EverCommerce (NASDAQ:EVCM) Stock Bumped Up to “Strong-Buy” by Wall Street Zen

Wall Street Zen upgraded shares of EverCommerce (NASDAQ:EVCM) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Several other analysts have also issued reports on EVCM. Oppenheimer cut their target price on EverCommerce from $13.00 to $11.00 and set an “outperform” rating for the company in a research note on Friday. Weiss Ratings cut shares of EverCommerce from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft downgraded shares of EverCommerce from a “buy” rating to a “hold” rating and decreased their price target for the stock from $12.00 to $7.00 in a research note on Friday. Barclays boosted their price objective on shares of EverCommerce from $8.50 to $10.00 and gave the stock an “underweight” rating in a report on Thursday, August 6th. Finally, Canaccord Genuity Group cut their price objective on shares of EverCommerce from $13.00 to $9.00 and set a “buy” rating for the company in a research note on Friday. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, EverCommerce has an average rating of “Reduce” and an average target price of $8.67.

EverCommerce Trading Down 1.6%

NASDAQ EVCM opened at $8.22 on Friday. The stock’s 50-day simple moving average is $8.56 and its two-hundred day simple moving average is $10.25. EverCommerce has a twelve month low of $6.01 and a twelve month high of $14.41. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 54.80, a PEG ratio of 0.80 and a beta of 0.63.

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). The firm had revenue of $151.45 million during the quarter, compared to analysts’ expectations of $152.91 million. EverCommerce had a return on equity of 4.00% and a net margin of 4.81%. EverCommerce’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.03) earnings per share. Research analysts forecast that EverCommerce will post 0.52 EPS for the current fiscal year.

Insider Activity at EverCommerce

In other news, Director Eric Remer sold 47,353 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $8.24, for a total value of $390,188.72. Following the completion of the sale, the director owned 5,022,792 shares of the company’s stock, valued at approximately $41,387,806.08. The trade was a 0.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 431,327 shares of company stock valued at $4,069,251 in the last quarter. 10.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On EverCommerce

Large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in EverCommerce in the second quarter valued at approximately $10,724,000. CoreCap Advisors LLC bought a new position in shares of EverCommerce in the second quarter worth approximately $2,716,000. Black Diamond Financial LLC bought a new position in shares of EverCommerce in the third quarter worth approximately $2,464,000. Quantinno Capital Management LP grew its holdings in shares of EverCommerce by 117.7% in the first quarter. Quantinno Capital Management LP now owns 48,290 shares of the company’s stock worth $552,000 after purchasing an additional 26,109 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of EverCommerce by 202.9% in the first quarter. Bank of America Corp DE now owns 47,848 shares of the company’s stock worth $547,000 after buying an additional 32,053 shares during the period. 97.91% of the stock is owned by hedge funds and other institutional investors.

Key EverCommerce News

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.