Wells Fargo & Company Forecasts Strong Price Appreciation for Everest Group (NYSE:EG) Stock

Everest Group (NYSE:EG) had its price objective hoisted by research analysts at Wells Fargo & Company from $304.00 to $332.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential downside of 5.53% from the company’s current price.

Several other equities research analysts have also commented on EG. Weiss Ratings restated a “hold (c)” rating on shares of Everest Group in a research report on Thursday, January 22nd. Barclays boosted their target price on shares of Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Bank of America boosted their target price on shares of Everest Group from $430.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday. Keefe, Bruyette & Woods decreased their target price on shares of Everest Group from $430.00 to $402.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Finally, UBS Group restated a “buy” rating and set a $345.00 target price on shares of Everest Group in a research report on Monday, January 12th. Six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Everest Group currently has an average rating of “Hold” and a consensus target price of $366.14.

Everest Group Stock Performance

NYSE:EG opened at $351.42 on Thursday. The firm’s fifty day moving average price is $331.25 and its 200 day moving average price is $330.22. Everest Group has a 1-year low of $302.44 and a 1-year high of $368.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.39 and a quick ratio of 0.39. The firm has a market cap of $17.48 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 0.26 and a beta of 0.34.

Everest Group (NYSE:EG) last posted its quarterly earnings data on Thursday, February 5th. The company reported $13.26 earnings per share for the quarter, missing analysts’ consensus estimates of $13.36 by ($0.10). Everest Group had a net margin of 9.09% and a return on equity of 12.50%. The firm had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter last year, the business earned ($18.39) earnings per share. The business’s quarterly revenue was down 4.6% on a year-over-year basis. On average, sell-side analysts expect that Everest Group will post 47.93 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Darwin Wealth Management LLC raised its stake in shares of Everest Group by 6.2% during the 3rd quarter. Darwin Wealth Management LLC now owns 568 shares of the company’s stock worth $199,000 after buying an additional 33 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in shares of Everest Group by 2.1% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,682 shares of the company’s stock worth $571,000 after buying an additional 34 shares during the last quarter. Siemens Fonds Invest GmbH raised its stake in shares of Everest Group by 3.3% during the 4th quarter. Siemens Fonds Invest GmbH now owns 1,067 shares of the company’s stock worth $364,000 after buying an additional 34 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in Everest Group by 27.6% in the 4th quarter. Brown Brothers Harriman & Co. now owns 171 shares of the company’s stock valued at $58,000 after purchasing an additional 37 shares during the last quarter. Finally, Trail Ridge Investment Advisors LLC raised its stake in Everest Group by 3.3% in the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 1,236 shares of the company’s stock valued at $433,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 92.64% of the company’s stock.

Everest Group News Roundup

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: Bank of America sharply raised its price target to $454, a bullish signal that increases upside expectations versus prior guidance and likely supported buying interest. Bank of America Boosts Everest Group Price Target
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate to $67.48 (from $64.07) and also increased its Q1 2028 EPS forecast to $16.69, indicating analysts expect stronger earnings further out — a constructive signal for longer‑term earnings growth and valuations.
• Neutral Sentiment: Wells Fargo bumped its price target to $332 but kept an “equal weight” rating, implying limited conviction for near‑term outperformance despite the higher target (the new PT sits below some recent trade levels). Wells Fargo Price Target Note
• Negative Sentiment: Zacks also trimmed several near‑term estimates and its FY2026 outlook modestly (FY2026 EPS cut to $53.11 from $53.46) and reduced multiple quarterly forecasts across 2026–2027 — a sign analysts see some short‑term pressure on results that could cap multiple expansion.

Everest Group Company Profile

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.