How to Buy Fiverr Stock
Fiverr International Ltd
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them.
Fiverr stock last closed at $19.82, down 1.44% from the previous day, and has decreased 44.65% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.71 percentage points. Fiverr stock is currently +5.26% from its 52-week low of $18.83, and -46.69% from its 52-week high of $37.18.
As of Apr 18, 2024, there are 38.5M FVRR shares outstanding. The market capitalization of FVRR is $763.09M. In the past 24 hours, 576,632 FVRR shares were traded.
How to Buy Fiverr Stock
Not sure how to invest in Fiverr stock? Here's how.
- Figure out where to buy Fiverr stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Fiverr stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Fiverr stock: The Fiverr ticker symbol is FVRR. Is Fiverr stock a good investment? Should you buy shares of FVRR? How do FVRR's underlying business fundamentals look? Do top analysts think Fiverr is a good buy? Why has FVRR's stock price moved recently? (Hint: Our stock market research tools can help you decide if FVRR is a good stock to buy).
- Make your FVRR trade: Decide if you will purchase FVRR shares at the current market price or use a limit order to buy FVRR shares at a particular price.
- Get the latest news on your FVRR position: Create a watchlist to keep tabs on your new investment in Fiverr stock.
Step 1: Figure out where to buy Fiverr stock
You will need a brokerage account to access the NYSE market and buy FVRR shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can invest in FVRR stock today.
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Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock trading app, you need to deposit funds:
Watch the tutorial below to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Fiverr stock
After you have decided on the best place to buy Fiverr stock, it's very important to analyze their stock before you buy, so you can wrap your head around the risk and opportunity.
Overview of key FVRR info
FVRR Overview
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on FVRR's stock page.
Is FVRR stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge FVRR's intrinsic value.
Using relative valuations measures:
- FVRR could be overvalued based on its P/E ratio of 198.2x, relative to Internet Content & Information industry P/E ratio of 19.9x
- FVRR may be undervalued based on its P/B ratio of 2.14x, relative to Internet Content & Information industry P/B ratio of 6.5x
- FVRR could be undervalued based on its PEG ratio of 0.86x
You can access additional valuation analysis on FVRR's stock here.
A look at FVRR Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- FVRR profit margin has gone up from -21.2% to 1% in the past year.
- There are more short-term assets than long-term liabilities on the FVRR balance sheet.
- There are more short-term assets than short-term liabilities on the FVRR balance sheet.
- FVRR earnings of -$15.11M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- FVRR's operating cash flow of $83.19M allows it to safely service it's debt of $462.36M.
- FVRR has a relatively high debt to equity ratio of 1.88.
- Total FVRR debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Fiverr stock
Out of 8 Wall Street analysts who give forecasts on FVRR, the consensus analyst rating on FVRR is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent FVRR Analyst Ratings
Matt Farrell, a top 23% analyst from Piper Sandler downgrades FVRR to a hold rating and lowers their FVRR price target from $30.00 to $25.00, on Feb 22, 2024.
Piper Sandler's Matt Farrell downgraded their rating on Fiverr (NYSE: FVRR) from Strong Buy to Hold on 2024/02/22. The analyst also lowered their price target by 16.7% from $30 to $25.
After taking in Fiverr's Q4 and FY 2023 earnings, reported on 2024/02/22, Farrell said they downgraded the stock and cut their price target because "management's FY 2024 revenue guidance was much less than we expected."
Acknowledging that Piper Sandler "continues to believe the stock represents a long-term opportunity," and noting "that the company is benefiting from growth in complex services," the analyst nevertheless cautioned that "the declines in simple services are concerning to us."
Those challenges will remain a headwind in the coming quarters without improvement in the macro backdrop, Farrell predicted.
Earnings Report
Fiverr reported:
For Q4 2023:
- EPS of $0.56, which beat the Zacks Consensus Estimate of $0.52 and, by 115.4%, Q4 2022's $0.26.
- Revenue of $91.5M, which missed the Zacks Consensus Estimate by 0.95% but beat Q4 20225's $83.13M by 10%.
- Adjusted EBITDA of $16.1M, up 71.3% from Q4 2022's $9.4M.
For FY 2023:
- EPS of $1.95, up 174.6% from FY 2022's $0.71.
- Revenue of $361.4M, up 7.1% from FY 2022's $337.4M
- Adjusted EBITDA of $59.2M, up 142.6% from FY 2022's $24.4M.
Management guided:
For Q1 2024:
- Revenue of $91.5M to $93.5M (4% to 6% growth).
- Adjusted EBITDA of $12.5M to $14.5M.
For FY 2024:
- Revenue of $379M to $387M (54% to 7% growth).
- Adjusted EBITDA of $65M to $73M.
Founder & CEO Micha Kaufman commented: “We are pleased to deliver strong results for 2023 with both revenue and Adjusted EBITDA ahead of our targets set at the beginning of the year.
"In the face of an uncertain macro environment, we continue to lead through innovation.
"Our latest Winter Product Release announced on 2024/01/30 is jam-packed with new products and features, with AI integrated across the platform.
“We entered 2024 with great confidence that we will continue to deliver profitable growth, expand our market share in the digital services industry, and create long-lasting values for both our community and our shareholders.”
President & CFO Ofer Katz added: “For 2023, we successfully executed our strategy of strengthening core marketplace, moving upmarket and investing in AI, while diligently managing our expenses.
"When top-of-funnel acquisition is expensive, we leaned inward by maintaining strong marketing efficiency, generating more revenue from repeat business, and continuing to expand our wallet share with our customers.
"We more than doubled our Adjusted EBITDA margin in 2023 and achieved annual GAAP profitability for the first time in our history.
"For 2024, we expect to accelerate our GMV growth with sustainable take rate, and continue to make steady pace in improving our bottom line.”
Andrew Boone, a top 5% analyst from JMP Securities reiterates FVRR with a buy rating and maintains their FVRR price target from $40.00 to $40.00, on Jan 30, 2024.
Eric Sheridan, a top 1% analyst from Goldman Sachs upgrades FVRR to a strong buy rating and announces their FVRR price target of $43.00, on Jan 19, 2024.
You can dig deeper into what analysts are projecting on the Fiverr stock forecast page.
FVRR Trading Indicators
FVRR Growth Numbers
Last year, FVRR revenue was $361.38M. In the last 5 year, FVRR's revenue has grown by 36.77% per year. This was faster than the Internet Content & Information industry average of 19.63%.
Dig into FVRR's earnings and revenue performance here.
Are FVRR insiders buying or selling the stock?
In the past year, executives and large shareholders at FVRR have not bought or sold any shares.
Research more about who owns FVRR shares here.
Can I rely on FVRR as an income stream?
No, Fiverr doesn't provide an income stream by paying out dividends.
What others are saying about FVRR
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Step 5: Make your FVRR trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will place the order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your FVRR position
Now that you own some FVRR stock, you'll want to stay up-to-date on your company.
Make a watchlist to get the latest updates about your FVRR stock.
FVRR Feed
How to Buy Stock in Fiverr
To summarize, here are the 6 steps to buy stock in Fiverr:
- Figure out where to buy Fiverr stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Evaluate Fiverr stock
- Make your FVRR trade
- Get the latest news on your FVRR position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Fiverr, create your watchlist below.
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