borchee/E+ via Getty Images So far in 2024, the market has proven to be a “winner take all” game. Though the S&P 500 is sitting at all time highs, that growth has been driven by AI stocks – while many less prominent companies have conversely seen dramatic declines in share price. Fiverr (NYSE:FVRR) is in…
lechatnoir/E+ via Getty Images Investment Thesis Fiverr (NYSE:FVRR) delivers a less-than-satisfying outlook for 2024. Even if the company looks cheap, I don’t believe this stock is a compelling buy. And yet, to be clear, it’s not all bad. For one, Fiverr has a relatively strong balance sheet. Also, the business is evidently generating meaningful free…
COROIMAGE/Moment via Getty Images Many companies thrived during the terrible COVID-19 pandemic. Companies such as DocuSign (DOCU), Zoom (ZM) and Peloton (PTON) rose to colossal heights as these companies benefited greatly during that time. However, the majority came crashing down and investors who bought during the pandemic are now likely holding significant losses, if still…
LumiNola/E+ via Getty Images Fiverr (NYSE:FVRR) was once the darling of the gig economy, epitomizing the potential of online freelance marketplaces. Its stock price rose over 10x during the pandemic as remote work and income diversification drove freelancer demand. However, Fiverr has since lost over 90% of its peak value as growth has slowed and…
Parradee Kietsirikul/iStock via Getty Images Investment Thesis I wanted to take a look at Fiverr International (NYSE:FVRR) before the upcoming quarterly announcement to see what the outlook for the company in the long run is and whether the current share price is a good entry point for a long-term investor. With somewhat conservative estimates in…