EverCommerce (NASDAQ:EVCM) Price Target Lowered to $8.00 at The Goldman Sachs Group

EverCommerce (NASDAQ:EVCM) had its target price trimmed by The Goldman Sachs Group from $9.00 to $8.00 in a research report report published on Friday morning,Benzinga reports. The brokerage currently has a sell rating on the stock.

A number of other research firms have also recently issued reports on EVCM. Citizens Jmp cut EverCommerce from an “outperform” rating to a “market perform” rating in a research note on Friday. Royal Bank Of Canada dropped their price target on EverCommerce from $12.00 to $11.00 and set a “sector perform” rating on the stock in a research report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of EverCommerce in a report on Thursday, January 22nd. Oppenheimer reiterated an “outperform” rating on shares of EverCommerce in a research report on Friday. Finally, Zacks Research cut EverCommerce from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, EverCommerce presently has a consensus rating of “Reduce” and a consensus price target of $10.71.

EverCommerce Trading Down 16.6%

EVCM opened at $10.05 on Friday. The firm’s fifty day moving average is $11.46 and its two-hundred day moving average is $11.10. The firm has a market cap of $1.80 billion, a PE ratio of 111.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.04. EverCommerce has a twelve month low of $7.66 and a twelve month high of $14.41. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.02 and a current ratio of 2.02.

EverCommerce (NASDAQ:EVCM) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). EverCommerce had a net margin of 2.99% and a return on equity of 2.47%. The firm had revenue of $151.15 million during the quarter, compared to analyst estimates of $150.06 million. During the same period last year, the firm earned ($0.07) EPS. EverCommerce’s quarterly revenue was up 5.2% on a year-over-year basis. Equities research analysts anticipate that EverCommerce will post -0.17 EPS for the current year.

Insiders Place Their Bets

In other EverCommerce news, CEO Eric Richard Remer sold 19,200 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $11.52, for a total transaction of $221,184.00. Following the completion of the transaction, the chief executive officer owned 2,760,818 shares in the company, valued at approximately $31,804,623.36. This represents a 0.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders have sold 329,197 shares of company stock valued at $3,836,391. 10.40% of the stock is currently owned by corporate insiders.

Institutional Trading of EverCommerce

A number of institutional investors have recently modified their holdings of the company. Barclays PLC boosted its position in shares of EverCommerce by 5.1% during the fourth quarter. Barclays PLC now owns 22,854 shares of the company’s stock worth $277,000 after buying an additional 1,101 shares during the period. Prudential Financial Inc. raised its position in EverCommerce by 9.6% in the 2nd quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock valued at $142,000 after buying an additional 1,190 shares during the last quarter. Federated Hermes Inc. raised its position in EverCommerce by 118.3% in the 3rd quarter. Federated Hermes Inc. now owns 3,076 shares of the company’s stock valued at $34,000 after buying an additional 1,667 shares during the last quarter. American Century Companies Inc. lifted its stake in EverCommerce by 19.8% in the 2nd quarter. American Century Companies Inc. now owns 27,649 shares of the company’s stock valued at $290,000 after acquiring an additional 4,576 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in EverCommerce by 76.8% in the 4th quarter. Wells Fargo & Company MN now owns 16,311 shares of the company’s stock valued at $198,000 after acquiring an additional 7,085 shares in the last quarter. 97.91% of the stock is currently owned by institutional investors.

Trending Headlines about EverCommerce

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: AI product traction — Management highlighted new AI offerings (EverHealth Scribe) and partnerships that support the company’s pivot to higher‑margin, product‑led growth. Read More.
• Positive Sentiment: Gross‑profit improvement — Reported gross profit expanded sharply in the quarter, which could indicate improving unit economics if sustainable. Read More.
• Positive Sentiment: Balance‑sheet buffer — Management reported roughly $130M of cash and equivalents, providing runway to invest in AI initiatives without immediate financing pressure. Read More.
• Neutral Sentiment: Earnings materials available — Full Q4 call transcript and slide deck were posted; upcoming management commentary on AI adoption, churn and pipeline will be key to near‑term sentiment. Read More.
• Negative Sentiment: EPS miss — Q4 EPS of $0.03 missed consensus (~$0.04), disappointing investors focused on near‑term profitability despite year‑over‑year improvement from a loss a year ago. Read More.
• Negative Sentiment: Guidance below street expectations — Q1 revenue guidance ($145.5M–$148.5M) and FY‑2026 revenue range ($612M–$632M) are under the consensus figure, raising short‑term growth concerns and repricing risk. Read More.
• Negative Sentiment: Analyst downgrades & lower targets — Multiple firms trimmed price targets and ratings (RBC, Goldman/others noted), which reduces buy‑side support and amplifies downside pressure. Read More.
• Negative Sentiment: Insider selling & institutional outflows — CEO disclosed multiple recent sales and third‑party data show institutional reductions, which can sap sentiment even if some sales are routine. Read More.

About EverCommerce

EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.

The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.