Fiverr International Ltd. (NYSE: FVRR) is 16.85% higher on its value in year-to-date trading and has touched a low of $26.16 and a high of $83.18 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FVRR stock was last observed hovering at around $34.58 in the last trading session, with the day’s loss setting it -0.53% off its average median price target of $52.00 for the next 12 months. It is also 41.29% off the consensus price target high of $58.00 offered by 10 analysts, but current levels are 14.88% higher than the price target low of $40.00 for the same period.
Currently trading at $34.05, the stock is -12.82% and -8.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.55 million and changing -1.53% at the moment leaves the stock -2.60% off its SMA200. FVRR registered -41.64% loss for a year compared to 6-month gain of -2.66%.
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The stock witnessed a -12.36% loss in the last 1 month and extending the period to 3 months gives it a 9.38%, and is -11.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.78% over the week and 5.38% over the month.
Fiverr International Ltd. (FVRR) has around 787 employees, a market worth around $1.33B and $334.00M in sales. Fwd P/E is 20.26. Distance from 52-week low is 30.18% and -59.06% from its 52-week high.
Fiverr International Ltd. (FVRR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fiverr International Ltd. (FVRR) is a “Overweight”. 10 analysts offering their recommendations for the stock have an average rating of 2.10, where 4 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Fiverr International Ltd. is expected to release its quarterly report on 05/11/2023.The EPS is expected to grow by 70.40% this year
Fiverr International Ltd. (FVRR) Top Institutional Holders
The shares outstanding are 37.12M, and float is at 32.38M with Short Float at 8.14%.
Fiverr International Ltd. (FVRR): Who are the competitors?
The company’s main competitors (and peers) include Upwork Inc. (UPWK) that is trading -41.67% down over the past 12 months.
