2 models fit Fiverr International Ltd. Ordinary Shares no par value and they agree: 2 of 2 land within 15% of the average. The price is below every model.
Two or more of our models back this value.
Large discount(i)Bronze52
Valued as a growth company: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
ACCE opinionFiverr International Ltd. Ordinary Shares no par value (FVRR)
Fair value (2 models)
$27.85
ACCE price target
$8.50
Rating
Undervalued
Horizon
12 months
Fair value published on 24 Oct 2026, 16:06 CEST; previously $23.54 since 17 Oct 2026, 00:00 CEST.
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Rating published on 24 Oct 2026, 16:06 CEST.
Price used: $8.45 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
69.7% below
+229.6% to fair value
ACCE score
56
out of 100
Analysts
0% buy
10 covering
P/E
10.4x
forward 6.6x
1-year return
-63.1%
Dividend yield
0.00%
Fiverr International Ltd. Ordinary Shares no par value in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
Fiverr runs a two-sided online marketplace where freelancers sell fixed-price service packages, from logo design to video editing and translation, to small businesses and individuals, and it monetises the transactions through commissions and seller subscriptions. At a $319M market cap with revenue shrinking 10.0% and a 6.0% operating margin, the case rests on whether an 82.0% gross margin can be converted into durable profit as the top line stabilises. The stock trades at 10.9x trailing earnings and 14.2x forward, so the market is pricing in a forward recovery that the revenue line does not yet show. ROE of 7.1% and no index membership reflect a business that is still earning little on its equity and has fallen out of the investable mainstream. This is a name for the team to examine closely, with the revenue decline and marketplace competition from AI-driven creative tools as the central questions.