EverCommerce (NASDAQ:EVCM) Releases Earnings Results, Misses Expectations By $0.10 EPS

EverCommerce (NASDAQ:EVCMGet Free Report) issued its earnings results on Wednesday. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.10), FiscalAI reports. EverCommerce had a return on equity of 3.37% and a net margin of 5.47%.The business had revenue of $152.02 million during the quarter, compared to analyst estimates of $152.29 million. During the same period last year, the business earned $0.04 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis.

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

  • Second-quarter adjusted EBITDA exceeded guidance at $44.5 million, with a 29.3% margin, while revenue of $152 million grew 2.7% year over year and met the midpoint of guidance.
  • Cross-sell momentum remained strong, with customers actively using multiple solutions increasing 26% year over year to approximately 140,000; TPV in the company’s top six growth solutions rose 16.4%.
  • EverCommerce expects full-year 2026 revenue of $612 million-$632 million and adjusted EBITDA of $183 million-$191 million to trend toward the lower end of the ranges, primarily because of slower new-customer acquisition in certain EverPro products.
  • Management attributed acquisition weakness in some product lines to evolving AI-driven search behavior, though it said technical optimization and go-to-market initiatives are beginning to improve leading indicators and could support acceleration later in the year.
  • CEO Eric Remer is stepping down after nearly two decades and will remain on the board, with Alex Goor becoming CEO on August 6; Goor said his initial focus will be understanding the business and using technology to improve execution.

EverCommerce Stock Down 10.5%

Shares of NASDAQ:EVCM traded down $1.24 during midday trading on Thursday, hitting $10.61. 181,792 shares of the stock were exchanged, compared to its average volume of 146,085. The company has a market capitalization of $1.88 billion, a PE ratio of 62.42, a P/E/G ratio of 1.07 and a beta of 0.91. EverCommerce has a 52-week low of $7.66 and a 52-week high of $14.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.08 and a current ratio of 2.08. The business’s fifty day simple moving average is $10.37 and its two-hundred day simple moving average is $10.93.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EVCM shares. Canaccord Genuity Group increased their price objective on EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Wall Street Zen cut EverCommerce from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 14th. Barclays upped their target price on EverCommerce from $8.50 to $10.00 and gave the company an “underweight” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $14.00 price target on shares of EverCommerce in a research report on Friday, May 8th. Finally, Weiss Ratings cut shares of EverCommerce from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.12.

Check Out Our Latest Stock Analysis on EVCM

Key Headlines Impacting EverCommerce

Here are the key news stories impacting EverCommerce this week:

  • Positive Sentiment: Second-quarter revenue from continuing operations increased 2.7% year over year to approximately $152.0 million, essentially matching the $152.29 million analyst consensus. EverCommerce Announces Second Quarter 2026 Financial Results
  • Neutral Sentiment: EverCommerce appointed Alex Goor as CEO effective August 6. Founder Eric Remer stepped down from the CEO role but will remain on the board, offering some continuity while the new leader focuses on growth and value creation. EverCommerce Appoints Alex Goor as Chief Executive Officer
  • Neutral Sentiment: CEO Eric Remer and President Matthew Feierstein sold shares under pre-arranged Rule 10b5-1 trading plans. The sales were small relative to their remaining holdings, reducing their immediate significance, though repeated insider selling may weigh on sentiment.
  • Negative Sentiment: Second-quarter EPS was reported at $0.05, well below the $0.15 consensus estimate, despite revenue growth. The earnings miss highlights pressure on margins and profitability. EverCommerce Earnings Report
  • Negative Sentiment: Third-quarter revenue guidance of $151.5 million to $154.5 million is below the $156.8 million consensus estimate. Full-year guidance of $612 million to $632 million surrounds the $618.9 million consensus but offers limited upside at the midpoint.
  • Negative Sentiment: Royal Bank of Canada lowered its EVCM price target from $11 to $10 and assigned a “sector perform” rating, signaling reduced expectations following the earnings update. Benzinga analyst price-target report

Insider Buying and Selling

In other EverCommerce news, CEO Eric Richard Remer sold 19,200 shares of the company’s stock in a transaction dated Tuesday, July 14th. The stock was sold at an average price of $10.77, for a total value of $206,784.00. Following the transaction, the chief executive officer directly owned 5,660,251 shares of the company’s stock, valued at $60,960,903.27. This represents a 0.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 306,500 shares of company stock valued at $3,238,333 in the last quarter. Insiders own 10.10% of the company’s stock.

Institutional Investors Weigh In On EverCommerce

Large investors have recently made changes to their positions in the company. Prudential Financial Inc. raised its position in EverCommerce by 9.6% during the second quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock valued at $142,000 after acquiring an additional 1,190 shares in the last quarter. Oxford Asset Management LLP acquired a new position in shares of EverCommerce during the 2nd quarter worth $168,000. BNP Paribas Financial Markets raised its holdings in shares of EverCommerce by 863.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company’s stock valued at $171,000 after purchasing an additional 13,734 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of EverCommerce in the 4th quarter valued at $177,000. Finally, Wells Fargo & Company MN boosted its holdings in EverCommerce by 76.8% in the fourth quarter. Wells Fargo & Company MN now owns 16,311 shares of the company’s stock worth $198,000 after purchasing an additional 7,085 shares in the last quarter. Institutional investors own 97.91% of the company’s stock.

About EverCommerce

(Get Free Report)

EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.

The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.

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Earnings History for EverCommerce (NASDAQ:EVCM)

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