Everest Group (NYSE:EG – Get Free Report) had its target price lifted by stock analysts at Barclays from $377.00 to $380.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 13.12% from the stock’s previous close.
A number of other equities analysts have also weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Everest Group in a research note on Thursday, January 22nd. Mizuho set a $360.00 price target on Everest Group in a research note on Wednesday, February 11th. UBS Group restated a “buy” rating and issued a $345.00 price target on shares of Everest Group in a report on Monday, January 12th. Evercore set a $365.00 price objective on Everest Group in a report on Wednesday, January 7th. Finally, Wells Fargo & Company decreased their price objective on Everest Group from $332.00 to $310.00 and set an “equal weight” rating for the company in a report on Friday, February 6th. Six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Everest Group currently has a consensus rating of “Hold” and an average target price of $361.00.
Get Our Latest Stock Analysis on Everest Group
Everest Group Stock Performance
Everest Group (NYSE:EG – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported $13.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $13.36 by ($0.10). Everest Group had a return on equity of 12.50% and a net margin of 9.09%.The company had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the prior year, the company earned ($18.39) EPS. The firm’s revenue was down 4.6% on a year-over-year basis. On average, analysts forecast that Everest Group will post 47.93 EPS for the current fiscal year.
Institutional Investors Weigh In On Everest Group
Large investors have recently made changes to their positions in the stock. Root Financial Partners LLC bought a new stake in Everest Group during the third quarter worth $30,000. Activest Wealth Management bought a new position in shares of Everest Group in the 4th quarter valued at about $34,000. Raiffeisen Bank International AG acquired a new position in shares of Everest Group during the 4th quarter worth about $34,000. UMB Bank n.a. increased its stake in shares of Everest Group by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after purchasing an additional 48 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of Everest Group in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 92.64% of the company’s stock.
Key Headlines Impacting Everest Group
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Barclays raised its price target to $380 and kept an “overweight” rating, implying roughly 13.1% upside vs. the current share price — a clear bullish catalyst for EG. Barclays raises PT to $380
- Neutral Sentiment: Coverage noting Everest’s role in enterprise transformation and its representation in S&P 500 discussions highlights strategic relevance but is not an immediate earnings driver. Everest reflects enterprise transformation activity in S&P 500
- Neutral Sentiment: Pre-earnings coverage outlines what to watch in Everest’s upcoming Q1 report (guidance, margins, and revenue trends) — useful for positioning but not a direct price catalyst until results/guidance are released. What to expect from Q1
- Neutral Sentiment: MarketWatch noted the stock rose but still underperformed the broader market recently — a reminder the uptick is modest and sentiment remains mixed. MarketWatch coverage
- Negative Sentiment: Wells Fargo cut its price target to $304 and set an “equal weight” rating, signaling about a 9.5% downside from current levels and adding near-term selling pressure. Wells Fargo lowers PT to $304
- Negative Sentiment: Keefe, Bruyette & Woods lowered expectations for EG, contributing additional bearish analyst sentiment and potential downside risk if other firms follow. KBW lowers expectations
About Everest Group
Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.
With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.
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