EverCommerce (NASDAQ:EVCM) Stock Price Target Lowered at Oppenheimer

EverCommerce (NASDAQ:EVCM) had its price target decreased by Oppenheimer from $13.00 to $11.00 in a report published on Friday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

Several other equities research analysts have also recently commented on the stock. Weiss Ratings cut shares of EverCommerce from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft downgraded EverCommerce from a “buy” rating to a “hold” rating and lowered their target price for the company from $12.00 to $7.00 in a research report on Friday. Royal Bank Of Canada dropped their target price on EverCommerce from $11.00 to $10.00 and set a “sector perform” rating on the stock in a report on Thursday, August 6th. Wall Street Zen cut EverCommerce from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 26th. Finally, Barclays increased their price target on EverCommerce from $8.50 to $10.00 and gave the company an “underweight” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $8.67.

EverCommerce Stock Down 1.6%

Shares of NASDAQ EVCM traded down $0.13 during midday trading on Friday, reaching $8.22. The company’s stock had a trading volume of 152,151 shares, compared to its average volume of 91,623. The stock has a 50 day simple moving average of $8.56 and a 200-day simple moving average of $10.25. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 54.80, a PEG ratio of 0.84 and a beta of 0.63. EverCommerce has a fifty-two week low of $6.01 and a fifty-two week high of $14.41.

EverCommerce (NASDAQ:EVCM) last announced its earnings results on Thursday, November 5th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.13). The business had revenue of $151.45 million for the quarter, compared to analyst estimates of $152.91 million. EverCommerce had a return on equity of 3.95% and a net margin of 5.69%. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.03) EPS. Equities research analysts predict that EverCommerce will post 0.52 earnings per share for the current year.

Insider Buying and Selling at EverCommerce

In other EverCommerce news, President Matthew Feierstein sold 10,000 shares of EverCommerce stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $10.00, for a total transaction of $100,000.00. Following the completion of the transaction, the president directly owned 1,961,214 shares of the company’s stock, valued at $19,612,140. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Remer sold 6,354 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $8.07, for a total transaction of $51,276.78. Following the completion of the transaction, the director owned 5,011,125 shares in the company, valued at approximately $40,439,778.75. This represents a 0.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 431,327 shares of company stock valued at $4,069,251 in the last ninety days. Insiders own 10.10% of the company’s stock.

Institutional Trading of EverCommerce

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in EverCommerce during the second quarter worth approximately $10,724,000. CoreCap Advisors LLC bought a new position in shares of EverCommerce during the second quarter worth approximately $2,716,000. Black Diamond Financial LLC bought a new position in shares of EverCommerce during the third quarter worth approximately $2,464,000. Quantinno Capital Management LP boosted its stake in EverCommerce by 117.7% in the 1st quarter. Quantinno Capital Management LP now owns 48,290 shares of the company’s stock valued at $552,000 after purchasing an additional 26,109 shares during the period. Finally, Bank of America Corp DE grew its holdings in EverCommerce by 202.9% in the 1st quarter. Bank of America Corp DE now owns 47,848 shares of the company’s stock valued at $547,000 after buying an additional 32,053 shares in the last quarter. Institutional investors own 97.91% of the company’s stock.

Key Headlines Impacting EverCommerce

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Management indicated full-year 2026 revenue of about $600 million and adjusted EBITDA of about $170 million. The outlook offers investors a view of expected scale and profitability, though the company also plans to ramp up investments in Q4. Article: EverCommerce signals 2026 outlook
• Positive Sentiment: Oppenheimer lowered its target to $11 from $13 but maintained an Outperform rating; Canaccord cut its target to $9 from $13 and kept a Buy rating. Both firms remain positive on the shares despite reducing their estimates. Article: Oppenheimer price target Article: Canaccord price target
• Negative Sentiment: Q3 adjusted earnings were reported at $0.03 per share, below the $0.16 consensus, while revenue of $151.45 million also fell short of the $152.91 million estimate. Revenue was up 2.6% year over year, but the earnings miss may weigh on sentiment. Article: EverCommerce Q3 results
• Negative Sentiment: Deutsche Bank downgraded EVCM from Buy to Hold with a $7 target, and RBC cut its target from $10 to $7 while maintaining Sector Perform. The lower targets and Deutsche’s downgrade signal reduced analyst confidence. Article: Deutsche Bank downgrade Article: RBC price target

About EverCommerce

EverCommerce, Inc is a software and technology company that provides integrated, cloud-based solutions for service-oriented small and midsize businesses. Its platforms are designed to help businesses manage operations, customer relationships, payments, marketing and other administrative functions through specialized applications tailored to specific industries.

The company serves a broad range of vertical markets, including home and field services, health and wellness, fitness, education, professional services and other appointment- or membership-based businesses.