EverQuote (NASDAQ:EVER) Posts Earnings Results

EverQuote (NASDAQ:EVER) announced its quarterly earnings results on Monday. The company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $1.19, FiscalAI reports. The company had revenue of $195.32 million for the quarter, compared to analyst estimates of $176.82 million. EverQuote had a net margin of 14.34% and a return on equity of 64.05%. EverQuote’s revenue for the quarter was up 32.3% on a year-over-year basis. During the same quarter last year, the business earned $0.33 EPS.

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

• EverQuote delivered a record 2025 with $692.5M revenue (+38% YoY) and $94.6M Adjusted EBITDA (+62% YoY), though GAAP net income benefited from a one‑time non‑cash deferred tax benefit of $38.4M.
• The company is accelerating an AI‑first strategy—rolling out Smart Campaigns, AI Voice, GenAI features and LLM integrations—and reiterated a target to reach $1 billion in revenue within 2–3 years.
• Q1 2026 guidance implies moderated near‑term growth (revenue $175–$185M, Adjusted EBITDA $23.5–$26.5M) as carriers adopt a more measured spend cadence and Q4 investments pressured VMM; this could temper near‑term margin and growth visibility.
• Financial position remains strong with $171.4M cash, no debt, strong operating cash flow (~$95.4M for 2025) and an active share repurchase program ($50M program, ~$30M repurchased to date).

EverQuote Price Performance

NASDAQ:EVER opened at $15.50 on Wednesday. The business’s 50-day moving average is $22.30 and its two-hundred day moving average is $23.24. EverQuote has a 12 month low of $13.93 and a 12 month high of $30.03. The firm has a market capitalization of $557.32 million, a PE ratio of 5.87 and a beta of 0.50.

Analyst Ratings Changes

EVER has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reduced their target price on EverQuote from $32.00 to $22.00 and set an “overweight” rating on the stock in a report on Tuesday. Raymond James Financial restated an “outperform” rating and set a $18.00 price target on shares of EverQuote in a research note on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of EverQuote in a report on Thursday, January 22nd. Wall Street Zen cut EverQuote from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Zacks Research raised shares of EverQuote from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. One 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 company. According to data from MarketBeat, EverQuote presently has an average rating of “Buy” and an average target price of $23.83.

Insider Buying and Selling

In other news, CEO Jayme Mendal sold 14,360 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $14.98, for a total value of $215,112.80. Following the completion of the sale, the chief executive officer owned 541,777 shares in the company, valued at approximately $8,115,819.46. This trade represents a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jon Ayotte sold 3,639 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $26.76, for a total value of $97,379.64. Following the sale, the chief accounting officer owned 49,233 shares in the company, valued at approximately $1,317,475.08. The trade was a 6.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,449 shares of company stock worth $1,342,907 over the last three months. 25.52% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EVER. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of EverQuote by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company’s stock valued at $393,000 after purchasing an additional 624 shares during the period. Cetera Investment Advisers increased its stake in EverQuote by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,204 shares of the company’s stock worth $392,000 after buying an additional 675 shares during the period. Comerica Bank increased its stake in EverQuote by 235.4% during the 3rd quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $25,000 after buying an additional 772 shares during the period. Legal & General Group Plc lifted its holdings in EverQuote by 3.3% in the 3rd quarter. Legal & General Group Plc now owns 24,301 shares of the company’s stock worth $556,000 after buying an additional 776 shares in the last quarter. Finally, Zacks Investment Management boosted its position in 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 during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Key EverQuote News

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: Q4 and full‑year beat — Q4 revenue $195.3M (+32% y/y) and EPS $1.54 (vs. $0.35 consensus); full‑year revenue rose 38% and Adjusted EBITDA jumped 62%. Company ended 2025 with ~$171M cash and announced a $50M share repurchase program. Earnings press release
• Positive Sentiment: Management presented an AI‑led growth plan that targets material scale (management outlined a path to ~$1B revenue in 2–3 years), signaling upside if AI initiatives convert into cheaper, higher‑quality leads and new products. Path to $1B revenue
• Positive Sentiment: Sentiment lift from upgrades — Zacks moved EVER to a Rank #1 (Strong Buy), which can attract short‑term flows and momentum buyers. Zacks upgrade
• Neutral Sentiment: Analyst price‑target resets but ratings largely intact — several brokers trimmed PTs (JPMorgan to $22, Needham to $25, B. Riley lowered its target) while keeping buy/overweight stances; the revisions reduce upside expectations but keep institutional guidance constructive. JPMorgan PT cut Needham PT cut
• Negative Sentiment: Q1 2026 guidance missed Street — company guided revenue of $175M–$185M vs. ~ $193.9M consensus, creating near‑term growth uncertainty despite the quarter’s beat; that guidance shortfall was a primary driver of the earlier intraday pullback. Guidance in press release
• Negative Sentiment: Insider selling — CEO Jayme Mendal sold ~14.4k shares (~$215k) and other officers also sold small stakes this week; continued insider disposals (and a history of sales) can weigh on investor confidence. SEC insider filing
• Negative Sentiment: Heightened strategic risk from AI — an independent downgrade flagged that AI chatbots and direct carrier integrations could disintermediate EverQuote’s lead generation model; analysts also flagged variable marketing‑margin compression from rising traffic costs. AI risk downgrade

About EverQuote

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.