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Fiverr International Ltd. - FVRR STOCK NEWS

Welcome to our dedicated page for Fiverr International Ltd. news (Ticker: FVRR), a resource for investors and traders seeking the latest updates and insights on Fiverr International Ltd. stock.

Fiverr International Ltd. (NYSE: FVRR) is pioneering the future of work by leading the freelance economy online. Established in 2010, Fiverr operates from key global locations including New York City, Chicago, Miami, San Francisco, and Tel Aviv, and has emerged as the world's largest and most transacted marketplace for digital services.

Fiverr's platform allows buyers to procure a wide range of digital services with ease and efficiency. By offering a horizontal marketplace, Fiverr provides nearly any digital service through a seamless, one-click purchase process, eliminating the need for negotiations over deliverables or prices. Users can choose from an extensive catalog of pre-packaged services, encompassing categories like Graphic Design, Digital Marketing, Video and Animation, Writing and Translation, and many more, delivered by freelancers from over 196 countries.

In recent developments, Fiverr has launched a reimagined homepage, a new consulting category, and an updated review and leveling system to enhance user experience and foster stronger relationships between businesses and freelancers. CEO Micha Kaufman emphasized that these innovations are driven by feedback from Fiverr's global community, intending to provide radical transparency and clearer paths for freelancers to improve and grow their businesses.

Fiverr's financial health is robust, as evidenced by their 2023 performance which saw revenue and Adjusted EBITDA surpassing targets. The company is committed to continuous innovation, introducing AI features across the platform and aiming to expand its market share in the digital services industry. Their strategic focus includes moving upmarket and investing in complex services to drive profitable growth.

Additionally, Fiverr has rolled out Fiverr Agencies, which helps agency teams build client bases and improve their visibility. This initiative supports businesses in accessing expert talent for advanced collaboration and enhanced productivity.

Fiverr's mission is to democratize access to talent, enabling both individuals and large enterprises to achieve their business goals. Their offerings span over 700 skills, ensuring flexibility and adaptability in today's dynamic work environment. For more insights and updates, visit fiverr.com, read their blog, and follow them on social media platforms.

News

Unfilled Jobs Are Costing the Economy over $1 Trillion a Month

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Fiverr International Ltd. (NYSE: FVRR) reveals the high economic cost of open job positions in new research with Lightcast, highlighting a staggering $1.08 trillion per month of cost due to unfulfilled roles. The findings emphasize the need for businesses to reconsider hiring strategies, with potential for around 15% more economic growth if all open roles were filled. Open positions in highly skilled professions such as Legal, Computer & Math, Engineers & Technicians, Business & Finance, and Arts & Media cost businesses significant amounts, raising the question of affordability for businesses.
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Fiverr Announces Third Quarter 2023 Results

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Fiverr International Ltd. (NYSE: FVRR) reported strong Q3’23 results, with revenue at $92.5 million, up 12.1% YoY, and Adjusted EBITDA margin at 17.9%. The company raised its FY’23 Adjusted EBITDA guidance to $58.0 - $60.0 million, reflecting a 16.3% margin. Upmarket progress, SPB expansion, and take rate growth drove positive results, with revenue reaching $92.5 million in Q3’23.
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Fiverr Welcomes Matti Yahav as Chief Marketing Officer and Appoints Yael Garten to its Board of Directors

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Fiverr International Ltd. has announced the appointment of Matti Yahav as CMO and Yael Garten to its board of directors. Matti Yahav brings over 20 years of marketing experience, having worked with brands like Lego, Disney, Nestle, and SodaStream. Yael Garten is a technology business leader with extensive experience in data science and machine learning, having worked at Apple and LinkedIn. The company aims to build an iconic brand and drive innovation.
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Working Not Working Launches NTRNL™ – a New Way to Unlock Talent Potential and Address Employee Retention

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Working Not Working Inc., a Fiverr company, has launched NTRNL™, a platform for sourcing internal talent and showcasing employee expertise. Wieden+Kennedy is the first customer and launch partner of NTRNL. The platform allows companies to find employees for projects based on their skills and interests, regardless of location or experience. It also fosters collaboration and connects employees based on shared interests. NTRNL can help accelerate new business opportunities by tapping into employee interests and experience beyond their day-to-day work.
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Survey Estimates 20% of Organizations’ Work, On Average, is Carried Out by Freelancers, According to Harvard Business Review Analytic Services Report

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Fiverr releases findings of a report on the use of freelance workers in organizations. The report shows that 20% of work is done by freelancers, but most businesses lack a strategic approach. Fiverr launched Fiverr Business Solutions to assist medium to enterprise companies. The report highlights the need for companies to integrate freelancers into their workforce.
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84% of US Business Leaders Expect Increased Holiday Sales, Targeting Eager-to-Spend Young Shoppers on Platforms like TikTok

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Fiverr survey reveals that business leaders are optimistic about the holiday shopping season, increasing investment in digital marketing channels and recruiting freelancers. Over half of business leaders plan to increase spending on social media ads and pursue influencer partnerships. Business leaders are leveraging AI tools and freelance talent amid staffing shortages. Despite concerns about inflation and supply chain issues, business leaders are highly optimistic about sales this year. They plan to offer steeper discounts and expect a significant increase in sales. Young shoppers are planning to spend more this year, especially on TikTok. Most shoppers still plan to look for gifts in-store.
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Fiverr Celebrates its 2nd Annual International Freelancer Day with Worldwide Celebrations and Special Perks for Independent Professionals

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Fiverr International Ltd. celebrates its second annual International Freelancer Day, acknowledging the hard work of freelancers and their contributions to businesses worldwide. A survey reveals that 31% of freelancers on Fiverr recently raised their rates by an average of 40%. 72% of freelancers expect their revenue to increase this year compared to 2022. Fiverr announces a 'Perks Hub' with special discounts for freelancers and buyers, as well as a partnership with WeWork to host celebrations in 9 countries. Fiverr also launches the Freelance Community Impact Grant to support freelancing and donates to nonprofits and community-based organizations. Fiverr encourages freelancers to share their lessons through a global social media campaign.
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Fiverr to Release Third Quarter 2023 Results on November 9, 2023

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Fiverr International Ltd. to release third quarter financial results on November 9, 2023
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Businesses Are Boosting Online Presence and Pursuing Tech-Forward AI Projects, According to Internal Research From Fiverr

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Fiverr's Business Trends Index reveals businesses investing in web strategies and recruiting freelance experts for growth.
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Freelancers Surge as Marketers Face Layoffs, Reject Office Return: New Study from Fiverr Pro

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Marketing leaders have conducted layoffs, resulting in a loss of skills such as Marketing Manager, Digital Marketing, and Market Research. 83% of leaders turned to freelancers to fill these gaps. On average, 45% of marketing teams are freelancers. RTO policies are causing conflict between managers and employees, with 61% of professionals considering freelance opportunities due to RTO policies. 53% of professionals would not apply for a job requiring full-time office work. 86% of marketing leaders with RTO policies agree on the need for increased flexibility.
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FAQ

What is the current stock price of Fiverr International Ltd. (FVRR)?

The current stock price of Fiverr International Ltd. (FVRR) is $32.28 as of December 20, 2024.

What is the market cap of Fiverr International Ltd. (FVRR)?

The market cap of Fiverr International Ltd. (FVRR) is approximately 1.1B.

What is Fiverr International Ltd.?

Fiverr International Ltd. is a leading online marketplace for freelance services, offering a wide range of digital services such as graphic design, digital marketing, and video editing.

How does Fiverr's marketplace work?

Fiverr’s marketplace allows users to buy and sell digital services in a streamlined manner, similar to physical goods on an e-commerce platform, with a comprehensive catalog and easy search, find, and order processes.

What recent updates has Fiverr introduced?

Fiverr has launched a new homepage, a consulting category, and an updated review and leveling system to improve user experience and support freelancers in their business growth.

How did Fiverr perform financially in 2023?

Fiverr exceeded its revenue and Adjusted EBITDA targets for 2023, achieving strong financial results despite a challenging economic environment.

What is Fiverr Agencies?

Fiverr Agencies is a feature that allows agency teams to build their client bases and improve visibility, making it easier for businesses to find and collaborate with expert teams.

What is Fiverr's mission?

Fiverr's mission is to democratize access to talent, providing opportunities for anyone to grow their business, brand, or dreams through flexible and adaptable freelance services.

How can I stay updated with Fiverr's latest news?

You can stay updated by visiting Fiverr's website, reading their blog, and following them on social media platforms like Instagram and Facebook.

What types of services are available on Fiverr?

Fiverr offers over 700 skills across categories such as graphic design, digital marketing, video animation, writing, programming, and more.

Where are Fiverr's offices located?

Fiverr has offices in New York City, Chicago, Miami, San Francisco, and Tel Aviv.

How does Fiverr support large enterprises?

Fiverr offers Business Solutions tailored to the needs of large companies, helping them find the right talent and tools to thrive and grow.

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Fiverr International Ltd.

NYSE:FVRR

FVRR Rankings

#2437 Ranked by Market Cap
N/A Ranked by Dividends

FVRR Stock Data

1.12B
30.41M
13.83%
60.18%
17.21%
Internet Content & Information
Communication Services
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United States of America
Tel Aviv