Oppenheimer Has Lowered Expectations for EverCommerce (NASDAQ:EVCM) Stock Price

EverCommerce (NASDAQ:EVCM) had its price objective dropped by equities research analysts at Oppenheimer from $13.00 to $11.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer‘s target price would indicate a potential upside of 38.19% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of EverCommerce from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 26th. Royal Bank Of Canada decreased their target price on shares of EverCommerce from $11.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 6th. Weiss Ratings cut shares of EverCommerce from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Barclays boosted their price target on shares of EverCommerce from $8.50 to $10.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of EverCommerce from a “buy” rating to a “hold” rating and cut their price target for the company from $12.00 to $7.00 in a research report on Friday. Two equities research 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 data from MarketBeat.com, EverCommerce has a consensus rating of “Reduce” and a consensus price target of $9.83.

EverCommerce Price Performance

EVCM traded down $0.39 during midday trading on Friday, hitting $7.96. The stock had a trading volume of 66,930 shares, compared to its average volume of 143,259. The company has a market cap of $1.41 billion, a P/E ratio of 44.22, a price-to-earnings-growth ratio of 0.83 and a beta of 0.63. The business has a fifty day moving average of $8.59 and a 200 day moving average of $10.26. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.14 and a current ratio of 2.14. EverCommerce has a 1 year low of $6.01 and a 1 year high of $14.41.

EverCommerce (NASDAQ:EVCM) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.13). The business had revenue of $151.45 million for the quarter, compared to the consensus estimate of $152.91 million. EverCommerce had a net margin of 5.69% and a return on equity of 3.95%. The firm’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.03) earnings per share. As a group, equities analysts forecast that EverCommerce will post 0.52 earnings per share for the current fiscal year.

Insider Activity

In other news, President Matthew Feierstein sold 10,000 shares of EverCommerce stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $10.00, for a total transaction of $100,000.00. Following the sale, the president owned 1,961,214 shares of the company’s stock, valued at approximately $19,612,140. The trade was a 0.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $8.07, for a total transaction of $51,276.78. Following the transaction, 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. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 431,327 shares of company stock valued at $4,069,251. Corporate insiders own 10.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Ethic Inc. purchased a new stake in EverCommerce in the third quarter worth $88,000. Black Diamond Financial LLC bought a new position in EverCommerce in the third quarter worth $2,464,000. Engineers Gate Manager LP lifted its position in EverCommerce by 16.7% during the second quarter. Engineers Gate Manager LP now owns 20,821 shares of the company’s stock valued at $209,000 after buying an additional 2,982 shares during the period. Bank of America Corp DE purchased a new position in EverCommerce during the second quarter valued at $125,000. Finally, BlackRock Inc. purchased a new position in EverCommerce during the second quarter valued at $10,724,000. Hedge funds and other institutional investors own 97.91% of the company’s stock.

EverCommerce News Summary

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Revenue increased 2.6% year over year to $151.45 million, showing continued growth, though it was slightly below the $152.91 million consensus estimate. EverCommerce Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Quarterly earnings missed expectations: EverCommerce reported EPS of $0.03 versus the $0.16 consensus estimate. The earnings shortfall, alongside the revenue miss, raises concerns about near-term performance. EverCommerce Lags Q3 Earnings and Revenue Estimates
• Negative Sentiment: Deutsche Bank cut its rating on EVCM from Buy to Hold and set a $7 price target, signaling reduced confidence in the stock’s upside. Deutsche Bank Downgrades EverCommerce to Hold

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.