Citigroup has downgraded Fiverr International (NYSE:FVRR) from “strong-buy” to “hold,” causing the stock to plunge 8.5% to near 52-week lows, with a current market cap of $405 million. This downgrade, alongside target price cuts from several other firms, reflects concerns over the company’s FY26 outlook and potential AI headwinds, despite beating Q4 EPS estimates. The consensus rating for Fiverr is now “Hold” with an average price target of $19.30.
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Fiverr International (NYSE:FVRR) Rating Lowered to "Hold" at Citigroup
Citigroup has downgraded Fiverr International (NYSE:FVRR) from “strong-buy” to “hold,” causing the stock to plunge 8.5% to near 52-week lows, with a current market cap of $405 million. This downgrade, alongside target price cuts from several other firms, reflects concerns over the company’s FY26 outlook and potential AI headwinds, despite beating Q4 EPS estimates. The consensus rating for Fiverr is now “Hold” with an average price target of $19.30.