Oppenheimer analyst Jason Helfstein maintained a Buy rating on Fiverr International (FVRR) yesterday and set a price target of $36.00. The company’s shares closed last Monday at $30.00.
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 21.3% and a 69.6% success rate. Helfstein covers the Technology sector, focusing on stocks such as Spotify Technology SA, IAC/InterActiveCorp, and ANGI Homeservices.
Fiverr International has an analyst consensus of Moderate Buy, with a price target consensus of $30.75, representing a 0.0% downside. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $38.00 price target.
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Based on Fiverr International’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $7.44 million. In comparison, last year the company had a GAAP net loss of $16.25 million.
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Fiverr International Ltd. develops an e-commerce platform that allows the people to buy and sell digital services. It operates through the following geographical segments: U.S., Europe, Asia Pacific, Rest of the World, and Israel. The firm offers digital marketing, graphics and design, video and animation, writing and translation, and music and audio.