financial performance and positive earnings call highlights, particularly in AI-related growth areas. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. Macroeconomic uncertainties and challenges in SMB demand also pose risks, but strategic initiatives and strong cash flow provide a solid foundation for future growth.

Positive Factors

AI-Driven Growth

Fiverr's focus on AI-related services is driving growth, positioning the company to capture emerging market opportunities and enhance its competitive edge.

Strong Cash Flow

Robust cash flow growth enhances Fiverr's ability to invest in strategic initiatives, ensuring long-term operational flexibility and financial health.

Service Revenue Growth

Strong growth in services revenue indicates successful expansion of Fiverr's offerings, contributing to a more diversified and resilient revenue stream.

Negative Factors

Decline in Active Buyers

A decline in active buyers could signal challenges in user retention and market saturation, potentially impacting future revenue growth.

Macro Environment Uncertainty

Ongoing macroeconomic uncertainties may hinder Fiverr's growth prospects, affecting demand and operational performance in the near to medium term.

Challenges in SMB Demand

Weakness in SMB demand could limit Fiverr's growth potential, as small and medium businesses are a key customer segment for its 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 impressive revenue growth and improved profitability, transitioning from losses to profitability over several years. While EBIT margins are still negative, the company shows strong gross and net profit margins. The balance sheet indicates a stable equity base with manageable leverage. Cash flow performance is strong, with a significant increase in free cash flow, supporting operational flexibility and strategic investments.

Income Statement

Fiverr International has shown strong revenue growth, with an increase from $297.7M in 2021 to $419.1M in TTM (Trailing-Twelve-Months). Gross profit margins are robust, consistently above 80%. Net profit margin improved significantly from negative values in previous years to 4.3% in TTM, indicating better cost management and profitability. However, EBIT margins remain negative, highlighting ongoing operational challenges.

Balance Sheet

The company maintains a solid equity position with an improving equity ratio of 35.6% in TTM. The debt-to-equity ratio is manageable at 1.14, showing relatively stable leverage. Return on Equity (ROE) has improved, turning positive to 4.5% in TTM, reflecting enhanced profitability and efficiency in using shareholders' equity.

Cash Flow

Fiverr's cash flow position is strong, with significant growth in free cash flow from $13.1M in 2020 to $91.7M in TTM. Operating cash flow to net income ratio stands at 5.2 in TTM, indicating effective cash generation relative to profit levels. The free cash flow to net income ratio is robust, further highlighting strong cash flow management.

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	21.85M	25.06M	13.77M	-57.60M	-37.81M	-5.87M
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	463.73M	387.88M	373.80M
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: 19.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 19.98 is below the 20-day moving average (MA) of 22.40, below the 50-day MA of 23.42, and below the 200-day MA of 26.42, indicating a bearish trend. The MACD of -0.66 indicates Positive momentum. The RSI at 30.34 is Neutral, neither overbought nor oversold. The STOCH value of 3.90 is Positive, 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
YELP	76 Outperform	$1.98B	14.55	20.13%	―	5.37%	13.08%
SSTK	74 Outperform	$769.79M	12.03	10.76%	5.87%	13.06%	66.19%
EVER	73 Outperform	$886.53M	17.46	36.81%	―	57.83%	293.63%
FVRR	66 Neutral	$757.93M	34.08	6.18%	―	12.68%	133.00%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
ANGI	58 Neutral	$570.68M	16.08	3.42%	―	-13.14%	17.25%
NXDR	46 Neutral	$665.95M	―	-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.