• EverQuote's Q1 2025 revenue surged 83%, bolstered by AI and data tech innovations.
• Analysts foresee a 32.12% upside with a one-year average price target of $34.80.
• EverQuote holds an "Outperform" rating but faces a 28.06% downside according to GuruFocus' GF Value estimate.
Quarterly Performance Overview
EverQuote Inc. (EVER, Financial) has made a striking start to 2025 with its first-quarter financial results. The company reported a remarkable 83% increase in revenue year-over-year, reaching $166.6 million. This impressive growth is attributed to the company's strategic advancements in AI and data technologies. Notably, EverQuote's Smart Campaigns product has significantly enhanced carrier performance, showcasing the company's focus on innovation. Looking ahead, EverQuote projects its revenue for Q2 to range from $155 million to $160 million.
Analysts' Price Target and Upside Potential
Wall Street analysts remain optimistic about EverQuote's potential. Based on the projections of five analysts, the average one-year price target for EverQuote Inc. (EVER, Financial) is set at $34.80. This forecast suggests a high estimate of $38.00 and a low estimate of $33.00, indicating a potential upside of 32.12% from the current trading price of $26.34. For further insights into these estimates, visit the EverQuote Inc (EVER) Forecast page.
Brokerage Recommendations
The consensus from eight brokerage firms reinforces a positive outlook for EverQuote, as it currently holds an "Outperform" status. The average brokerage recommendation stands at 2.1 on a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus GF Value Assessment
Despite the optimistic analyst projections, GuruFocus presents a more cautious perspective with its GF Value estimate. According to this proprietary metric, the estimated fair value of EverQuote Inc. (EVER, Financial) in one year is $18.95. This suggests a potential downside of 28.06% from the current price of $26.34. The GF Value is calculated based on historical trading multiples, past business growth, and future performance estimates. For more comprehensive data, visit the EverQuote Inc (EVER) Summary page.
