Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
EverCommerce ( (EVCM) ) just unveiled an announcement.
On June 10, 2025, EverCommerce Inc. subsidiaries amended their Credit Agreement with Royal Bank of Canada, reducing the revolver commitments from $190 million to $155 million and extending the maturity date for $125 million of these commitments to January 6, 2028. This amendment also lowered the applicable margin rates for both Term SOFR and Alternate Base Rate loans, potentially improving the company’s financial flexibility and cost of borrowing.
The most recent analyst rating on (EVCM) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on EverCommerce stock, see the EVCM Stock Forecast page.
Spark’s Take on EVCM Stock
According to Spark, TipRanks’ AI Analyst, EVCM is a Neutral.
EverCommerce’s overall stock score is driven by strong financial performance, particularly its revenue growth and cash flow management, despite profitability challenges. The positive earnings call further boosts the score, showcasing strong growth and strategic initiatives. However, the relatively weak technical indicators and valuation due to a negative P/E ratio and lack of dividend yield weigh down the overall score.
To see Spark’s full report on EVCM stock, click here.
More about EverCommerce
EverCommerce Inc. operates in the technology industry, providing software solutions and services tailored for service-based businesses across various sectors.
Average Trading Volume: 181,111
Technical Sentiment Signal: Buy
Current Market Cap: $1.87B
Learn more about EVCM stock on TipRanks’ Stock Analysis page.