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DOW   33,093.34
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Stock market today: Global shares mixed as investors await debt ceiling vote, eye China economy
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Krystal Clear: Krystal Biotech Clears Resistance in Good Volume
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
New "Mined in America" Lithium Opportunities? (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
Stock market today: Global shares mixed as investors await debt ceiling vote, eye China economy
New "Mined in America" Lithium Opportunities? (Ad)
Workday: Another AI Winner Melting-Up 
Economic boost or big business hand-out? Nevada lawmakers consider A's stadium financing
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Taiwan Semiconductor Well Positioned for the AI Rush
Krystal Clear: Krystal Biotech Clears Resistance in Good Volume
NYSE:ENV

Envestnet (ENV) Stock Forecast, Price & News

$52.68
-0.54 (-1.01%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$52.62
$53.60
50-Day Range
$52.68
$66.31
52-Week Range
$41.72
$69.22
Volume
341,200 shs
Average Volume
406,362 shs
Market Capitalization
$2.87 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$63.75

Envestnet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
21.0% Upside
$63.75 Price Target
Short Interest
Bearish
8.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of Envestnet in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$749,325 Sold Last Quarter
Proj. Earnings Growth
50.41%
From $1.23 to $1.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.54 out of 5 stars

Business Services Sector

307th out of 346 stocks

Business Services, Not Elsewhere Classified Industry

84th out of 92 stocks


ENV stock logo

About Envestnet (NYSE:ENV) Stock

Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through Envestnet Wealth Solutions and Envestnet Data and Analytics segments. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions. The Envestnet Data and Analytics segment is involved in data aggregation and a data analytics platform powering dynamic, cloud-based innovation for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg, William C. Crager, and Brandon Rockwell Thomas in 1999 and is headquartered in Berwyn, PA.

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ENV Stock News Headlines

New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Envestnet Named a Leader in Open Banking
See More Headlines
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ENV Company Calendar

Last Earnings
11/08/2021
Today
5/29/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Internet Software & Services
CUSIP
29404K10
Employees
3,429
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$63.75
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$47.00
Forecasted Upside/Downside
+21.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-80,940,000.00
Pretax Margin
-6.96%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$3.49 per share
Book Value
$13.87 per share

Miscellaneous

Free Float
49,399,000
Market Cap
$2.87 billion
Optionable
Optionable
Beta
1.22

Key Executives

  • Bill Crager
    Chief Executive Officer & Director
  • Joshua David Mayer
    Chief Operating Officer
  • Peter H. D'Arrigo
    Chief Financial Officer
  • Robert Coppola
    Chief Technology Officer
  • Debra DeVoe
    Chief Compliance Officer & Managing Director













ENV Stock - Frequently Asked Questions

Should I buy or sell Envestnet stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ENV shares.
View ENV analyst ratings
or view top-rated stocks.

What is Envestnet's stock price forecast for 2023?

8 Wall Street analysts have issued 1 year target prices for Envestnet's shares. Their ENV share price forecasts range from $47.00 to $80.00. On average, they predict the company's stock price to reach $63.75 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for ENV
or view top-rated stocks among Wall Street analysts.

How have ENV shares performed in 2023?

Envestnet's stock was trading at $61.70 at the beginning of 2023. Since then, ENV stock has decreased by 14.6% and is now trading at $52.68.
View the best growth stocks for 2023 here
.

When is Envestnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ENV earnings forecast
.

How were Envestnet's earnings last quarter?

Envestnet, Inc. (NYSE:ENV) released its quarterly earnings data on Monday, November, 8th. The business services provider reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. The business services provider earned $303.10 million during the quarter, compared to analysts' expectations of $300.78 million. Envestnet had a negative net margin of 8.90% and a positive trailing twelve-month return on equity of 7.31%. The company's revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 earnings per share.

What guidance has Envestnet issued on next quarter's earnings?

Envestnet updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $0.45-$0.46 for the period, compared to the consensus EPS estimate of $0.50. The company issued revenue guidance of $312.00 million-$315.00 million, compared to the consensus revenue estimate of $316.99 million.

What is Bill Crager's approval rating as Envestnet's CEO?

44 employees have rated Envestnet Chief Executive Officer Bill Crager on Glassdoor.com. Bill Crager has an approval rating of 100% among the company's employees. This puts Bill Crager in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Envestnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Crown Castle (CCI), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC).

What is Envestnet's stock symbol?

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Who are Envestnet's major shareholders?

Envestnet's stock is owned by a number of retail and institutional investors. Top institutional investors include Brown Advisory Inc. (2.54%), Stephens Investment Management Group LLC (2.45%), Clearbridge Investments LLC (2.19%), RGM Capital LLC (2.05%), Geode Capital Management LLC (1.90%) and Dimensional Fund Advisors LP (1.70%). Insiders that own company stock include Anil Arora, Barry D Cooper, Brandon Thomas, Joshua Mayer, Matthew Majoros, Shelly O'brien, Stuart Depina and William Crager.
View institutional ownership trends
.

How do I buy shares of Envestnet?

Shares of ENV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Envestnet's stock price today?

One share of ENV stock can currently be purchased for approximately $52.68.

How much money does Envestnet make?

Envestnet (NYSE:ENV) has a market capitalization of $2.87 billion and generates $1.24 billion in revenue each year. The business services provider earns $-80,940,000.00 in net income (profit) each year or ($2.16) on an earnings per share basis.

How many employees does Envestnet have?

The company employs 3,429 workers across the globe.

How can I contact Envestnet?

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The official website for the company is www.envestnet.com. The business services provider can be reached via phone at (312) 827-2800, via email at investor.relations@envestnet.com, or via fax at 312-827-2801.

This page (NYSE:ENV) was last updated on 5/30/2023 by MarketBeat.com Staff

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