EverQuote (NASDAQ:EVER) Raised to Strong-Buy at Zacks Research

EverQuote (NASDAQ:EVER) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,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 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. Weiss Ratings restated a “hold (c)” rating on shares of EverQuote in a research report on Wednesday, October 8th. Needham & Company LLC raised their price target on EverQuote from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. raised their price target on EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $33.75.

EverQuote Price Performance

Shares of EVER opened at $24.99 on Tuesday. The stock has a market capitalization of $912.38 million, a price-to-earnings ratio of 17.48 and a beta of 0.53. EverQuote has a 1 year low of $16.63 and a 1 year high of $30.03. The business’s 50 day simple moving average is $22.44 and its 200-day simple moving average is $23.55.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.13. The business had revenue of $173.94 million for the quarter, compared to analysts’ expectations of $166.09 million. EverQuote had a return on equity of 39.65% and a net margin of 8.36%.The company’s revenue for the quarter was up 20.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS. EverQuote has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that EverQuote will post 0.72 earnings per share for the current year.

Insiders Place Their Bets

In other news, major shareholder Ventures Lllp Link sold 900,000 shares of the firm’s stock in a transaction on Sunday, August 10th. The stock was sold at an average price of $23.33, for a total transaction of $20,997,000.00. Following the transaction, the insider owned 2,598,154 shares in the company, valued at approximately $60,614,932.82. This trade represents a 25.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John L. Shields sold 2,000 shares of the firm’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $20.78, for a total value of $41,560.00. Following the transaction, the director owned 27,219 shares in the company, valued at approximately $565,610.82. This represents a 6.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 958,113 shares of company stock valued at $22,295,496. Insiders own 25.52% of the company’s stock.

Hedge Funds Weigh In On EverQuote

Several institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc boosted its position in EverQuote by 108.9% during the third quarter. Versant Capital Management Inc now owns 1,153 shares of the company’s stock valued at $26,000 after purchasing an additional 601 shares in the last quarter. Jones Financial Companies Lllp boosted its position in EverQuote by 595.8% during the third quarter. Jones Financial Companies Lllp now owns 2,623 shares of the company’s stock valued at $62,000 after purchasing an additional 2,246 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in EverQuote by 25.8% during the second quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company’s stock valued at $68,000 after purchasing an additional 573 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in EverQuote by 271.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,259 shares of the company’s stock valued at $79,000 after purchasing an additional 2,381 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its position in EverQuote by 28.7% during the second quarter. Asset Management One Co. Ltd. now owns 4,682 shares of the company’s stock valued at $113,000 after purchasing an additional 1,044 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.