Online freelance marketplace Fiverr (NYSE: FVRR) will be reporting results this Wednesday before market hours. Here’s what you need to know.
Fiverr beat analysts’ revenue expectations by 0.9% last quarter, reporting revenues of $108.6 million, up 14.8% year on year. It was a softer quarter for the company, with a decline in its buyers and a slight miss of analysts’ number of active buyers estimates. It reported 3.43 million active buyers, down 10.9% year on year.
Is Fiverr a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Fiverr’s revenue to grow 8.3% year on year to $107.9 million, in line with the 7.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.68 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fiverr has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Fiverr’s peers in the consumer internet segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Upwork delivered year-on-year revenue growth of 4.1%, beating analysts’ expectations by 4.3%, and Carvana reported revenues up 54.5%, topping estimates by 11.1%. Carvana traded down 13.8% following the results.
Read our full analysis of Upwork’s results here and Carvana’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the consumer internet stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.2% on average over the last month. Fiverr is down 5.7% during the same time and is heading into earnings with an average analyst price target of $31.90 (compared to the current share price of $22.66).
The biggest winners—Microsoft, Alphabet, Coca-Cola, Monster Beverage—were all riding powerful megatrends before Wall Street caught on. We’ve just identified an under-the-radar profitable growth stock positioned at the center of the AI boom. Get it FREE here before the crowd discovers it. GO HERE NOW.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
