Fiverr International

FVRR · NYSE

$8.55−$0.05 (−0.58%)TodayMarket closed · Oct 20, 7:31 PM ET

Prev close $8.60

FVRR analyst rating

HoldConsensus of 9 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold9
Underperform0
Sell0

12-month price target · 9 analysts

Average $14.53 (+70.0% upside)

Low: $9.09
Now: $8.55
High: $33.60

Upgrades and downgrades

The latest rating actions, newest first

FVRR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 15, 2026	Maintains	Neutral	$11.00 → $10.00	68%
UBS	Jul 30, 2026	Maintains	Neutral	$13.00 → $10.00	51%
Citigroup	Jul 30, 2026	Maintains	Neutral	$15.00 → $11.50	56%
Goldman Sachs	Jul 30, 2026	Downgrade	Buy → Neutral	$26.00 → $13.00	55%
RBC Capital	Jul 30, 2026	Maintains	Sector Perform	$16.00 → $9.00	54%
Scotiabank	Jul 30, 2026	Downgrade	Sector Outperform → Sector Perform	$10.00	55%
Oppenheimer	Jul 30, 2026	Downgrade	Outperform → Perform	—	62%
BTIG	Mar 2, 2026	Downgrade	Buy → Neutral	—	45%
UBS	Feb 19, 2026	Maintains	Neutral	$25.00 → $13.00	51%
Citigroup	Feb 19, 2026	Downgrade	Buy → Neutral	$33.00 → $15.00	56%

The case for and against

Updated Aug 11, 2026

Bull case

Fiverr Intl is facing increasing challenges from AI and its impact on the demand for low-skill, simple tasks, which make up the majority of the company's revenue. The strategic pivot to focus on high-value, complex work is a necessary move, but it may take some time to see the full impact. Additionally, management's visibility into their own cost structure and the ROI of their layoffs raises some questions. However, the stock's discounted valuation and potential for growth from larger projects in the future make it a compelling investment opportunity.

Bear case

Fiverr Intl is currently facing significant headwinds due to the disruptive impact of AI on the low-value, low-complexity project work that makes up the majority of its GMV. Despite its solid fundamentals and free cash flow positive status, its revenue is likely to be down double-digits this year, leading to potential margin compression and reduced free cash flow generation. The company also faces challenges such as increased competition, higher operating costs, and a potential shift away from contingent/independent work. These factors, along with limited potential for multiple expansion due to the AI overhang, warrant a Neutral rating for the stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.