EverQuote (NASDAQ:EVER) Rating Increased to Buy at Wall Street Zen

Posted by Brenda Bartman on Jul 26th, 2026

Wall Street Zen upgraded shares of EverQuote (NASDAQ:EVER – Free Report) from a hold rating to a buy rating in a research note released on Saturday morning.

A number of other analysts also recently commented on EVER. JPMorgan Chase & Co. raised their price objective on EverQuote from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded EverQuote from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Finally, Needham & Company LLC restated a “buy” rating and issued a $25.00 target price on shares of EverQuote in a research note on Tuesday, May 5th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, EverQuote presently has a consensus rating of “Moderate Buy” and an average price target of $24.17.

Check Out Our Latest Research Report on EVER

EverQuote Stock Performance

Shares of EVER opened at $25.04 on Friday. The company has a 50-day simple moving average of $21.93 and a 200-day simple moving average of $19.49. The firm has a market capitalization of $902.19 million, a P/E ratio of 8.52 and a beta of 0.61. EverQuote has a 52 week low of $13.88 and a 52 week high of $28.73.

EverQuote (NASDAQ:EVER – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.08. EverQuote had a net margin of 15.35% and a return on equity of 53.39%. The business had revenue of $190.85 million during the quarter, compared to analysts’ expectations of $180.10 million. During the same quarter last year, the company earned $0.21 earnings per share. The firm’s revenue was up 14.6% on a year-over-year basis. As a group, equities analysts forecast that EverQuote will post 1.72 earnings per share for the current year.

Insider Activity at EverQuote

In other EverQuote news, CFO Joseph Sanborn sold 6,667 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $24.63, for a total transaction of $164,208.21. Following the completion of the transaction, the chief financial officer owned 311,908 shares in the company, valued at $7,682,294.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jon Ayotte sold 4,611 shares of EverQuote stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $24.15, for a total value of $111,355.65. Following the sale, the chief accounting officer directly owned 74,580 shares in the company, valued at $1,801,107. The trade was a 5.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 57,891 shares of company stock valued at $1,243,447 over the last quarter. 23.68% of the stock is owned by company insiders.

Hedge Funds Weigh In On EverQuote

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in EverQuote by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 2,221,494 shares of the company’s stock valued at $59,980,000 after buying an additional 20,156 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of EverQuote by 28.9% during the first quarter. Renaissance Technologies LLC now owns 941,467 shares of the company’s stock valued at $14,517,000 after acquiring an additional 211,360 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of EverQuote by 47.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 909,877 shares of the company’s stock valued at $13,412,000 after purchasing an additional 293,160 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of EverQuote by 81.7% in the 4th quarter. Lazard Asset Management LLC now owns 901,207 shares of the company’s stock valued at $24,333,000 after purchasing an additional 405,237 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in shares of EverQuote by 27.4% in the 4th quarter. Balyasny Asset Management L.P. now owns 875,702 shares of the company’s stock valued at $23,644,000 after purchasing an additional 188,335 shares in the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

About EverQuote

(Get Free Report)

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.