EverCommerce (NASDAQ:EVCM – Get Free Report) had its price objective decreased by stock analysts at The Goldman Sachs Group from $9.00 to $8.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “sell” rating on the stock. The Goldman Sachs Group’s price target indicates a potential downside of 20.40% from the stock’s previous close.
A number of other brokerages have also recently commented on EVCM. Royal Bank Of Canada dropped their target price on shares of EverCommerce from $12.00 to $11.00 and set a “sector perform” rating on the stock in a report on Friday. Raymond James Financial lowered shares of EverCommerce from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Oppenheimer reissued an “outperform” rating on shares of EverCommerce in a research report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of EverCommerce in a report on Thursday, January 22nd. Finally, Zacks Research downgraded shares of EverCommerce from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $10.71.
View Our Latest Stock Report on EVCM
EverCommerce Stock Down 16.6%
EverCommerce (NASDAQ:EVCM – Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $151.15 million during the quarter, compared to analysts’ expectations of $150.06 million. EverCommerce had a return on equity of 2.47% and a net margin of 2.99%.EverCommerce’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.07) earnings per share. As a group, analysts forecast that EverCommerce will post -0.17 earnings per share for the current fiscal year.
Insider Buying and Selling at EverCommerce
In other news, CEO Eric Richard Remer sold 19,200 shares of EverCommerce stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $11.52, for a total value of $221,184.00. Following the completion of the transaction, the chief executive officer owned 2,760,818 shares of the company’s stock, valued at $31,804,623.36. The trade was a 0.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 329,197 shares of company stock worth $3,836,391 in the last ninety days. 10.40% of the stock is owned by company insiders.
Institutional Trading of EverCommerce
Institutional investors have recently bought and sold shares of the company. Barclays PLC increased its stake in EverCommerce by 5.1% during the 4th quarter. Barclays PLC now owns 22,854 shares of the company’s stock valued at $277,000 after purchasing an additional 1,101 shares in the last quarter. Prudential Financial Inc. raised its holdings in EverCommerce by 9.6% in the second quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock worth $142,000 after buying an additional 1,190 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of EverCommerce by 118.3% in the third quarter. Federated Hermes Inc. now owns 3,076 shares of the company’s stock worth $34,000 after buying an additional 1,667 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of EverCommerce by 19.8% in the second quarter. American Century Companies Inc. now owns 27,649 shares of the company’s stock worth $290,000 after buying an additional 4,576 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of EverCommerce by 76.8% during the fourth quarter. Wells Fargo & Company MN now owns 16,311 shares of the company’s stock valued at $198,000 after buying an additional 7,085 shares during the last quarter. 97.91% of the stock is owned by hedge funds and other institutional investors.
EverCommerce News Summary
Here are the key news stories impacting EverCommerce this week:
- Positive Sentiment: AI product traction — Management highlighted new AI offerings (EverHealth Scribe) and partnerships that support the company’s pivot to higher‑margin, product‑led growth. Read More.
- Positive Sentiment: Gross‑profit improvement — Reported gross profit expanded sharply in the quarter, which could indicate improving unit economics if sustainable. Read More.
- Positive Sentiment: Balance‑sheet buffer — Management reported roughly $130M of cash and equivalents, providing runway to invest in AI initiatives without immediate financing pressure. Read More.
- Neutral Sentiment: Earnings materials available — Full Q4 call transcript and slide deck were posted; upcoming management commentary on AI adoption, churn and pipeline will be key to near‑term sentiment. Read More.
- Negative Sentiment: EPS miss — Q4 EPS of $0.03 missed consensus (~$0.04), disappointing investors focused on near‑term profitability despite year‑over‑year improvement from a loss a year ago. Read More.
- Negative Sentiment: Guidance below street expectations — Q1 revenue guidance ($145.5M–$148.5M) and FY‑2026 revenue range ($612M–$632M) are under the consensus figure, raising short‑term growth concerns and repricing risk. Read More.
- Negative Sentiment: Analyst downgrades & lower targets — Multiple firms trimmed price targets and ratings (RBC, Goldman/others noted), which reduces buy‑side support and amplifies downside pressure. Read More.
- Negative Sentiment: Insider selling & institutional outflows — CEO disclosed multiple recent sales and third‑party data show institutional reductions, which can sap sentiment even if some sales are routine. Read More.
About EverCommerce
EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.
The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.
Featured Stories
- Five stocks we like better than EverCommerce
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- A personal warning from Martin Weiss (Please read)
Receive News & Ratings for EverCommerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EverCommerce and related companies with MarketBeat.com's FREE daily email newsletter.
