CMPR vs FVRR: Which Is the Better Buy in 2026?

Same yardstick, side by side (as of October 2026). Valuation lined up like this is most meaningful for two names in the same corner of the market, which these are. Figures are approximate; verify before investing.

Reading it: FVRR is the cheaper of the two on forward earnings, but cheaper is not the same as better. Pair the valuation with growth (how far the forward P/E sits below the trailing P/E) and risk (beta) before you decide.

The metrics above tell you which is the marginally better business. The bigger risk for most people is not picking the slightly worse stock, it is over-concentrating. CMPR and FVRR share themes, so owning both, or adding either to what you already hold, can quietly push a large share of your portfolio into one bet.

This is the part a generic comparison page cannot answer, because it depends on what you own. Connect your brokerage and Walnut shows your real, combined CMPR and FVRR exposure, flags overlap with your existing positions, and tells you if adding one would tip you past a concentration you are comfortable with, read-only by default, with your login staying at your broker. Walnut is not an investment adviser.

Cimpress plc operates a portfolio of customer-focused mass-customization businesses, the largest of which is Vista (the parent of VistaPrint, VistaCreate, 99designs, Vista Corporate Solutions, and Depositphotos). Other segments include PrintBrothers and The Print Group (European upload-and-print operators), National Pen (promotional products), and a group of smaller "All Other" businesses. The common thread is aggregating individually small custom orders across marketing materials, signage, apparel, photo products, and promotional items, then fulfilling them cheaply through shared mass-customization technology and manufacturing. The company is run with an explicit focus on maximizing intrinsic value per share and steady-state free cash flow rather than reported growth.

Full CMPR guide

Fiverr International is an Israel-based, NYSE-listed company that operates a global online marketplace for freelance digital services. Buyers post or search for work across categories like graphic design, programming, writing, marketing, and video, and freelancers deliver defined "gigs" for set prices; Fiverr takes fees from both sides. Over time the business has broadened from simple task-based gigs toward higher-value work, subscription and "Pro" offerings, and a growing services layer. In Q1 2026 total revenue was about $105.5 million, roughly flat to slightly down year over year, but the mix shifted sharply: marketplace revenue fell about 14% to roughly $67 million while services revenue rose about 30% to roughly $38 million. Annual active buyers were around 2.9 million with annual spend per buyer near $356, up double digits, showing the platform is leaning on fewer, higher-spending customers. The second quarter of 2026 extended the decline: revenue of ~$97.8 million, down ~10% year over year and below analyst estimates, net income of ~$4.5 million, and EPS of $0.50 against a $0.52 consensus. Active buyers fell ~14% to about 2.7 million, and management cut its full-year outlook sharply.

Full FVRR guide

Both fit overlapping themes, but they are not interchangeable. The useful comparison is which set of drivers and risks you want exposure to.

• CMPR drivers: Cash flow and per-share value focus; Vista as the growth and margin engine.
• FVRR drivers: Services and higher-value mix shift; AI as a demand driver, not just a threat.

A faster-growing, richer-valued name usually swings harder, so it suits a longer horizon and a higher tolerance for volatility; a steadier, more cash-generative business suits a more conservative or income-minded investor. The honest test is which set of risks you could hold through a drawdown: The dominant risk is financial leverage: about $1.79 billion of debt against roughly $249 million of cash at June 2026, net leverage near 2.9x EBITDA and negative book equity means interest expense and refinancing conditions materially affect the equity, and any EBITDA shortfall is magnified. For FVRR, the dominant risk is AI disruption of the core marketplace: the same generative tools Fiverr sells can automate many simple gigs, and in 2026 the stock fell sharply as analysts cut estimates and questioned whether the freelance model survives intact.

Growth-minded investors who believe the theme has years to run tend to accept the richer multiple for more upside; value-minded investors lean toward the cheaper forward earnings and steadier profile. Pick CMPR if you believe its drivers more; FVRR if you believe its. Many investors hold both, but since they share themes, that is a concentrated bet, not diversification. Decide deliberately and check overlap. For the full detail, see the CMPR and FVRR guides.

CMPR. At about $76.49 on October 16, 2026, Cimpress has a market value near $1.9 billion and, with roughly $1.5 billion of net debt, an enterprise value around $3.4 billion, or about 7.5x fiscal 2026 adjusted EBITDA of $458 million and under 7x the fiscal 2027 guide. That is cheaper than in July, when the multiple was under 10x. Reported net income is thin because heavy interest and amortization sit below the EBITDA line, so the market tends to value the stock on EBITDA and free cash flow; first-quarter fiscal 2027 results arrive October 28, with revenue consensus near $934 million.

FVRR. Fiverr's valuation debate is unusually binary. At ~$314 million of market value with ~$250 million of cash, the market is assigning little value to the operating business, which reflects analyst forecasts of revenue falling to ~$365 million in 2026 and ~$317 million in 2027 after the cut to the full-year outlook. If AI accelerates the erosion of the legacy marketplace, even a low multiple can look expensive, but if the services and AI-services mix shift stabilizes revenue on a profitable, cash-generative base, the compressed valuation could look cheap.

Headline figures (approximate, October 2026): CMPR shows revenue (fy2026) ~$3.74B (up ~10%), adjusted ebitda (fy2026) ~$458M, net income (fy2026) ~$96M, margins (gross / operating) ~46% / ~6%; FVRR shows revenue (ttm) ~$418 million; Q2 2026 ~$97.8 million, down ~10% year over year and below estimates, net income / eps ~$30 million TTM; Q2 2026 EPS $0.50 vs $0.52 consensus, margins (ttm) Gross ~82%, operating ~6%, net ~7%, cash and free cash flow ~$250 million cash, ~$3 million debt; ~$84 million TTM free cash flow.

CMPR and FVRR are related but distinct: same themes, different businesses and risks. Neither wins in the abstract; the right pick is whichever thesis you actually believe, sized so you are not over-concentrated in one theme. Walnut can show your combined CMPR and FVRR exposure against your real portfolio. It is not an investment adviser.