EverCommerce (NASDAQ:EVCM) Stock Price Target Lowered at Canaccord Genuity Group

EverCommerce (NASDAQ:EVCM) had its target price lowered by Canaccord Genuity Group from $13.00 to $9.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on EVCM. Deutsche Bank Aktiengesellschaft lowered shares of EverCommerce from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $12.00 to $7.00 in a report on Friday. Barclays boosted their price target on EverCommerce from $8.50 to $10.00 and gave the stock an “underweight” rating in a report on Thursday, August 6th. Royal Bank Of Canada dropped their price objective on shares of EverCommerce from $10.00 to $7.00 and set a “sector perform” rating for the company in a research note on Friday. Wall Street Zen cut EverCommerce from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 26th. Finally, Weiss Ratings lowered EverCommerce from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, EverCommerce has a consensus rating of “Reduce” and a consensus target price of $8.67.

EverCommerce Trading Down 1.6%

NASDAQ EVCM traded down $0.13 on Friday, hitting $8.22. The company’s stock had a trading volume of 152,151 shares, compared to its average volume of 91,623. The company’s 50-day simple moving average is $8.56 and its 200 day simple moving average is $10.25. EverCommerce has a 52-week low of $6.01 and a 52-week high of $14.41. The firm has a market cap of $1.45 billion, a P/E ratio of 54.80, a PEG ratio of 0.84 and a beta of 0.63. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.72.

EverCommerce (NASDAQ:EVCM) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.13). EverCommerce had a return on equity of 3.95% and a net margin of 5.69%. The firm had revenue of $151.45 million during the quarter, compared to the consensus estimate of $152.91 million. During the same quarter last year, the company posted ($0.03) EPS. EverCommerce’s revenue for the quarter was up 2.6% compared to the same quarter last year. Research analysts predict that EverCommerce will post 0.52 EPS for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On EverCommerce

Large investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP increased 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 buying an additional 2,982 shares during the period. Ethic Inc. purchased a new stake in shares of EverCommerce in the 3rd quarter worth approximately $88,000. Bank of America Corp DE bought a new position in shares of EverCommerce during the second quarter valued at approximately $125,000. Deutsche Bank AG bought a new position in shares of EverCommerce during the second quarter valued at approximately $144,000. Finally, Quantinno Capital Management LP boosted its stake in shares of EverCommerce by 117.7% during the first quarter. Quantinno Capital Management LP now owns 48,290 shares of the company’s stock valued at $552,000 after purchasing an additional 26,109 shares in the last quarter. 97.91% of the stock is owned by hedge funds and other institutional investors.

EverCommerce News Roundup

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.