EverQuote (NASDAQ:EVER) Given New $25.00 Price Target at Needham & Company LLC

EverQuote (NASDAQ:EVER) had its price target trimmed by Needham & Company LLC from $40.00 to $25.00 in a research report sent to investors on Tuesday, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts also recently commented on EVER. JPMorgan Chase & Co. lifted 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. Wall Street Zen lowered EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a research note on Thursday, January 22nd. Raymond James Financial reiterated an “outperform” rating and set a $18.00 price objective on shares of EverQuote in a report on Tuesday, February 17th. Finally, Zacks Research raised shares of EverQuote from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $23.83.

EverQuote Price Performance

Shares of NASDAQ EVER opened at $15.50 on Tuesday. The company has a 50-day simple moving average of $22.30 and a 200-day simple moving average of $23.24. The company has a market cap of $557.32 million, a PE ratio of 5.87 and a beta of 0.50. EverQuote has a 12 month low of $13.93 and a 12 month high of $30.03.

EverQuote (NASDAQ:EVER) last announced its earnings results on Monday, February 23rd. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $1.19. The firm had revenue of $195.32 million for the quarter, compared to analyst estimates of $176.82 million. EverQuote had a net margin of 14.34% and a return on equity of 64.05%. EverQuote’s revenue was up 32.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. On average, analysts anticipate that EverQuote will post 0.72 EPS for the current year.

Insider Transactions at EverQuote

In other news, CEO Jayme Mendal sold 14,360 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $14.98, for a total value of $215,112.80. Following the completion of the sale, the chief executive officer owned 541,777 shares of the company’s stock, valued at $8,115,819.46. This represents a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Shields sold 2,000 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $25.73, for a total transaction of $51,460.00. Following the completion of the transaction, the director directly owned 25,219 shares in the company, valued at approximately $648,884.87. This represents a 7.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 58,449 shares of company stock worth $1,342,907 over the last 90 days. Company insiders own 25.52% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EVER. Vanguard Group Inc. grew its stake in shares of EverQuote by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 2,221,494 shares of the company’s stock valued at $59,980,000 after buying an additional 20,156 shares in the last quarter. Lazard Asset Management LLC grew its position in EverQuote by 81.7% in the fourth quarter. Lazard Asset Management LLC now owns 901,207 shares of the company’s stock valued at $24,333,000 after acquiring an additional 405,237 shares in the last quarter. Balyasny Asset Management L.P. lifted its position in shares of EverQuote by 27.4% during the fourth quarter. Balyasny Asset Management L.P. now owns 875,702 shares of the company’s stock worth $23,644,000 after purchasing an additional 188,335 shares in the last quarter. Acadian Asset Management LLC boosted its stake in shares of EverQuote by 1.2% in the second quarter. Acadian Asset Management LLC now owns 866,481 shares of the company’s stock valued at $20,939,000 after purchasing an additional 10,233 shares during the period. Finally, Qube Research & Technologies Ltd grew its holdings in EverQuote by 27.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 800,114 shares of the company’s stock valued at $19,347,000 after purchasing an additional 171,787 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

More EverQuote News

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)

About EverQuote

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.