EverQuote (NASDAQ:EVER) Price Target Cut to $30.00 by Analysts at B. Riley Financial

EverQuote (NASDAQ:EVER) had its price objective lowered by analysts at B. Riley Financial from $36.00 to $30.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. B. Riley Financial’s price target suggests a potential upside of 89.87% from the stock’s previous close.

Several other research analysts also recently commented on EVER. Raymond James Financial reiterated an “outperform” rating and set a $18.00 target price on shares of EverQuote in a research note on Tuesday, February 17th. Needham & Company LLC dropped their price target on shares of EverQuote from $40.00 to $25.00 and set a “buy” rating on the stock in a research note on Tuesday. Zacks Research raised EverQuote from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Canaccord Genuity Group set a $28.00 price objective on EverQuote in a research note on Tuesday. Finally, JPMorgan Chase & Co. raised their price objective on EverQuote from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $26.60.

EverQuote Stock Performance

Shares of EverQuote stock traded up $0.48 during midday trading on Tuesday, reaching $15.80. 1,237,259 shares of the company’s stock traded hands, compared to its average volume of 904,639. EverQuote has a 52 week low of $13.93 and a 52 week high of $30.03. The company’s 50 day simple moving average is $22.54 and its 200 day simple moving average is $23.30. The company has a market cap of $568.17 million, a price-to-earnings ratio of 11.06 and a beta of 0.50.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings results on Monday, February 23rd. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $0.35 by $1.19. EverQuote had a return on equity of 38.19% and a net margin of 8.36%.The company had revenue of $195.32 million for the quarter, compared to the consensus estimate of $176.82 million. During the same quarter last year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 32.3% compared to the same quarter last year. As a group, equities research analysts predict that EverQuote will post 0.72 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Jayme Mendal sold 14,360 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $24.15, for a total transaction of $346,794.00. Following the transaction, the chief executive officer directly owned 406,404 shares of the company’s stock, valued at approximately $9,814,656.60. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO David Brainard sold 5,709 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $25.05, for a total value of $143,010.45. Following the completion of the sale, the chief technology officer owned 101,603 shares in the company, valued at $2,545,155.15. The trade was a 5.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 43,768 shares of company stock worth $1,122,957. 25.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On EverQuote

Several hedge funds have recently bought and sold shares of EVER. Emerald Advisers LLC raised its holdings in EverQuote by 11.2% during the 3rd quarter. Emerald Advisers LLC now owns 689,253 shares of the company’s stock worth $15,763,000 after purchasing an additional 69,668 shares during the last quarter. D.A. Davidson & CO. bought a new stake in EverQuote during the third quarter worth about $1,100,000. Allspring Global Investments Holdings LLC boosted its position in EverQuote by 37.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 475,691 shares of the company’s stock valued at $10,546,000 after purchasing an additional 128,426 shares during the last quarter. Y Intercept Hong Kong Ltd grew its position in shares of EverQuote by 75.4% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 114,451 shares of the company’s stock worth $2,617,000 after purchasing an additional 49,205 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its holdings in shares of EverQuote by 14.8% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 416,662 shares of the company’s stock worth $9,529,000 after purchasing an additional 53,695 shares during the period. 91.54% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about EverQuote

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: Q4 and full‑year beats: EVER reported Q4 EPS of $1.54 (vs. $0.35 est.) and revenue of $195.3M (+32% YoY); full‑year revenue grew 38% to $692.5M, Adjusted EBITDA +62% and GAAP net income rose materially (helped by a deferred tax benefit). These results support improvement in profitability and cash generation. EverQuote Tops Q4 Estimates on Solid Automotive, Home Insurance Growth
• Positive Sentiment: Strong operating metrics and capital actions: Automotive and home verticals both grew (auto +32–41%), operating cash flow and cash balances increased (ended year with ~$171M cash) and the company announced a $50M share repurchase program — all supportive of shareholder value. EverQuote Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Analyst price‑target change but rating intact: Needham cut its target from $40 to $25 but kept a “Buy” rating, signaling conviction in the story while tempering near‑term upside expectations. EVER PT Lowered to $25 at Needham
• Neutral Sentiment: Earnings call and AI strategy: Management highlighted AI investments and product scaling as drivers of referral quality and long‑term growth; listen/transcript available for details that could affect execution risk assessment. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q1 revenue outlook below Street consensus: EverQuote guided Q1 2026 revenue to $175–185M, under the ~ $193.9M consensus cited by some outlets — a near‑term growth slowdown relative to expectations that likely pressured sentiment after the print. EverQuote Announces Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Immediate market reaction: The stock initially dropped following the release/guidance despite the beat, reflecting investor focus on forward guidance and near‑term growth visibility. EverQuote posts better-than-expected sales but stock drops

EverQuote Company Profile

EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes.

The company’s core business centers on a quote-comparison engine for personal auto, home, and health insurance products.