Is Fiverr Stock a Good Investment?

Fiverr is a global online marketplace offering tasks and services, beginning at a cost of $5 per job performed, from which it gets its name. The company is based in Tel Aviv, Israel and was founded in 2010.

It has been public since 2013.

The company offers digital services such as graphics and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business and consulting, and more. In 2019, the company had 22 million users.

For the fourth quarter of 2020, Fiverr reported revenue of $66.7 million, an increase of 54% from the fourth quarter of 2019. The company had a net loss of $11.1 million for the fourth quarter of 2020.

PRO TIP: Fiverr is a stock that has seen a lot of volatility in recent months, and it is not clear if it is a good investment at this time. There are concerns about the company’s business model and its ability to generate sustainable profits. Investors should be cautious about investing in Fiverr stock at this time.

Is Fiverr Stock a Good Investment?

The verdict

So is Fiverr stock a good investment? While the company is growing quickly and has a large user base, it is not profitable yet. The stock may be a good investment for risk-tolerant investors who are willing to wait for the company to become profitable.

Drew Clemente