Zacks Research Analysts Cut Earnings Estimates for EverQuote

Key Points

• Zacks trimmed several near‑term quarterly EPS estimates for EverQuote (Q1 2026 cut to $0.43 from $0.45) but kept a "Hold" rating while raising longer‑term FY2026–FY2028 forecasts, signaling a mixed near‑term versus mid‑term view.
• EverQuote reported a strong quarter on Feb. 23 (GAAP EPS $1.54 vs. $0.35 consensus; revenue $195.3M vs. $176.8M) even as the stock trades near $15.83 and multiple brokers have reduced price targets, leaving an average target of $23.83 and a consensus of "Moderate Buy."
• Insiders have been selling (CEO and CTO sales among 55,249 shares sold last quarter worth ~$1.24M), with insiders owning 25.52% and institutional investors holding about 91.54% of the stock.

EverQuote, Inc. (NASDAQ:EVER - Free Report) - Equities researchers at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for shares of EverQuote in a note issued to investors on Monday, March 9th. Zacks Research analyst Team now anticipates that the company will earn $0.43 per share for the quarter, down from their previous estimate of $0.45. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for EverQuote's current full-year earnings is $0.72 per share. Zacks Research also issued estimates for EverQuote's Q2 2026 earnings at $0.42 EPS, Q1 2027 earnings at $0.38 EPS, Q2 2027 earnings at $0.34 EPS, Q4 2027 earnings at $0.90 EPS and FY2028 earnings at $2.47 EPS.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its earnings results on Monday, February 23rd. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $0.35 by $1.19. The business had revenue of $195.32 million for the quarter, compared to the consensus estimate of $176.82 million. EverQuote had a return on equity of 57.65% and a net margin of 14.34%.EverQuote's revenue was up 32.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 EPS.

A number of other brokerages have also recently issued reports on EVER. Needham & Company LLC decreased their price objective on shares of EverQuote from $40.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday, February 24th. Canaccord Genuity Group cut their target price on EverQuote from $33.00 to $28.00 and set a "buy" rating on the stock in a research note on Tuesday, February 24th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of EverQuote in a research report on Thursday, January 22nd. JPMorgan Chase & Co. dropped their price target on shares of EverQuote from $32.00 to $22.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 24th. Finally, Raymond James Financial reiterated an "outperform" rating and set a $18.00 target price on shares of EverQuote in a research note on Tuesday, February 17th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, EverQuote currently has an average rating of "Moderate Buy" and an average target price of $23.83.

EverQuote Stock Down 2.5%

EVER stock opened at $15.83 on Wednesday. The company has a market cap of $570.35 million, a P/E ratio of 6.00 and a beta of 0.54. EverQuote has a twelve month low of $13.93 and a twelve month high of $30.03. The business has a fifty day moving average of $20.20 and a 200-day moving average of $22.75.

Insider Transactions at EverQuote

In related news, CEO Jayme Mendal sold 14,360 shares of the business's stock in a transaction on Friday, February 20th. The stock was sold at an average price of $14.98, for a total transaction of $215,112.80. Following the sale, the chief executive officer owned 541,777 shares in the company, valued at $8,115,819.46. The trade was a 2.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO David Brainard sold 5,709 shares of the firm's stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $25.05, for a total value of $143,010.45. Following the transaction, the chief technology officer directly owned 101,603 shares of the company's stock, valued at approximately $2,545,155.15. This represents a 5.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 55,249 shares of company stock valued at $1,238,364 over the last quarter. 25.52% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Ameritas Investment Partners Inc. increased its stake in shares of EverQuote by 25.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company's stock worth $68,000 after purchasing an additional 573 shares during the last quarter. Versant Capital Management Inc increased its holdings in EverQuote by 108.9% during the 3rd quarter. Versant Capital Management Inc now owns 1,153 shares of the company's stock worth $26,000 after acquiring an additional 601 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of EverQuote by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company's stock worth $393,000 after buying an additional 624 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of EverQuote by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,204 shares of the company's stock valued at $392,000 after acquiring an additional 675 shares during the last quarter. Finally, Comerica Bank increased its holdings in shares of EverQuote by 235.4% in the 3rd quarter. Comerica Bank now owns 1,100 shares of the company's stock worth $25,000 after buying an additional 772 shares during the last quarter. 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: Zacks raised longer‑term earnings power — FY2026 EPS was increased to $1.89 (from $1.76) and FY2027 to $2.24; Zacks also issued a FY2028 forecast of $2.47, suggesting stronger mid‑to‑longer‑term profitability expectations. MarketBeat EverQuote Coverage
• Positive Sentiment: Certain later quarters were revised up (examples: Q4 2026 and Q3 2027 estimates were raised), indicating Zacks sees better performance in the back half of the year(s). MarketBeat EverQuote Coverage
• Neutral Sentiment: Zacks retained a "Hold" rating despite mixed estimate changes, and the broader consensus full‑year estimate cited remains lower (~$0.72), highlighting a divergence between Zacks' multi‑year view and current street consensus. MarketBeat EverQuote Coverage
• Neutral Sentiment: A MarketBeat short‑interest note shows zero shares reported for March (appears to be a data anomaly), so short‑interest signals are not reliable from this release. MarketBeat EverQuote Coverage
• Negative Sentiment: Zacks trimmed several near‑term quarterly forecasts: Q1 2026 (0.45 → 0.43), Q2 2026 (0.43 → 0.42), and more material cuts to Q1 2027 (0.55 → 0.38) and Q2 2027 (0.45 → 0.34). Those near‑term downgrades can pressure the stock as investors often focus on upcoming quarterly visibility. MarketBeat EverQuote Coverage

EverQuote Company Profile

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.

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