JPMorgan Chase & Co. Lowers EverQuote (NASDAQ:EVER) Price Target to $22.00

EverQuote (NASDAQ:EVER) had its price objective decreased by equities researchers at JPMorgan Chase & Co. from $32.00 to $22.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 39.84% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Raymond James Financial reissued an “outperform” rating and issued a $18.00 price target on shares of EverQuote in a research report on Tuesday, February 17th. Wall Street Zen cut EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Needham & Company LLC decreased their target price on EverQuote from $40.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday. Zacks Research raised EverQuote from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Finally, Canaccord Genuity Group set a $28.00 price target on EverQuote in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $23.83.

EverQuote Stock Up 2.7%

NASDAQ EVER traded up $0.41 during trading on Tuesday, hitting $15.73. The stock had a trading volume of 1,931,113 shares, compared to its average volume of 925,346. The company has a market capitalization of $565.72 million, a PE ratio of 10.89 and a beta of 0.50. The firm has a 50 day moving average price of $22.54 and a 200 day moving average price of $23.30. EverQuote has a twelve month low of $13.93 and a twelve month high of $30.03.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, February 23rd. The company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $1.19. The business had revenue of $195.32 million for the quarter, compared to analysts’ expectations of $176.82 million. EverQuote had a net margin of 8.36% and a return on equity of 38.19%. The business’s quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 earnings per share. On average, sell-side analysts anticipate that EverQuote will post 0.72 earnings per share for the current year.

Insider Activity

In related news, CTO David Brainard sold 5,709 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $25.05, for a total value of $143,010.45. Following the transaction, the chief technology officer owned 101,603 shares of the company’s stock, valued at $2,545,155.15. This represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director John L. Shields sold 2,000 shares of EverQuote stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $25.73, for a total value of $51,460.00. Following the sale, the director directly owned 25,219 shares of the company’s stock, valued at $648,884.87. This trade represents a 7.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 43,768 shares of company stock worth $1,122,957. 25.52% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On EverQuote

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. increased its stake in EverQuote by 31.6% in the fourth quarter. Invesco Ltd. now owns 49,143 shares of the company’s stock valued at $1,327,000 after purchasing an additional 11,808 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in EverQuote by 40.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,343 shares of the company’s stock worth $360,000 after purchasing an additional 3,813 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of EverQuote by 484.3% during the 4th quarter. NewEdge Advisors LLC now owns 13,223 shares of the company’s stock worth $357,000 after buying an additional 10,960 shares during the last quarter. Zacks Investment Management boosted its holdings in shares of EverQuote by 1.2% in the 4th quarter. Zacks Investment Management now owns 66,281 shares of the company’s stock valued at $1,790,000 after buying an additional 782 shares in the last quarter. Finally, nVerses Capital LLC acquired a new position in shares of EverQuote in the 4th quarter valued at $265,000. 91.54% of the stock is owned by institutional investors and hedge funds.

EverQuote News Roundup

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: Huge Q4 beat and pro‑fitability improvement: EverQuote reported Q4 EPS $1.54 vs. $0.35 consensus and revenue $195.3M (+32% y/y) with Adjusted EBITDA and GAAP net income up materially; full‑year revenue rose 38% and the company ended 2025 with a stronger balance sheet and $171M cash. EverQuote Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Zacks upgraded EVER to a Rank #1 (Strong Buy), adding short‑term buy interest and validating upside expectations after the strong quarter. All You Need to Know About EverQuote (EVER) Rating Upgrade to Strong Buy
• Neutral Sentiment: Analyst price‑target trims: B. Riley lowered its target to $30 (still a “buy”) and Needham cut its target to $25 while maintaining buy ratings — signals that expectations remain positive but that some firms are moderating upside. Benzinga: Analyst PT Changes
• Neutral Sentiment: Company emphasized AI integration and product investments on the earnings call and slide deck — investors see opportunity but execution and timing remain watch points. Q4 Slide Deck
• Negative Sentiment: Conservative Q1 2026 revenue guide: EverQuote guided $175–$185M vs. a Street consensus near $194M, which tempers near‑term growth expectations and was a driver of the earlier post‑earnings pullback. EverQuote Announces Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Analyst note flagging AI as an existential threat: A Seeking Alpha piece downgraded EVER to Neutral, arguing AI chatbots could disintermediate lead generation and increase traffic acquisition costs — a thematic risk that could pressure the long‑term multiple. EverQuote: AI Risk Is More Pressing Here (Downgrade)

EverQuote Company Profile

EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes.

The company’s core business centers on a quote-comparison engine for personal auto, home, and health insurance products.