EverQuote (NASDAQ:EVER) Posts Earnings Results, Beats Expectations By $0.01 EPS

Posted by Stanley Muller on Aug 5th, 2026

EverQuote (NASDAQ:EVER – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01, FiscalAI reports. The business had revenue of $195.09 million during the quarter, compared to analyst estimates of $191.06 million. EverQuote had a net margin of 15.16% and a return on equity of 52.53%. The business’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 earnings per share.

Here are the key takeaways from EverQuote’s conference call:

Q2 results exceeded growth expectations: Revenue rose 25% year over year to $195.1 million, while adjusted EBITDA increased 37% to a record $30.1 million, with strong operating cash flow of $24.3 million.
Demand from insurance carriers and local agents remained healthy, with both customer groups reaching record revenue levels; the home insurance vertical grew 35% year over year to $23 million.
EverQuote reaffirmed its path to $1 billion in annual revenue within the previously stated timeline, supported by carrier and agent growth, increased platform scale, broader solutions, and AI-driven efficiency gains.
The company plans targeted second-half investments in AI-first products for consumers, carriers, and agents, as well as select strategic partnerships; management said these new offerings are not expected to contribute materially to revenue this year.
EverQuote ended the quarter debt-free with $192 million in cash and repurchased approximately $9 million of stock in Q2; the board may consider authorizing a new buyback program later this year.

EverQuote Stock Performance

NASDAQ EVER opened at $23.86 on Wednesday. The company has a 50-day simple moving average of $22.88 and a 200-day simple moving average of $19.45. EverQuote has a one year low of $13.88 and a one year high of $28.73. The firm has a market capitalization of $859.68 million, a PE ratio of 8.12 and a beta of 0.62.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Needham & Company LLC raised their price objective on shares of EverQuote from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday. Wall Street Zen upgraded shares of EverQuote from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Weiss Ratings raised shares of EverQuote from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on EverQuote from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Finally, B. Riley Financial reissued a “buy” rating and issued a $34.00 price objective (up from $30.00) on shares of EverQuote in a report on Tuesday. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $25.67.

Get Our Latest Analysis on EVER

Insiders Place Their Bets

In other news, CTO David Brainard sold 4,960 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $25.51, for a total value of $126,529.60. Following the completion of the sale, the chief technology officer directly owned 165,336 shares of the company’s stock, valued at approximately $4,217,721.36. This represents a 2.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Joseph Sanborn sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $20.70, for a total transaction of $414,000.00. Following the completion of the transaction, the chief financial officer owned 337,660 shares of the company’s stock, valued at $6,989,562. This trade represents a 5.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 47,586 shares of company stock worth $1,043,114. Insiders own 23.68% of the company’s stock.

Institutional Investors Weigh In On EverQuote

A number of institutional investors and hedge funds have recently bought and sold shares of EVER. Comerica Bank grew its position in EverQuote by 235.4% in the third quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $25,000 after buying an additional 772 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of EverQuote during the third quarter valued at approximately $52,000. Tower Research Capital LLC TRC lifted its position in shares of EverQuote by 271.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,259 shares of the company’s stock valued at $79,000 after acquiring an additional 2,381 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in EverQuote in the 4th quarter worth approximately $84,000. Finally, State of Tennessee Department of Treasury acquired a new stake in EverQuote during the 2nd quarter valued at $153,000. 91.54% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting EverQuote

Here are the key news stories impacting EverQuote this week:

Positive Sentiment: EverQuote exceeded Wall Street expectations in the second quarter. Revenue reached approximately $195.1 million, up 24.6% year over year and ahead of the $191.1 million consensus, while reported earnings also topped estimates. Growth was led by the Automotive and Home & Renters insurance businesses. EverQuote Announces Second Quarter 2026 Financial Results
Positive Sentiment: Management forecast third-quarter revenue of $198 million to $208 million and reiterated a long-term path toward $1 billion in annual revenue. Analysts and investors are also encouraged by expanding insurance verticals, improving marketing efficiency, AI/LLM integrations and adjusted EBITDA growth above 30%. EverQuote Expects Q3 2026 Revenue Guidance
Positive Sentiment: Sell-side sentiment improved after the results. B. Riley reaffirmed its Buy rating and raised its price target to $34 from $30, while Needham initiated or reiterated a Buy rating with a target increase to $30 from $25. Needham Raises EverQuote Price Target
Neutral Sentiment: The analyst consensus price target is approximately $24.17, indicating limited upside from the recent trading level compared with the more bullish targets from B. Riley and Needham. EverQuote Consensus Price Target
Negative Sentiment: The stock’s post-earnings decline suggests investors may have wanted stronger forward visibility. Although the Q3 revenue midpoint is above consensus, the guidance range includes a $198 million low end, and the company did not provide a clear EPS outlook. Plans to ramp variable marketing spending could also pressure near-term margins and cash generation. EverQuote Buy the Dip Analysis

EverQuote Company Profile

(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.