Down 54%, Is Fiverr Stock a Smart Buy Right Now

Down 54%, Is Fiverr Stock a Smart Buy Right Now

Recent highlights:

1. On the seller side, Fiverr helps freelancers build profiles, list skills, and showcase past work, and it provides value-added products like Fiverr Learn, a training platform featuring on-demand videos led by experts in various fields.

2. Going forward, Fiverr puts its addressable market at $115 billion, and the founder-led management team is executing on a strong growth strategy: adding more buyers and sellers, growing its catalog of gigs, and expanding into new geographies.

3. In February 2021, Fiverr stock achieved an astronomical valuation of 56 times sales -- nearly 10 times higher than its price-to-sales ratio prior to the pandemic.

4. Fiverr stock has fallen 54% from its all-time high set in mid-February

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