EverCommerce, Inc. (EVCM)

NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-10-23

$9.23-0.32%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge EverCommerce, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
FY 2026 · Q3
Revenue	$151.5M–$154.5M	—
EBITDA	$44M–$46Mnon-GAAP	—
FY 2026 · Q4
Revenue	—	161.03M
EPS	—	0.213
FY 2026 · Annual
Revenue	$612M–$632M	613.42M
EPS	—	0.732
EBITDA	$183M–$191Mnon-GAAP	—
FY 2027 · Annual
Revenue	—	643.38M
EPS	—	0.771

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Increase Adjusted EBITDA to $183M-$191M in 2026	A primary condition in EverCommerce, Inc.'s published investment case. The stated target is $183M to $191M.	Intact	Adjusted EBITDA falls below $183M in FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Adjusted EBITDA was $40.7 million in 2026-Q1 and increased to $44.5 million in 2026-Q2. Full-year 2026 guidance remains $183 million to $191 million. The trajectory shows delivering progress toward the Adjusted EBITDA target. Delivery assessment Oct 24, 2026
Achieve Q2 2026 revenue of $150.5M to $153.5M	A supporting condition in EverCommerce, Inc.'s published investment case. The stated target is $150.5M to $153.5M.	Intact	Q2 revenue falls below $150.5M	Revenue: $152.017M FY2026-Q2; GAAP. Published target: $150.5M to $153.5M. The target does not explicitly identify fiscal versus calendar quarters. Source published Aug 5, 2026152,017,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 51159073-deb2-4c80-8671-8f4f17528169. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. Revenue for 2026-Q2 was $152.0 million, within the guided range of $150.5 million to $153.5 million. Management is delivering on this quarterly revenue target. Delivery assessment Oct 24, 2026
Achieve revenue of $612M to $632M in 2026	A primary condition in EverCommerce, Inc.'s published investment case. The stated target is $612M to $632M.	Intact	Revenue falls below $612M in FY26	Revenue: $152.017M FY2026-Q2; GAAP. Published target: $612M to $632M. Target period is not explicitly aligned with this observation. Source published Aug 5, 2026152,017,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 51159073-deb2-4c80-8671-8f4f17528169. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPSUnavailable

Unavailable → Unavailable · observed estimates

FY2027 revenue$0.64B

$0.65B → $0.64B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	$654,158,375	3 / 6
2026-07-25	$0.77	$654,159,170	5 / 8
2026-07-26	Unavailable	$654,158,375	3 / 6
2026-07-27	$0.77	$654,159,170	5 / 8
2026-07-28	Unavailable	$654,158,375	3 / 6
2026-07-29	$0.77	$654,159,170	5 / 8
2026-07-30	Unavailable	$654,158,375	3 / 6
2026-07-31	Unavailable	$654,158,375	3 / 6
2026-08-01	Unavailable	$654,158,375	3 / 6
2026-08-02	$0.77	$654,159,170	5 / 8
2026-08-03	$0.77	$654,159,170	5 / 8
2026-08-04	$0.77	$654,159,170	5 / 8
2026-08-05	Unavailable	$653,866,000	3 / 6
2026-08-06	Unavailable	$653,867,620	4 / 7
2026-08-07	Unavailable	$643,377,343	2 / 5
2026-08-08	Unavailable	$643,373,560	4 / 7
2026-08-09	Unavailable	$643,373,560	4 / 7
2026-08-10	Unavailable	$643,373,560	4 / 7
2026-08-11	Unavailable	$643,377,343	2 / 5
2026-08-12	Unavailable	$643,373,560	4 / 7
2026-08-13	Unavailable	$643,377,343	2 / 5
2026-08-14	Unavailable	$643,377,343	2 / 5
2026-08-15	Unavailable	$643,377,343	2 / 5
2026-08-16	Unavailable	$643,377,343	2 / 5
2026-08-17	Unavailable	$643,377,343	2 / 5
2026-08-18	Unavailable	$643,377,343	2 / 5
2026-08-19	Unavailable	$643,377,343	2 / 5
2026-08-20	Unavailable	$643,377,286	3 / 5
2026-08-21	Unavailable	$643,377,286	3 / 5
2026-08-22	Unavailable	$643,377,286	3 / 5
2026-08-23	Unavailable	$643,377,286	3 / 5
2026-08-24	Unavailable	$643,377,286	3 / 5
2026-08-25	Unavailable	$643,377,286	3 / 5
2026-08-26	Unavailable	$643,377,286	3 / 5
2026-08-27	Unavailable	$643,377,286	3 / 5
2026-08-28	Unavailable	$643,377,286	3 / 5
2026-08-29	Unavailable	$643,377,286	3 / 5
2026-08-30	Unavailable	$643,377,286	3 / 5
2026-08-31	Unavailable	$643,377,286	3 / 5
2026-09-01	Unavailable	$643,377,286	3 / 5
2026-09-02	Unavailable	$643,377,286	3 / 5
2026-09-03	Unavailable	$643,377,286	3 / 5
2026-09-04	Unavailable	$643,377,286	3 / 5
2026-09-05	Unavailable	$643,377,286	3 / 5
2026-09-06	Unavailable	$643,377,286	3 / 5
2026-09-07	Unavailable	$643,377,286	3 / 5
2026-09-08	Unavailable	$643,377,286	3 / 5
2026-09-09	Unavailable	$643,377,286	3 / 5
2026-09-10	Unavailable	$643,377,286	3 / 5
2026-09-11	Unavailable	$643,377,286	3 / 5
2026-09-12	Unavailable	$643,377,286	3 / 5
2026-09-13	Unavailable	$643,377,286	3 / 5
2026-09-14	Unavailable	$643,377,286	3 / 5
2026-09-15	Unavailable	$643,377,286	3 / 5
2026-09-16	Unavailable	$643,377,286	3 / 5
2026-09-17	Unavailable	$643,377,286	3 / 5
2026-09-18	Unavailable	$643,377,286	3 / 5
2026-09-19	Unavailable	$643,377,286	3 / 5
2026-09-20	Unavailable	$643,377,286	3 / 5
2026-09-21	Unavailable	$643,377,286	3 / 5
2026-09-22	Unavailable	$643,377,286	3 / 5
2026-09-23	Unavailable	$643,377,286	3 / 5
2026-09-24	Unavailable	$643,377,286	3 / 5
2026-09-25	Unavailable	$643,377,286	3 / 5
2026-09-26	Unavailable	$643,377,286	3 / 5
2026-09-27	Unavailable	$643,377,286	3 / 5
2026-09-28	Unavailable	$643,377,286	3 / 5
2026-09-29	Unavailable	$643,377,286	3 / 5
2026-09-30	Unavailable	$643,377,286	3 / 5
2026-10-01	Unavailable	$643,377,286	3 / 5
2026-10-02	Unavailable	$643,377,286	3 / 5
2026-10-03	Unavailable	$643,377,286	3 / 5
2026-10-04	Unavailable	$643,377,286	3 / 5
2026-10-05	Unavailable	$643,377,286	3 / 5
2026-10-06	Unavailable	$643,377,286	3 / 5
2026-10-07	Unavailable	$643,377,286	3 / 5
2026-10-08	Unavailable	$643,377,286	3 / 5
2026-10-09	Unavailable	$643,377,286	3 / 5
2026-10-10	Unavailable	$643,377,286	3 / 5
2026-10-11	Unavailable	$643,377,286	3 / 5
2026-10-12	Unavailable	$643,377,286	3 / 5
2026-10-13	Unavailable	$643,377,286	3 / 5
2026-10-14	Unavailable	$643,377,286	3 / 5
2026-10-15	Unavailable	$643,377,286	3 / 5
2026-10-16	Unavailable	$643,377,286	3 / 5
2026-10-17	Unavailable	$643,377,286	3 / 5
2026-10-18	Unavailable	$643,377,286	3 / 5
2026-10-19	Unavailable	$643,377,286	3 / 5
2026-10-20	Unavailable	$643,377,286	3 / 5
2026-10-21	Unavailable	$643,377,286	3 / 5
2026-10-22	Unavailable	$643,377,286	3 / 5
2026-10-23	Unavailable	$643,377,286	3 / 5
2026-10-24	Unavailable	$643,377,286	3 / 5

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	4	3	2
2026-06-01	4	3	2
2026-07-01	4	3	2
2026-08-01	4	3	2
2026-09-01	3	3	2
2026-10-01	3	3	2

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 3 Buy / Strong Buy · 3 Hold · 2 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Increase Adjusted EBITDA to $183M-$191M in 2026Direct metric needs a verified mapping
Achieve Q2 2026 revenue of $150.5M to $153.5MRevenue: $152.017M
Achieve revenue of $612M to $632M in 2026Revenue: $152.017M

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.8%Typical daily move · historical

Downside history

-52.9%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

EverCommerce, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a high-risk growth and execution story, not yet a proven durable compounder, because the business remains loss-making. The multi-year view is intact on strong recent financial performance, but the signal has shifted from mildly favorable to mixed.

What's priced into EverCommerce, Inc.

EVCM is valued cheaply versus peers, and the evidence describes expectations as below what the business may deliver. The priced-in assessment is justified, with low fragility, but this does not remove the risk of further estimate cuts if execution disappoints.

What the fundamentals likely do

Near term, revenue and adjusted EBITDA progress supports management’s 2026 guidance: second-quarter revenue was within its guided range, and adjusted EBITDA increased from the first quarter. However, the company has missed earnings in recent quarters, and the September CEO transition adds uncertainty to execution.

What EverCommerce, Inc. hinges on

The key test is whether management delivers full-year 2026 revenue of $612 million to $632 million and adjusted EBITDA of $183 million to $191 million without cutting guidance. A guidance cut or another earnings miss would weaken the thesis; Fed rate cuts or continued strong results from sector peers could support the broader setup, but those are external factors.