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

EverCommerce (NASDAQ:EVCM) released its quarterly earnings data 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. EverCommerce had a return on equity of 3.37% and a net margin of 5.47%.The firm had revenue of $152.02 million for the quarter, compared to the consensus estimate of $152.29 million. During the same period in the previous year, the business earned $0.04 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year.

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 Stock Down 1.0%

Shares of NASDAQ EVCM traded down $0.12 during midday trading on Wednesday, reaching $11.85. The company’s stock had a trading volume of 106,250 shares, compared to its average volume of 173,212. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.72. EverCommerce has a fifty-two week low of $7.66 and a fifty-two week high of $14.41. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 69.71, a PEG ratio of 1.07 and a beta of 0.91. The stock has a 50 day simple moving average of $10.37 and a 200-day simple moving average of $10.93.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on EVCM shares. Canaccord Genuity Group lifted their price target on shares of EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Wall Street Zen downgraded EverCommerce from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $14.00 price objective on shares of EverCommerce in a report on Friday, May 8th. Finally, Weiss Ratings downgraded shares of EverCommerce from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $11.25.

EverCommerce News Roundup

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Second-quarter revenue from continuing operations rose 2.7% year over year to approximately $152.0 million, broadly matching analysts’ $152.29 million estimate. EverCommerce Announces Second Quarter 2026 Financial Results
• Positive Sentiment: EverCommerce appointed Alex Goor, a technology and fintech executive, as CEO effective August 6. Founder Eric Remer will remain on the board, providing leadership continuity while the company seeks to accelerate 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. Remer sold 19,200 shares across August 4–5, while Feierstein sold 20,000 shares; both executives retain substantial ownership, limiting the significance of the transactions.
• Negative Sentiment: Second-quarter adjusted earnings per share were $0.05, missing the $0.15 consensus estimate by $0.10. Although revenue was slightly above the prior year, the earnings shortfall points to profitability pressure. EverCommerce Earnings Report
• Negative Sentiment: Third-quarter revenue guidance of $151.5 million to $154.5 million is below the $156.8 million analyst consensus, signaling slower near-term growth. Full-year revenue guidance of $612 million to $632 million brackets the $618.9 million consensus but implies limited upside at the midpoint.

Insider Buying and Selling

In related news, CEO Eric Richard Remer sold 19,200 shares of the firm’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of $10.77, for a total value of $206,784.00. Following the completion of the transaction, the chief executive officer owned 5,660,251 shares of the company’s stock, valued at approximately $60,960,903.27. This trade represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 306,500 shares of company stock worth $3,238,333 in the last ninety days. Corporate insiders own 10.10% of the company’s stock.

Hedge Funds Weigh In On EverCommerce

Hedge funds have recently modified their holdings of the stock. Prudential Financial Inc. raised its holdings in EverCommerce by 9.6% during 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 in the last quarter. Oxford Asset Management LLP acquired a new position in shares of EverCommerce during the 2nd quarter worth approximately $168,000. BNP Paribas Financial Markets raised its stake in shares of EverCommerce by 863.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company’s stock worth $171,000 after purchasing an additional 13,734 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in shares of EverCommerce during the 4th quarter worth approximately $177,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of EverCommerce by 76.8% in the 4th quarter. Wells Fargo & Company MN now owns 16,311 shares of the company’s stock valued at $198,000 after buying an additional 7,085 shares during the last quarter. 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.