Oppenheimer Has Lowered Expectations for EverCommerce (NASDAQ:EVCM) Stock Price

Key Points

• Oppenheimer cut its EverCommerce price target from $13 to $11 but maintained an “outperform” rating, implying about 38% upside from the prior close. Across analysts, the consensus rating is “Reduce,” with an average target of $9.83.
• EverCommerce’s latest quarterly results missed expectations: EPS was $0.03 versus $0.16 forecast, while revenue of $151.45 million fell short of estimates despite growing 2.6% year over year.
• Shares fell 4.7% on Friday to $7.96. Other recent analyst moves included Deutsche Bank downgrading the stock to “hold” and lowering its target to $7.

EverCommerce (NASDAQ:EVCM - Get Free Report) had its price target reduced by research analysts at Oppenheimer from $13.00 to $11.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Oppenheimer's price target points to a potential upside of 38.19% from the stock's previous close.

EVCM has been the topic of a number of other reports. Weiss Ratings lowered EverCommerce from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday. Royal Bank Of Canada lowered their target price on EverCommerce from $11.00 to $10.00 and set a "sector perform" rating on the stock in a research note on Thursday, August 6th. Wall Street Zen downgraded shares of EverCommerce from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 26th. Barclays raised their price objective on shares of EverCommerce from $8.50 to $10.00 and gave the stock an "underweight" rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of EverCommerce from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $12.00 to $7.00 in a research report on Friday. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $9.83.

EverCommerce Stock Down 4.7%

Shares of NASDAQ:EVCM traded down $0.39 during midday trading on Friday, hitting $7.96. 66,930 shares of the company's stock were exchanged, compared to its average volume of 143,259. 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 50 day moving average price of $8.59 and a 200-day moving average price of $10.26. The company has a market cap of $1.41 billion, a PE ratio of 44.22, a price-to-earnings-growth ratio of 0.83 and a beta of 0.63. EverCommerce has a 12 month low of $6.01 and a 12 month high of $14.41.

EverCommerce (NASDAQ:EVCM - Get Free Report) last posted 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). The business had revenue of $151.45 million during the quarter, compared to analyst estimates of $152.91 million. EverCommerce had a return on equity of 3.95% and a net margin of 5.69%. The company's revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.03) EPS. On average, sell-side analysts anticipate that EverCommerce will post 0.52 EPS for the current fiscal year.

Insiders Place Their Bets

In other EverCommerce news, Director Eric Remer sold 47,353 shares of the firm's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $8.24, for a total value of $390,188.72. Following the sale, the director owned 5,022,792 shares of the company's stock, valued at $41,387,806.08. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 431,327 shares of company stock valued at $4,069,251. 10.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EverCommerce

Hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of EverCommerce during the 2nd quarter worth $10,724,000. Black Diamond Financial LLC bought a new position in EverCommerce in the third quarter valued at $2,464,000. CoreCap Advisors LLC bought a new position in EverCommerce in the second quarter valued at $2,716,000. Bank of New York Mellon Corp bought a new position in EverCommerce in the second quarter valued at $324,000. Finally, Bank of America Corp DE raised its position in EverCommerce by 202.9% during the first quarter. Bank of America Corp DE now owns 47,848 shares of the company's stock valued at $547,000 after purchasing an additional 32,053 shares in the last quarter. 97.91% of the stock is currently owned by institutional investors.

More EverCommerce News

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Revenue increased 2.6% year over year to $151.45 million, showing continued growth, though it was slightly below the $152.91 million consensus estimate. EverCommerce Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Quarterly earnings missed expectations: EverCommerce reported EPS of $0.03 versus the $0.16 consensus estimate. The earnings shortfall, alongside the revenue miss, raises concerns about near-term performance. EverCommerce Lags Q3 Earnings and Revenue Estimates
• Negative Sentiment: Deutsche Bank cut its rating on EVCM from Buy to Hold and set a $7 price target, signaling reduced confidence in the stock’s upside. Deutsche Bank Downgrades EverCommerce to Hold

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.

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