BTIG analyst Marvin Fong maintained a Buy rating on Fiverr International (FVRR – Research Report) yesterday and set a price target of $30.00. The company’s shares closed yesterday at $23.31.
Fong covers the Consumer Cyclical sector, focusing on stocks such as Etsy, Mercadolibre, and Beyond Inc. According to TipRanks, Fong has an average return of -10.4% and a 35.74% success rate on recommended stocks.
Currently, the analyst consensus on Fiverr International is a Moderate Buy with an average price target of $31.56, which is a 35.39% upside from current levels. In a report released on February 23, Roth MKM also maintained a Buy rating on the stock with a $29.00 price target.
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FVRR market cap is currently $889.2M and has a P/E ratio of 247.98.
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Fiverr International (FVRR) Company Description:
Fiverr International Ltd. develops an e-commerce platform that allows the people to buy and sell digital services. It operates through the following geographical segments: U.S., Europe, Asia Pacific, Rest of the World, and Israel. The firm offers digital marketing, graphics and design, video and animation, writing and translation, and music and audio. The company was founded by Micha Kaufman and Shai Wininger in 2009 and is headquartered in Tel Aviv, Israel.
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