They just revealed what they believe are the ten best stocks for investors to buy right now. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* When our analyst team has a stock tip, it can pay to listen. If it can regain this impressive growth trajectory at some point over the next few years, we will likely look back to today and think it was crazy cheap to see the stock's market cap below $1 billion.ġ0 stocks we like better than Fiverr International Fiverr has grown its revenue by 347% since going public in 2019, making it one of the fastest-growing businesses in the world. On the one hand, this could indicate that freelance marketplaces like Fiverr peaked during the pandemic and will struggle to grow again, especially if the AI threat materializes.īut on the other hand, it could be the ideal time to take a stake in a hypergrowth company as it goes through a rough patch. Its market cap currently sits at just below $1 billion. Now whatĪfter this week's drawdown, Fiverr sits at an all-time low and is off 92% from its stock highs set during the pandemic bubble. If this proves to be true, Fiverr could start losing customers from its marketplace as they use AI tools for freelance tasks instead. These large language models have shown the ability to produce fully functional websites and other computer science projects with just a few prompts from users, potentially displacing the need for human freelancers to perform these tasks. Investors should track Fiverr's marketplace volume when it reports its own earnings next week to see how its results stack up to Upwork.īesides poor numbers from Upwork, investors are getting nervous about Fiverr losing market share for freelance work to automated artificial intelligence (AI) products like Open AI's ChatGPT. Since Fiverr operates in virtually the same industry (connecting freelance workers to jobs), investors likely didn't take this news positively and decided to sell off the stock along with Upwork. The company's marketplace volume declined quarter over quarter to $1.0 billion and has been stagnating ever since economies around the world reopened from the COVID-19 pandemic. The traditional drawdown approach compares the returns of only a single asset or portfolio. As a result, drawdown reflects only factual returns from a past period and has no direct predictive value, which other metrics, such as volatility, imply. So whatįiverr itself didn t reportearnings this week, but its close competitor Upwork did. Furthermore, the historical drawdown period is variable because it depends on the timing of the peak. It also can be used to calculating portfolio returns like XIRR. Ratios include alpha, beta, sharpe, volatility, upside capture, downside capture, sortino ratio, treynor ratio, drawdown etc. As of the close on May 4, the stock is down 27.7% since last Friday's close. Overview A simple python tool for calculating ratios used to measure portfolio performance. The online freelance marketplace is feeling the heat as competitors reported weak growth to start 2023, and investors worry about threats from new artificial intelligence (AI) products. Shares of Fiverr International (NYSE: FVRR) slipped as much as 28.3% this week, according to data from S&P Global Market Intelligence.
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