EverCommerce (NASDAQ:EVCM) Releases Earnings Results, Misses Expectations By $0.10 EPS

EverCommerce (NASDAQ:EVCM) announced its quarterly earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.10), FiscalAI reports. The business had revenue of $152.02 million during the quarter, compared to analysts’ expectations of $152.29 million. EverCommerce had a net margin of 5.47% and a return on equity of 3.37%. EverCommerce’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.04 EPS.

Here are the key takeaways from EverCommerce’s conference call:

• Second-quarter adjusted EBITDA exceeded guidance at $44.5 million, with a 29.3% margin, while revenue of $152 million grew 2.7% year over year and met the midpoint of guidance.
• Cross-sell momentum remained strong, with customers actively using multiple solutions increasing 26% year over year to approximately 140,000; TPV in the company’s top six growth solutions rose 16.4%.
• EverCommerce expects full-year 2026 revenue of $612 million-$632 million and adjusted EBITDA of $183 million-$191 million to trend toward the lower end of the ranges, primarily because of slower new-customer acquisition in certain EverPro products.
• Management attributed acquisition weakness in some product lines to evolving AI-driven search behavior, though it said technical optimization and go-to-market initiatives are beginning to improve leading indicators and could support acceleration later in the year.
• CEO Eric Remer is stepping down after nearly two decades and will remain on the board, with Alex Goor becoming CEO on August 6; Goor said his initial focus will be understanding the business and using technology to improve execution.

EverCommerce Trading Down 10.5%

EverCommerce stock traded down $1.24 during trading on Thursday, reaching $10.61. 181,792 shares of the company were exchanged, compared to its average volume of 146,085. EverCommerce has a 52-week low of $7.66 and a 52-week high of $14.41. The company has a market capitalization of $1.88 billion, a P/E ratio of 62.42, a PEG ratio of 1.07 and a beta of 0.91. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.08 and a quick ratio of 2.08. The stock’s 50 day simple moving average is $10.37 and its two-hundred day simple moving average is $10.93.

Trending Headlines about EverCommerce

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Second-quarter revenue from continuing operations increased 2.7% year over year to approximately $152.0 million, essentially matching the $152.29 million analyst consensus. EverCommerce Announces Second Quarter 2026 Financial Results
• Neutral Sentiment: EverCommerce appointed Alex Goor as CEO effective August 6. Founder Eric Remer stepped down from the CEO role but will remain on the board, offering some continuity while the new leader focuses on growth and value creation. EverCommerce Appoints Alex Goor as Chief Executive Officer
• Neutral Sentiment: CEO Eric Remer and President Matthew Feierstein sold shares under pre-arranged Rule 10b5-1 trading plans. The sales were small relative to their remaining holdings, reducing their immediate significance, though repeated insider selling may weigh on sentiment.
• Negative Sentiment: Second-quarter EPS was reported at $0.05, well below the $0.15 consensus estimate, despite revenue growth. The earnings miss highlights pressure on margins and profitability. EverCommerce Earnings Report
• Negative Sentiment: Third-quarter revenue guidance of $151.5 million to $154.5 million is below the $156.8 million consensus estimate. Full-year guidance of $612 million to $632 million surrounds the $618.9 million consensus but offers limited upside at the midpoint.
• Negative Sentiment: Royal Bank of Canada lowered its EVCM price target from $11 to $10 and assigned a “sector perform” rating, signaling reduced expectations following the earnings update. Benzinga analyst price-target report

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EVCM. Weiss Ratings downgraded EverCommerce from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $14.00 target price on shares of EverCommerce in a research note on Friday, May 8th. Royal Bank Of Canada decreased their price target on shares of EverCommerce from $11.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Thursday. Wall Street Zen cut EverCommerce from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 14th. Finally, Barclays boosted their price objective on EverCommerce from $8.50 to $10.00 and gave the stock an “underweight” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, EverCommerce has an average rating of “Hold” and a consensus target price of $11.12.

Insider Buying and Selling at EverCommerce

In related news, CEO Eric Richard Remer sold 5,757 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $11.83, for a total value of $68,105.31. Following the completion of the sale, the chief executive officer owned 5,602,651 shares of the company’s stock, valued at approximately $66,279,361.33. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Matthew David Feierstein sold 10,000 shares of EverCommerce stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $11.83, for a total transaction of $118,300.00. Following the transaction, the president directly owned 2,001,679 shares in the company, valued at $23,679,862.57. This trade represents a 0.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 306,500 shares of company stock valued at $3,238,333. 10.10% of the stock is owned by company insiders.

Institutional Trading of EverCommerce

Several institutional investors have recently made changes to their positions in the company. Prudential Financial Inc. grew its position in EverCommerce by 9.6% in the second 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. Oxford Asset Management LLP acquired a new position in shares of EverCommerce in the 2nd quarter valued at $168,000. BNP Paribas Financial Markets lifted its stake in shares of EverCommerce by 863.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company’s stock valued at $171,000 after purchasing an additional 13,734 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of EverCommerce during the 4th quarter worth $177,000. Finally, Wells Fargo & Company MN grew its holdings in shares of EverCommerce by 76.8% during the 4th quarter. Wells Fargo & Company MN now owns 16,311 shares of the company’s stock worth $198,000 after purchasing an additional 7,085 shares during the period. Hedge funds and other institutional investors own 97.91% of the company’s stock.

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.