UBS analyst Eric Sheridan maintained a Hold rating on Fiverr International (FVRR) today and set a price target of $24.00. The company’s shares closed last Monday at $22.60.
According to TipRanks.com, Sheridan is a 5-star analyst with an average return of 12.6% and a 66.9% success rate. Sheridan covers the Technology sector, focusing on stocks such as Spotify Technology SA, Activision Blizzard, and IAC/InterActiveCorp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fiverr International with a $25.33 average price target.
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Based on Fiverr International’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $9.35 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.