Citigroup Cuts Fiverr International (NYSE:FVRR) Price Target to $11.50

Fiverr International (NYSE:FVRR) had its price objective decreased by Citigroup from $15.00 to $11.50 in a research note published on Thursday,Benzinga reports. Citigroup currently has a neutral rating on the stock.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada lowered their target price on Fiverr International from $16.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday. Oppenheimer cut shares of Fiverr International from an “outperform” rating to a “market perform” rating in a report on Thursday. UBS Group lowered their price objective on shares of Fiverr International from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Thursday. The Goldman Sachs Group restated a “neutral” rating and set a $13.00 price objective (down from $26.00) on shares of Fiverr International in a report on Thursday. Finally, Weiss Ratings cut shares of Fiverr International from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Eleven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Fiverr International currently has a consensus rating of “Reduce” and a consensus target price of $16.25.

Fiverr International Trading Down 2.7%

NYSE:FVRR opened at $8.93 on Thursday. Fiverr International has a 1 year low of $8.75 and a 1 year high of $28.00. The stock has a 50-day moving average price of $10.60 and a two-hundred day moving average price of $11.67. The stock has a market cap of $321.03 million, a price-to-earnings ratio of 11.02 and a beta of 1.39.

Fiverr International (NYSE:FVRR) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.50 EPS for the quarter. Fiverr International had a return on equity of 16.14% and a net margin of 7.18%.The company had revenue of $97.78 million for the quarter. Sell-side analysts forecast that Fiverr International will post 1.24 earnings per share for the current year.

Institutional Trading of Fiverr International

A number of hedge funds and other institutional investors have recently made changes to their positions in FVRR. Segall Bryant & Hamill LLC bought a new stake in shares of Fiverr International in the first quarter worth $252,000. Altshuler Shaham Ltd boosted its holdings in Fiverr International by 400.0% during the first quarter. Altshuler Shaham Ltd now owns 5,000 shares of the company’s stock worth $50,000 after purchasing an additional 4,000 shares during the last quarter. Amundi bought a new position in Fiverr International in the first quarter valued at $105,000. Engine Capital Management LP grew its position in Fiverr International by 78.4% in the first quarter. Engine Capital Management LP now owns 1,338,644 shares of the company’s stock valued at $13,413,000 after purchasing an additional 588,220 shares in the last quarter. Finally, Rice Hall James & Associates LLC increased its stake in Fiverr International by 5.3% in the 1st quarter. Rice Hall James & Associates LLC now owns 304,628 shares of the company’s stock valued at $3,052,000 after buying an additional 15,331 shares during the last quarter. 59.00% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Fiverr International

Here are the key news stories impacting Fiverr International this week:

• Positive Sentiment: Despite the downgrades, Goldman Sachs set a $13.00 price target, while Citigroup maintained an $11.50 target. Both targets remain above Fiverr’s recent trading level, implying potential upside if the company’s transition succeeds. Zacks.com Fiverr Price Target Cut by Citigroup
• Neutral Sentiment: Fiverr forecasts 2026 revenue of $356 million to $372 million and expects a roughly six-quarter transformation period. Management’s strategy could improve the business over time, but the extended timeline limits near-term catalysts. Fiverr 2026 Revenue Forecast
• Negative Sentiment: Fiverr’s reduced revenue outlook reflects AI-related demand and traffic headwinds, raising concerns about growth and the effectiveness of its marketplace model. The outlook cut triggered a sharp selloff and pushed the stock to a new 52-week low. Fiverr Outlook Cut on AI Demand Pressures Fiverr Hits New 52-Week Low
• Negative Sentiment: Analysts have become more cautious: Goldman Sachs downgraded Fiverr to Neutral from Buy, Oppenheimer moved to Market Perform from Outperform, and Scotiabank shifted to Sector Perform. Citigroup cut its target to $11.50 from $15, while RBC reduced its target to $9 from $16, signaling diminished expectations for near-term performance. Analyst Rating Changes

About Fiverr International

Fiverr International Ltd. operates an online marketplace that connects businesses and individuals with freelance talent across a wide range of professional services. Through its platform, Fiverr enables clients to procure work such as graphic design, digital marketing, writing and translation, video and animation, programming and tech, and business services. By offering a streamlined interface for ordering and delivering gig-based work, the company seeks to simplify the procurement of specialized skills on a project-by-project basis.

Founded in 2010 and headquartered in Tel Aviv, Israel, Fiverr serves clients and freelancers around the globe, with a particularly strong presence in North America and Europe.