Zacks Research Has Pessimistic View of EverQuote Q1 Earnings

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research dropped their Q1 2026 earnings estimates for EverQuote in a note issued to investors on Tuesday, March 25th. Zacks Research analyst T. De now anticipates that the company will post earnings per share of $0.29 for the quarter, down from their prior estimate of $0.30. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share.

EverQuote (NASDAQ:EVER) last posted its earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.18. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The firm had revenue of $147.46 million for the quarter, compared to the consensus estimate of $133.83 million.

A number of other brokerages have also recently issued reports on EVER. JPMorgan Chase & Co. upped their target price on EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Canaccord Genuity Group lowered their target price on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price on the stock in a report on Thursday, December 26th. Finally, Needham & Company LLC increased their price target on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $32.33.

EverQuote Stock Performance

Shares of EVER stock opened at $26.88 on Friday. The stock’s 50-day moving average is $23.60 and its two-hundred day moving average is $20.81. EverQuote has a 1 year low of $16.63 and a 1 year high of $30.03. The firm has a market cap of $960.26 million, a price-to-earnings ratio of 79.06 and a beta of 1.01.

Insider Activity

In other EverQuote news, CAO Jon Ayotte sold 7,647 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $25.72, for a total transaction of $196,680.84. Following the transaction, the chief accounting officer now owns 58,045 shares in the company, valued at approximately $1,492,917.40. The trade was a 11.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Ventures Lllp Link sold 1,022 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $28.75, for a total value of $29,382.50. Following the transaction, the insider now directly owns 3,498,667 shares of the company’s stock, valued at approximately $100,586,676.25. This trade represents a 0.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,548 shares of company stock valued at $4,967,872. Company insiders own 29.79% of the company’s stock.

Institutional Trading of EverQuote

Institutional investors have recently modified their holdings of the business. Divisadero Street Capital Management LP purchased a new position in EverQuote in the 4th quarter valued at approximately $12,311,000. Freestone Grove Partners LP acquired a new stake in EverQuote in the 4th quarter valued at about $11,618,000. Point72 Asset Management L.P. grew its stake in EverQuote by 2,301.4% in the 4th quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company’s stock valued at $9,216,000 after acquiring an additional 441,815 shares during the last quarter. JPMorgan Chase & Co. raised its position in EverQuote by 3,022.8% during the third quarter. JPMorgan Chase & Co. now owns 385,629 shares of the company’s stock worth $8,133,000 after acquiring an additional 373,280 shares during the last quarter. Finally, Toronado Partners LLC grew its position in shares of EverQuote by 59.7% in the fourth quarter. Toronado Partners LLC now owns 718,774 shares of the company’s stock valued at $14,368,000 after purchasing an additional 268,670 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

About EverQuote

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.