EverCommerce (NASDAQ:EVCM) Issues Quarterly Earnings Results

EverCommerce (NASDAQ:EVCM) issued its quarterly earnings results on Thursday. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.13), FiscalAI reports. EverCommerce had a return on equity of 4.00% and a net margin of 4.81%. The business had revenue of $151.45 million for the quarter, compared to the consensus estimate of $152.91 million. During the same period last year, the firm earned ($0.03) earnings per share. The company’s quarterly revenue was up 2.6% compared to the same quarter last year.

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

• Q3 revenue was $151.4 million, up 2.7% year over year but slightly below the low end of guidance. Management cited weaker new-customer acquisition, vendor rebates below forecast, and delayed security-project milestones; full-year 2026 revenue guidance was set at approximately $600 million.
• Adjusted EBITDA was $45 million, in line with the guidance midpoint, but margin declined to 29.7% from 31.5% a year earlier. The updated full-year EBITDA outlook is approximately $170 million and includes planned Q4 growth investments and higher healthcare benefits costs.
• New CEO Alex Goor said the company plans to prioritize product improvements, customer feedback, sales execution, and disciplined investment, aiming to accelerate growth exiting 2027 and achieve sustainable double-digit revenue growth. He acknowledged that revenue growth has been decelerating and relies primarily on pricing, while noting investments could affect near-term results.
• Payments revenue in the six solutions management is prioritizing grew 15% year over year, while their total payment volume increased 15.6%. Customers actively using multiple solutions grew 27%, and management said these customers generate net revenue retention above 100%.
• EverCommerce ended the quarter with $139 million in cash, $125 million of undrawn revolver capacity, and net leverage of approximately 2.2 times; its debt does not mature until 2031. The company also generated $73 million of trailing-12-month levered free cash flow.

EverCommerce Stock Performance

Shares of EverCommerce stock traded down $0.13 during trading on Friday, hitting $8.22. 152,151 shares of the stock were exchanged, compared to its average volume of 85,446. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 54.80, a price-to-earnings-growth ratio of 0.80 and a beta of 0.63. The company has a fifty day moving average price of $8.56 and a 200-day moving average price of $10.25. EverCommerce has a 1-year low of $6.01 and a 1-year high of $14.41. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.72.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Wall Street Zen raised EverCommerce from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Oppenheimer reduced their price target on EverCommerce from $13.00 to $11.00 and set an “outperform” rating for the company in a research report on Friday. Barclays raised their price target on EverCommerce from $8.50 to $10.00 and gave the company an “underweight” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft lowered EverCommerce from a “buy” rating to a “hold” rating and lowered their price target for the stock from $12.00 to $7.00 in a research report on Friday. Finally, Canaccord Genuity Group dropped their price objective on EverCommerce from $13.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, EverCommerce currently has a consensus rating of “Reduce” and an average target price of $8.67.

Key Stories Impacting EverCommerce

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

Insider Transactions at EverCommerce

In other EverCommerce news, President Matthew Feierstein sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $10.00, for a total transaction of $100,000.00. Following the transaction, the president owned 1,961,214 shares of the company’s stock, valued at $19,612,140. The trade was a 0.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Remer sold 6,354 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $8.07, for a total value of $51,276.78. Following the completion of the sale, the director owned 5,011,125 shares in the company, valued at $40,439,778.75. This represents a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 431,327 shares of company stock worth $4,069,251. 10.10% of the stock is owned by insiders.

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.