EverCommerce (NASDAQ:EVCM) Given New $8.00 Price Target at The Goldman Sachs Group

EverCommerce (NASDAQ:EVCM) had its target price decreased by equities researchers at The Goldman Sachs Group from $9.00 to $8.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “sell” rating on the stock. The Goldman Sachs Group’s target price would indicate a potential downside of 21.07% from the stock’s current price.

A number of other brokerages also recently weighed in on EVCM. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of EverCommerce in a report on Thursday, January 22nd. Citizens Jmp lowered EverCommerce from an “outperform” rating to a “market perform” rating in a research note on Friday. Zacks Research cut EverCommerce from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Royal Bank Of Canada lowered their price target on EverCommerce from $12.00 to $11.00 and set a “sector perform” rating on the stock in a report on Friday. Finally, Oppenheimer restated an “outperform” rating on shares of EverCommerce in a report on Friday. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, EverCommerce has a consensus rating of “Reduce” and an average price target of $10.88.

EverCommerce Trading Down 15.9%

Shares of NASDAQ EVCM traded down $1.92 during midday trading on Friday, reaching $10.14. The stock had a trading volume of 229,558 shares, compared to its average volume of 143,820. The company’s 50 day moving average price is $11.49 and its 200 day moving average price is $11.11. 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. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of -1,024.28, a price-to-earnings-growth ratio of 2.49 and a beta of 1.04.

EverCommerce (NASDAQ:EVCM) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). EverCommerce had a negative net margin of 0.11% and a positive return on equity of 0.04%. The company had revenue of $151.15 million during the quarter, compared to the consensus estimate of $150.06 million. During the same period last year, the firm posted ($0.07) earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, sell-side analysts expect that EverCommerce will post -0.17 EPS for the current year.

Insider Transactions at EverCommerce

In other EverCommerce news, CEO Eric Richard Remer sold 19,200 shares of EverCommerce 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 sale, the chief executive officer owned 2,760,818 shares of the company’s stock, valued at approximately $31,804,623.36. The trade was a 0.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last quarter, insiders have sold 329,197 shares of company stock worth $3,836,391. Corporate insiders own 10.40% of the company’s stock.

Hedge Funds Weigh In On EverCommerce

Large investors have recently made changes to their positions in the stock. Los Angeles Capital Management LLC increased its position in EverCommerce by 136.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 82,142 shares of the company’s stock valued at $862,000 after acquiring an additional 47,470 shares during the period. JPMorgan Chase & Co. boosted its position in shares of EverCommerce by 11.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 112,574 shares of the company’s stock worth $1,107,000 after purchasing an additional 11,996 shares in the last quarter. American Century Companies Inc. grew its position in EverCommerce by 19.8% during the second quarter. American Century Companies Inc. now owns 27,649 shares of the company’s stock worth $290,000 after buying an additional 4,576 shares during the period. Prudential Financial Inc. grew its holdings in shares of EverCommerce by 9.6% in the 2nd quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock worth $142,000 after acquiring an additional 1,190 shares during the period. Finally, Inceptionr LLC purchased a new position in shares of EverCommerce in the second quarter valued at $159,000. 97.91% of the stock is currently owned by institutional investors and hedge funds.

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 a CarePilot partnership that support the company’s AI pivot and potential higher‑margin product-led growth. InsiderMonkey: EverHealth Scribe
• Positive Sentiment: Gross‑profit improvement — reported gross profit jumped materially in the quarter (cited +155% in some summaries), indicating improved cost-of-sales dynamics or reclassification that could support margin expansion if sustainable. QuiverQuant: Q4 results
• Positive Sentiment: Solid liquidity — the company reported roughly $130M of cash and equivalents, giving a balance‑sheet buffer while it invests in AI initiatives. QuiverQuant: Balance sheet
• Neutral Sentiment: Earnings materials posted — the full Q4 2025 call transcript and slide deck are available; management commentary on AI adoption, churn, and customer pipeline will be decisive for near‑term sentiment. Seeking Alpha: Q4 transcript Seeking Alpha: Slide deck
• Negative Sentiment: EPS miss — Q4 EPS of $0.03 missed consensus (~$0.04) which disappointed investors focused on near‑term profitability. Zacks: Earnings miss
• Negative Sentiment: Guidance below consensus — Q1 revenue guidance ($145.5M–$148.5M) and FY revenue range ($612M–$632M) sit under street expectations, increasing short‑term growth concerns and re‑rating risk. Company press materials: Guidance
• Negative Sentiment: Analyst downgrades and lower targets — RBC cut its target and moved to sector‑perform while other shops trimmed ratings, which reduces buy‑side support. Benzinga: Analyst moves
• Negative Sentiment: Insider selling & institutional outflows — the CEO disclosed multiple recent sales and third‑party data show institutional reductions, which can weigh on sentiment even if some sales are routine. SEC: Insider filing

EverCommerce Company Profile

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.