Fiverr International (NYSE:FVRR) Releases Earnings Results, Beats Expectations By $0.14 EPS

Fiverr International (NYSE:FVRR) released its quarterly earnings results on Thursday. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.14, reports. Fiverr International had a return on equity of 13.70% and a net margin of 6.42%. The business had revenue of $90.90 million for the quarter, compared to analysts’ expectations of $83.78 million. During the same quarter in the prior year, the firm posted $0.15 EPS. The company’s revenue was down 15.8% compared to the same quarter last year.

Here are the key takeaways from Fiverr International’s conference call:

• Q3 results exceeded guidance, with revenue of $90.9 million and adjusted EBITDA of approximately $14.5 million, or a 16% margin. Management raised full-year 2026 revenue guidance to $374–$380 million and adjusted EBITDA guidance to $61–$65 million.
• Services revenue rose 3.4% year over year to $35.5 million, driven by strong performance from AutoDS and e-commerce initiatives. A major campaign launched in late August is expected to continue supporting results in Q4.
• The marketplace remained under significant pressure, with revenue down 24.7% year over year, active buyers down 25.8% on a trailing-twelve-month basis, and ongoing declines in search-driven traffic. Management expects marketplace traffic deterioration to continue through Q4 and into 2027.
• Fiverr is investing in an AI-led transformation, including its Mira headhunter, Knowledge Graph, and integrations with ChatGPT and Claude; AI-sourced GMV from first-time buyers increased approximately 64% sequentially. Early Mira users show higher order values and lower cancellations, but management said the timing and scale of broader acquisition benefits remain difficult to forecast.
• Despite expected year-over-year operating expense reductions in 2027, management warned that continued traffic and demand headwinds are likely to create downward pressure on adjusted EBITDA margin. The company also said M&A is not currently a priority as it focuses capital on the transformation.

Fiverr International Stock Performance

FVRR traded down $0.66 on Friday, reaching $8.39. 2,063,555 shares of the company’s stock were exchanged, compared to its average volume of 840,826. Fiverr International has a twelve month low of $8.01 and a twelve month high of $22.84. The company’s 50 day moving average is $8.80 and its 200-day moving average is $10.73. The company has a market cap of $301.80 million, a price-to-earnings ratio of 12.17 and a beta of 1.51.

Key Stories Impacting Fiverr International

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

• Positive Sentiment: Fiverr reported third-quarter adjusted earnings of $0.43 per share, above estimates ranging from $0.29 to $0.36, while revenue of $90.9 million also exceeded the roughly $83.8 million consensus. Fiverr International third-quarter earnings report
• Positive Sentiment: The company raised its full-year 2026 revenue forecast to $374 million-$380 million. AI-sourced gross merchandise value from first-time buyers increased 64% quarter over quarter, suggesting artificial intelligence initiatives may be improving customer acquisition. Fiverr three key takeaways for long-term investors
• Positive Sentiment: Fiverr highlighted a solid cash position and ongoing investments in its Knowledge Graph, Mira AI headhunter and integrations with external large-language-model ecosystems. Projects worth at least $1,000 accounted for 16% of completed-project gross order value on a trailing 12-month basis, supporting its higher-value project strategy. Fiverr third-quarter 2026 results
• Neutral Sentiment: Analysts’ consensus price target is $11.44, above the recent trading level, but the target alone has not offset concerns about the company’s operating trends. Fiverr consensus price target
• Negative Sentiment: Revenue fell 15.8% year over year, and quarterly earnings declined from $0.77 per share in the prior-year period. Management also expects steeper marketplace traffic declines through 2027, raising concerns that AI-related gains may not quickly offset weakening buyer activity. Fiverr 2026 revenue forecast and marketplace traffic outlook

Analysts Set New Price Targets

Several research analysts have recently issued reports on FVRR shares. Oppenheimer downgraded Fiverr International from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 30th. Royal Bank Of Canada lowered their price objective on shares of Fiverr International from $16.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 30th. UBS Group restated a “neutral” rating and set a $9.50 target price on shares of Fiverr International in a report on Friday. JPMorgan Chase & Co. cut their target price on shares of Fiverr International from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Citigroup lowered their price target on shares of Fiverr International from $15.00 to $11.50 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $11.12.

Fiverr International Company Profile

Fiverr International Ltd. operates an online marketplace that connects businesses and individual customers with freelancers offering digital services. The platform covers categories such as graphic design, digital marketing, writing and translation, video and animation, programming and technology, music and audio, business services, and consulting.

Fiverr’s marketplace is designed to support transactions between buyers and sellers, including service discovery, communication, payments, and delivery.