From Yahoo Finance: 2025-05-26 10:46:00

Citi analysts raised Fiverr International Ltd.’s (NYSE:FVRR) price target to $40 with a “Buy” rating after Q1 2025 results. The company focuses on higher-value projects, signed contracts over $100,000 through Fiverr Pro, and saw a 9% increase in Spend per Buyer. Fiverr Go’s Personal Assistant feature increased 14-day conversion rates by 10% in 2 months.

Fiverr International Ltd. (NYSE:FVRR) effectively managed finances with a $100 million buyback program, growing margins, and new services like Fiverr Go. Citi analysts believe these strategic steps will support the company’s growth and success in the competitive online marketplace sector. FVRR operates an online platform for freelance services connecting freelancers to businesses.

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Read more: Citi Raises Fiverr (FVRR) Price Target, Keeps Buy Rating