EverCommerce (NASDAQ:EVCM) Announces Earnings Results, Misses Estimates By $0.13 EPS

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

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 Down 1.6%

EverCommerce stock traded down $0.13 during trading hours on Friday, hitting $8.22. The stock had a trading volume of 152,151 shares, compared to its average volume of 85,446. The stock’s 50-day moving average price is $8.56 and its 200-day moving average price is $10.25. The stock has a market capitalization of $1.45 billion, a P/E ratio of 54.80, a price-to-earnings-growth ratio of 0.80 and a beta of 0.63. EverCommerce has a 12-month low of $6.01 and a 12-month high of $14.41. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.72.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Oppenheimer cut their price target on EverCommerce from $13.00 to $11.00 and set an “outperform” rating on the stock in a research note on Friday. Wall Street Zen upgraded EverCommerce from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Royal Bank Of Canada dropped their target price on EverCommerce from $10.00 to $7.00 and set a “sector perform” rating on the stock in a report on Friday. Canaccord Genuity Group cut their target price on EverCommerce from $13.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Barclays increased their target price on EverCommerce from $8.50 to $10.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target 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 Buying and Selling

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

About EverCommerce

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.