Fiverr

FVRR

Market cap $773M

Fiverr (FVRR) is undergoing a strategic up-market shift, focusing on high-quality talent and larger business projects despite AI-driven disruption. FVRR delivered strong Q3 results, with 8% revenue growth, record operating margins, and robust free cash flow, and the stock only trades at 9x FCF. The platform's up-market tools and AI talent base are driving higher spend per buyer and rapid growth in managed services and tech categories.

The mean of analysts' price targets for Fiverr (FVRR) points to a 42.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Fiverr has spent most of 2025 in a bear market, down more than 30% since the beginning of the year. The marketplace is still shrinking. KPIs are in negative territory overall, as the Spend Per Buyer growth is insufficient to offset the churn of Active Buyers, resulting in declining GMV. The management team initiated a company-wide restructuring in September, and still has $77.5 million under its buyback program, implying a buyback yield of approximately 10%.

The overall market may be up solidly this year, but some individual shares still look like bargains. Merck's evolving core franchise and new launches should help mitigate the risks facing its business.

Fiverr remains a "Buy" as it delivers double-digit revenue growth, driven by surging demand for AI-related freelance jobs and internal AI adoption. Fiverr boosted its FY25 adjusted EBITDA expectations, yet shares remain undervalued at single-digit EBITDA multiples. Pay attention to Fiverr's expansion into enterprise deals, new hourly contract options, and a restructuring plan focused on AI efficiency and tech upgrades.

Fiverr International Ltd. ( FVRR ) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST Company Participants Jinjin Qian - Executive Vice President of Strategic Finance Micha Kaufman - Co-Founder, CEO & Chairman of the Board Esti Levy Dadon Ofer Katz - President & CFO Conference Call Participants Jason Helfstein - Oppenheimer & Co. Inc., Research Division Douglas Anmuth - JPMorgan Chase & Co, Research Division Matthew Condon - Citizens JMP Securities, LLC, Research Division Joshua Chan - UBS Investment Bank, Research Division Marvin Fong - BTIG, LLC, Research Division Presentation Operator Thank you for standing by.

While the top- and bottom-line numbers for Fiverr (FVRR) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Fiverr International (NYSE: FVRR) reported Q3 2025 results on Nov.

Fiverr International (FVRR) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.7 per share. This compares to earnings of $0.64 per share a year ago.