EverQuote (NASDAQ:EVER) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of EverQuote (NASDAQ:EVER) from a hold rating to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports. Zacks Research also issued estimates for EverQuote’s Q2 2026 earnings at $0.34 EPS, Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.31 EPS and FY2027 earnings at $1.83 EPS.

Other equities research analysts have also issued research reports about the company. Wall Street Zen lowered EverQuote from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Needham & Company LLC lifted their price objective on EverQuote from $38.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. lifted their price objective on EverQuote from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, EverQuote currently has a consensus rating of “Buy” and a consensus price target of $33.75.

EverQuote Stock Up 2.9%

NASDAQ EVER opened at $24.99 on Tuesday. EverQuote has a 52-week low of $16.63 and a 52-week high of $30.03. The business’s 50-day moving average price is $22.44 and its 200 day moving average price is $23.55. The firm has a market cap of $912.38 million, a P/E ratio of 17.48 and a beta of 0.53.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. EverQuote had a return on equity of 39.65% and a net margin of 8.36%.The company had revenue of $173.94 million for the quarter, compared to analyst estimates of $166.09 million. During the same quarter in the previous year, the company earned $0.31 EPS. The firm’s revenue for the quarter was up 20.3% compared to the same quarter last year. EverQuote has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that EverQuote will post 0.72 earnings per share for the current year.

Insider Activity at EverQuote

In related news, General Counsel Julia Brncic sold 1,436 shares of EverQuote stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $23.51, for a total transaction of $33,760.36. Following the completion of the transaction, the general counsel directly owned 119,676 shares in the company, valued at $2,813,582.76. The trade was a 1.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Ventures Lllp Link sold 900,000 shares of EverQuote stock in a transaction that occurred on Sunday, August 10th. The stock was sold at an average price of $23.33, for a total value of $20,997,000.00. Following the transaction, the insider owned 2,598,154 shares of the company’s stock, valued at $60,614,932.82. This represents a 25.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 958,113 shares of company stock worth $22,295,496. 25.52% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EVER. Concurrent Investment Advisors LLC acquired a new position in shares of EverQuote during the 1st quarter worth approximately $244,000. Envestnet Asset Management Inc. purchased a new stake in shares of EverQuote in the first quarter valued at $983,000. Linden Thomas Advisory Services LLC purchased a new stake in shares of EverQuote in the first quarter valued at $216,000. Alps Advisors Inc. purchased a new stake in shares of EverQuote in the first quarter valued at $335,000. Finally, Cornerstone Investment Partners LLC purchased a new stake in shares of EverQuote in the first quarter valued at $225,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

EverQuote Company Profile

EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company offers auto, home and renters, and life insurance. The company serves carriers and agents, as well as indirect distributors. The company was formerly known as AdHarmonics, Inc, and changed its name to EverQuote, Inc in November 2014.