EverCommerce (NASDAQ:EVCM) Stock Rating Raised to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded EverCommerce from “Buy” to “Strong Buy,” though broader analyst sentiment remains mixed: MarketBeat reports a consensus “Reduce” rating and an average price target of $8.67.
• Several analysts lowered price targets, including Oppenheimer to $11 and Canaccord to $9, while Deutsche Bank downgraded the stock to “Hold” and set a $7 target.
• EverCommerce’s latest quarter missed earnings and revenue estimates: EPS was $0.03 versus $0.16 expected, and revenue was $151.45 million versus $152.91 million, though revenue grew 2.6% year over year. Management indicated 2026 revenue of about $600 million and adjusted EBITDA of about $170 million.

EverCommerce (NASDAQ:EVCM - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other brokerages also recently issued reports on EVCM. Oppenheimer dropped their price target on shares of EverCommerce from $13.00 to $11.00 and set an "outperform" rating on the stock in a report on Friday. Canaccord Genuity Group dropped their target price on EverCommerce from $13.00 to $9.00 and set a "buy" rating for the company in a research note on Friday. Weiss Ratings cut shares of EverCommerce from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday. Barclays increased their price objective on shares of EverCommerce from $8.50 to $10.00 and gave the company an "underweight" rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of EverCommerce from a "buy" rating to a "hold" rating and decreased their target price for the company from $12.00 to $7.00 in a research report on Friday. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, EverCommerce presently has an average rating of "Reduce" and a consensus price target of $8.67.

EverCommerce Stock Down 1.6%

Shares of EVCM opened at $8.22 on Friday. EverCommerce has a 1 year low of $6.01 and a 1 year high of $14.41. The business's 50 day simple moving average is $8.56 and its 200-day simple moving average is $10.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 2.14. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 54.80, a price-to-earnings-growth ratio of 0.84 and a beta of 0.63.

EverCommerce (NASDAQ:EVCM - Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by ($0.13). EverCommerce had a net margin of 5.69% and a return on equity of 3.95%. The firm had revenue of $151.45 million during the quarter, compared to analyst estimates of $152.91 million. During the same quarter in the previous year, the business posted ($0.03) EPS. EverCommerce's revenue was up 2.6% compared to the same quarter last year. As a group, equities analysts expect that EverCommerce will post 0.52 earnings per share for the current fiscal year.

Insider Buying and Selling at EverCommerce

In other news, President Matthew Feierstein sold 10,000 shares of EverCommerce stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $10.00, for a total value of $100,000.00. Following the sale, the president owned 1,961,214 shares in the company, valued at $19,612,140. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Remer sold 6,354 shares of the company's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $8.07, for a total transaction of $51,276.78. Following the transaction, the director directly owned 5,011,125 shares in the company, valued at $40,439,778.75. The trade was a 0.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 431,327 shares of company stock valued at $4,069,251 in the last quarter. 10.10% of the stock is currently owned by company insiders.

Institutional Trading of EverCommerce

Large investors have recently bought and sold shares of the business. Ethic Inc. purchased a new position in EverCommerce during the 3rd quarter valued at $88,000. Black Diamond Financial LLC purchased a new stake in shares of EverCommerce during the 3rd quarter worth $2,464,000. Engineers Gate Manager LP raised its stake in shares of EverCommerce by 16.7% during the second quarter. Engineers Gate Manager LP now owns 20,821 shares of the company's stock valued at $209,000 after purchasing an additional 2,982 shares during the period. Bank of America Corp DE acquired a new stake in shares of EverCommerce during the 2nd quarter valued at $125,000. Finally, BlackRock Inc. acquired a new stake in shares of EverCommerce in the second quarter worth $10,724,000. 97.91% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting EverCommerce

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Management indicated full-year 2026 revenue of about $600 million and adjusted EBITDA of about $170 million. The outlook offers investors a view of expected scale and profitability, though the company also plans to ramp up investments in Q4. Article: EverCommerce signals 2026 outlook
• Positive Sentiment: Oppenheimer lowered its target to $11 from $13 but maintained an Outperform rating; Canaccord cut its target to $9 from $13 and kept a Buy rating. Both firms remain positive on the shares despite reducing their estimates. Article: Oppenheimer price target Article: Canaccord price target
• Negative Sentiment: Q3 adjusted earnings were reported at $0.03 per share, below the $0.16 consensus, while revenue of $151.45 million also fell short of the $152.91 million estimate. Revenue was up 2.6% year over year, but the earnings miss may weigh on sentiment. Article: EverCommerce Q3 results
• Negative Sentiment: Deutsche Bank downgraded EVCM from Buy to Hold with a $7 target, and RBC cut its target from $10 to $7 while maintaining Sector Perform. The lower targets and Deutsche’s downgrade signal reduced analyst confidence. Article: Deutsche Bank downgrade Article: RBC price target

EverCommerce Company Profile

EverCommerce, Inc is a software and technology company that provides integrated, cloud-based solutions for service-oriented small and midsize businesses. Its platforms are designed to help businesses manage operations, customer relationships, payments, marketing and other administrative functions through specialized applications tailored to specific industries.

The company serves a broad range of vertical markets, including home and field services, health and wellness, fitness, education, professional services and other appointment- or membership-based businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.