Fiverr International Intrinsic Stock Value – Analyst Revises Positive Outlook on Fiverr Intl. with Higher Price Target

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Investors and market analysts have taken a positive outlook on Fiverr International ($NYSE:FVRR) (FVRR), one of the world’s largest online marketplaces for freelancers and professionals. Recently, an analyst from a leading financial firm has revised their price target and maintained a positive stance on the company. The company connects businesses with freelance professionals and facilitates the sale of digital services, such as web design, graphic design, writing services, and more. The platform also provides resources to help businesses find the best professionals. The analyst maintained a positive stance on the stock and believes that Fiverr International is well-positioned to capitalize on its existing customer base in the current market. The analyst also pointed out that the company’s growth is driven by its expanding customer base, which is expected to increase due to their commitment to providing high-quality services.

Additionally, the analyst noted that Fiverr International’s cash position has improved significantly over the last year, and they expect this trend to continue into the future. Overall, investors are encouraged by the analyst’s revised price target and positive outlook on Fiverr International. The company’s strong customer base and commitment to high-quality services have helped drive growth and create a positive outlook for thestock. With the analyst’s revised price target and positive stance, investors can rest assured that Fiverr International is well-positioned to capitalize on future growth opportunities.

Stock Price

Monday marked an interesting day for FIVERR INTERNATIONAL, as the stock opened at $21.6 and closed at the same price, only down 1.1% from its previous closing price of 21.8. This came in spite of a positive outlook on the company, as an analyst revised their target price upwards and reiterated a ‘buy’ rating on the stock. Additionally, they have recently identified several new opportunities to expand their services, which could further expand their market share and presence. With its promising opportunities, this analyst’s revised outlook provides investors with further reassurance that FIVERR INTERNATIONAL is on the right path of growth and success. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Fiverr International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Fiverr International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Fiverr International. More…

Key Ratios Snapshot

Some of the financial key ratios for Fiverr International are shown below. More…

Analysis – Fiverr International Intrinsic Stock Value

GoodWhale has conducted an in-depth analysis of the fundamentals of FIVERR INTERNATIONAL. Our proprietary Valuation Line indicates a fair market value of $123.5 per share. However, the current stock price for FIVERR INTERNATIONAL is at $21.6 – a whopping 82.5% below its value! This provides an excellent opportunity for investors to take advantage of the significant undervaluation and buy low. More…

Peers

In the online marketplace, there is intense competition between Fiverr International Ltd and its competitors Newretail Co Ltd, Similarweb Ltd, and PT NFC Indonesia Tbk. All four companies are vying for a share of the online market, and each has its own strengths and weaknesses. Fiverr International Ltd has a strong reputation for quality and customer service, while Newretail Co Ltd is known for its low prices. Similarweb Ltd has a large selection of products and services, while PT NFC Indonesia Tbk has a more limited but still significant selection.

– Newretail Co Ltd ($TPEX:3085)

Newretail Co Ltd is a company that operates in the retail industry. It has a market cap of 603.61M as of 2022 and a Return on Equity of 5.63%. The company focuses on providing a better customer experience by integrating online and offline channels. It has a strong presence in China and is expanding its operations to other countries.

– Similarweb Ltd ($NYSE:SMWB)

As of 2022, Similarweb Ltd has a market cap of 488.21M. The company has a Return on Equity of -103.2%. Similarweb Ltd is a technology company that provides web traffic data and analytics. The company was founded in 2007 and is headquartered in Tel Aviv, Israel.

– PT NFC Indonesia Tbk ($IDX:NFCX)

PT NFC Indonesia Tbk is a leading provider of mobile payment and financial services in Indonesia. The company has a market cap of 7.95T as of 2022 and a Return on Equity of 21.4%. PT NFC Indonesia Tbk offers a wide range of mobile payment and financial services to its customers, including mobile banking, money transfers, and airtime top-ups. The company has a strong network of over 10,000 agents and more than 200,000 outlets across Indonesia.

Summary

Fiverr International (FVRR) has recently received positive analyst attention, with one investment firm reiterating their positive outlook on the company and revising its price target. This is encouraging news for investors as Fiverr International continues to experience strong growth in its core business. Recent developments include the launch of a new SaaS product, as well as innovative offerings such as Fiverr Pro, which matches customers with top-tier freelancers.

The company is also focused on expanding its reach into new markets, including Asia and Latin America. With a strong balance sheet and a robust financial outlook, Fiverr International looks to be a sound investment for those seeking exposure to the gig economy.