Wall Street Analyst Bullish on Fiverr Stock: Is $36 Realistic Target?
Tuesday, 14 May 2024, 15:03
Fiverr Stock: A Bullish Perspective
A Wall Street analyst has raised the price target for Fiverr stock to $36, indicating a 39% upside potential.
Financial Performance
- Revenue grew 6% year over year to $93.5 million.
- Net income soared 48% to nearly $22 million.
AI Competition
Analyst believes fears of AI competition are overblown as human talents are still essential for quality work on Fiverr.
Investors are advised to consider the potential for significant returns before buying Fiverr stock.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.