Analyst Ratings for Fiverr Intl
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Fiverr Intl (NYSE:FVRR) in the last quarter, with 2 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target among 5 analysts is $35.00, with a high of $43.00 and a low of $26.00, representing a 21.05% decrease from the previous target of $44.33. Analysts' ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.
November 10, 2023 | 8:00 pm
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NEGATIVE IMPACT
Fiverr Intl received mixed ratings from analysts, with an average price target of $35.00, indicating a potential downside from the previous target of $44.33.
The average price target for FVRR has been lowered, which typically suggests that analysts expect the stock to perform worse than previously thought. This negative revision in the price target can lead to a decrease in investor confidence and potentially a short-term decline in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100