We recently compiled a list of the Top 8 Must-See AI News Updates Investors Should Not Miss. In this article, we are going to take a look at where Fiverr International Ltd. (NYSE:FVRR) stands against the other AI stocks.
On 17th February, xAI launched its updated Grok 3 AI model as part of efforts to stay at par with the evolving reasoning and search capabilities showcased by global competitor models. During an event live-streamed on X, xAI leaders claimed that the latest version of Grok 3 is better than Gemini, GPT-4o, Claude 3.5, and DeepSeek’s V3 models in terms of math, science, and coding benchmarks.
xAI also highlighted the tool’s latest features, which include advanced web searching with “deep search,” coding abilities for online games, and a “big brain” mode for complex problems. The xAI announcement comes as the global AI race heats up amid China’s advancements in this space.
While the cost-effective DeepSeek AI and the Qwen 2.5 models triggered a $1.3 trillion market rally in China, the mainland could witness further economic boost after recently announcing breakthroughs in quantum computing, focusing on quantum communications. However, analysts warn of data-driven surveillance and global data-centric authoritarianism in tandem with quantum advances.
“First, quantum computing is expected to eventually enable any state or non-state actor that possesses this technology to circumvent encryption that protects communications,” the analysts state. “Second, if the quantum communications providers who are first-movers in this space adopt cryptography standards and equipment that include backdoors for official government use, information conveyed over quantum networks will be vulnerable to state surveillance — potentially either by the governments that import these technologies, or by the home countries of companies that provide quantum services.”
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
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Fiverr International Ltd. (NYSE:FVRR)
Number of Hedge Fund Holders: 15
Fiverr International Ltd. (NYSE:FVRR) connects freelancers with businesses through its online marketplace. Its newly launched Fiverr Go GenAI platform leverages the company’s vast first-party transaction data to enable freelancers to fully control their creative rights and develop their creation models for better pricing power over their AI counterparts.
On February 19th, Fiverr International Ltd. (NYSE:FVRR) posted a 13% year-over-year jump in Q4 revenue to $103.7 million from $91.5 million, driven by the Services segment and initiatives like Fiverr Pro, AI-based Fiverr Go platform, and Dynamic Matching. The company’s non-GAAP Q4 net income increased YoY to $24.9 million or $0.64 diluted earnings per share. Fiverr International Ltd. (NYSE:FVRR) said its Q1 2025 guidance is between $103.5 million and $108.5 million due to strong momentum in revenue from the Services segments and progress in AI initiatives.
“We delivered strong results for 2024, finishing the year well ahead of our initial targets, with double-digit revenue growth and robust margins. We continue to focus on our upmarket initiatives while strategically expanding Services revenue to drive further growth. It has been a year of significant innovation and investment in AI. Our latest launch, the revolutionary and unique human-centered AI platform Fiverr Go, allows our talent community to build their own creation models, control their creative rights, and take their business to the next level. We started off 2025 with significant momentum in our product pipeline, growth trajectory and investments, giving us confidence in the long-term opportunity ahead.”
-said Micha Kaufman, Founder and CEO of Fiverr International Ltd.
Overall FVRR ranks 6th on our list of the AI stocks investors should not miss. While we acknowledge the potential of FVRR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FVRR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.