“Risks are Increasing for AI Stocks: Does That Make Fiverr Stock a Buy?”
$FVRRBullish
Reiterate buy rating on FVRR; conviction lowered to low due to AI threats; potential for future downgrade if no near-term management progress.
Fiverr is a gig economy platform which sees its business under threat due to the rising effectiveness of artificial intelligence. For the last couple of quarters, I've begun to see evidence that the company's business is experiencing that negative impact.
So, it's no longer a risk of potential negative outcomes in the future. It's happening today.
What they said to watch for