EverQuote, Inc. (EVER)
NASDAQCommunication ServicesInternet Content & InformationSnapshot 2026-09-09
$23.36-6.34%
Close 2026-09-09 · 1-day change
NASDAQCommunication ServicesInternet Content & InformationSnapshot 2026-09-09
Intact: The reason to own it still holds.
EverQuote grows revenue about 21% yearly, hitting $190M in Q2 2026. Net income rose from $8M to $19M in a year, showing profit gains. The company keeps increasing marketing spend to drive growth. Its valuation is cheap with a PE of 7.15 versus peers at 18.25.
Growth could slow if marketing spend fails to bring more customers. Profit gains may stall if costs rise. The sector faces headwinds that could hurt demand. Analyst estimates have recently been cut slightly.
The price is about 9% below our fair value near $28. Analysts expect 14.5% revenue growth, less than management's 21% target. We see upside if growth and profits stay on track.
Breaks if: net income falls below $15M in next quarters
Breaks if: YoY revenue growth falls below ~14% in Q2 2026
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This is a long-term thesis on a company that is currently performing well but operates in a challenging sector. The investment is characterized by stable management and strong revenue growth, but there are elevated risks due to sector dynamics.
The current valuation suggests that the market views EVER as fairly priced compared to its peers. There is a slight expectations gap, indicating that the market is not overly optimistic or pessimistic about its future performance.
Management is on track to achieve strong revenue growth above 20% annually, with recent results showing positive trends in net income and marketing spend. However, there is a near-term risk of missing earnings expectations, which could impact sentiment.
The future performance of EVER will depend on the guidance provided in the next earnings call and the performance of key sector players like GOOGL, GOOG, and META. Positive momentum in these companies could support EVER, while negative trends could pose risks.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improvement. The new partnership with Waniwani enhances growth potential. There are no current threats to the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Management aims for 21% revenue growth at the midpoint for Q2 2026.
Breaks if: marketing spend growth falls below 15% YoY in Q2 2026
In the next 1 to 3 years, EVER's performance will likely be influenced by both its internal execution and external sector conditions. Not investment advice.