EverQuote (NASDAQ:EVER) Given New $22.00 Price Target at JPMorgan Chase & Co.

EverQuote (NASDAQ:EVER) had its target price lowered by JPMorgan Chase & Co. from $32.00 to $22.00 in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

EVER has been the topic of several other reports. B. Riley Financial lowered their price objective on shares of EverQuote from $36.00 to $30.00 and set a “buy” rating on the stock in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of EverQuote in a report on Thursday, January 22nd. Canaccord Genuity Group set a $28.00 price target on EverQuote in a research report on Tuesday. Wall Street Zen lowered EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Zacks Research upgraded EverQuote from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, EverQuote presently has a consensus rating of “Buy” and a consensus target price of $23.83.

EverQuote Stock Up 1.2%

NASDAQ:EVER opened at $15.50 on Tuesday. EverQuote has a twelve month low of $13.93 and a twelve month high of $30.03. The firm has a market capitalization of $557.32 million, a price-to-earnings ratio of 5.87 and a beta of 0.50. The stock’s 50 day moving average price is $22.30 and its two-hundred day moving average price is $23.24.

EverQuote (NASDAQ:EVER) last released its earnings results on Monday, February 23rd. The company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $0.35 by $1.19. The business had revenue of $195.32 million during the quarter, compared to analysts’ expectations of $176.82 million. EverQuote had a net margin of 14.34% and a return on equity of 64.05%. The firm’s revenue was up 32.3% on a year-over-year basis. During the same period last year, the business earned $0.33 earnings per share. As a group, analysts anticipate that EverQuote will post 0.72 earnings per share for the current year.

Insider Transactions at EverQuote

In other news, CEO Jayme Mendal sold 14,360 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $14.98, for a total value of $215,112.80. Following the transaction, the chief executive officer owned 541,777 shares of the company’s stock, valued at approximately $8,115,819.46. This represents a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jon Ayotte sold 3,639 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $26.76, for a total value of $97,379.64. Following the transaction, the chief accounting officer owned 49,233 shares in the company, valued at approximately $1,317,475.08. This trade represents a 6.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 58,449 shares of company stock worth $1,342,907. Insiders own 25.52% of the company’s stock.

Institutional Investors Weigh In On EverQuote

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

Key Headlines Impacting EverQuote

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: Q4 earnings and full-year results materially beat expectations — Q4 revenue rose ~32% to $195.3M and EPS was $1.54 (vs. $0.35 consensus); full‑year revenue grew 38% and Adjusted EBITDA jumped 62%. The company also announced a $50M share repurchase program and ended 2025 with ~$171M cash. EverQuote Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analyst / ranking momentum: Zacks upgraded EVER to a Rank #1 (Strong Buy), reflecting optimism on earnings upside — a near-term positive for sentiment and flows. All You Need to Know About EverQuote (EVER) Rating Upgrade to Strong Buy
• Neutral Sentiment: Some analysts trimmed price targets while keeping bullish ratings (JPMorgan cut PT to $22 but kept an “overweight”; B. Riley and Needham also lowered PTs but maintained buy ratings). These mixed moves leave institutional guidance views positive but less aggressive. JPMorgan price target cut coverage
• Negative Sentiment: Q1 2026 revenue guidance came in below consensus — company guided $175M–$185M vs. Street ~$193.9M, which likely drove earlier weakness despite the beat. Guidance shortfall increases near‑term uncertainty. EverQuote Announces Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Insider selling: CEO Jayme Mendal sold ~14.4k shares (~$215k) and CAO Jon Ayotte sold shares this week — continued insider sales (and a history of sales noted in filings) can be a negative signal for some investors. CEO insider sale SEC filing
• Negative Sentiment: Strategic/competitive risk from AI highlighted by a recent downgrade — analysts warn AI chatbots and direct carrier integrations could disrupt EverQuote’s lead-gen model; variable marketing margin compression is already a near-term operational headwind. EverQuote: AI Risk Is More Pressing Here (Downgrade)

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.