EverQuote (NASDAQ:EVER) Price Target Lowered to $30.00 at B. Riley Financial

EverQuote (NASDAQ:EVER) had its target price lowered by B. Riley Financial from $36.00 to $30.00 in a research note published on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also weighed in on the stock. Zacks Research upgraded shares of EverQuote from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Craig Hallum reaffirmed a “buy” rating and issued a $20.00 price objective on shares of EverQuote in a research report on Tuesday. JPMorgan Chase & Co. raised their price target on shares of EverQuote from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a report on Thursday, January 22nd. Finally, Canaccord Genuity Group set a $28.00 price objective on EverQuote in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $23.83.

EverQuote Trading Up 1.2%

Shares of EverQuote stock opened at $15.50 on Tuesday. The company has a market capitalization of $557.32 million, a P/E ratio of 5.87 and a beta of 0.50. The stock has a fifty day simple moving average of $22.30 and a 200 day simple moving average of $23.24. EverQuote has a 12-month low of $13.93 and a 12-month high of $30.03.

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

Insider Buying and Selling at EverQuote

In related news, CTO David Brainard sold 5,709 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $25.05, for a total transaction of $143,010.45. Following the sale, the chief technology officer directly owned 101,603 shares in the company, valued at approximately $2,545,155.15. This represents a 5.32% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jayme Mendal sold 14,360 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $14.98, for a total value of $215,112.80. Following the completion of 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 58,449 shares of company stock worth $1,342,907. 25.52% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EverQuote

Institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. increased its position in shares of EverQuote by 31.6% in the fourth quarter. Invesco Ltd. now owns 49,143 shares of the company’s stock worth $1,327,000 after purchasing an additional 11,808 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of EverQuote by 40.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 13,343 shares of the company’s stock worth $360,000 after acquiring an additional 3,813 shares during the last quarter. NewEdge Advisors LLC grew its position in EverQuote by 484.3% in the fourth quarter. NewEdge Advisors LLC now owns 13,223 shares of the company’s stock worth $357,000 after acquiring an additional 10,960 shares in the last quarter. Zacks Investment Management raised its position in EverQuote by 1.2% during the fourth quarter. Zacks Investment Management now owns 66,281 shares of the company’s stock valued at $1,790,000 after purchasing an additional 782 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in EverQuote during the fourth quarter valued at about $265,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Key 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.