EverQuote Secures $60 Million Credit Facility

The latest update is out from EverQuote ( (EVER) ).

On August 1, 2025, EverQuote entered into a $60 million senior secured revolving credit facility with Western Alliance Bank, providing financial flexibility and potential for an additional $25 million in commitments. This agreement, secured by the company’s assets, includes covenants and interest terms that reflect EverQuote’s strategic financial management. Additionally, the company reported strong second-quarter 2025 financial results, with a 34% revenue increase to $156.6 million and record net income of $14.7 million. EverQuote also announced a $50 million share repurchase program, reflecting confidence in its financial trajectory and commitment to shareholder value.

The most recent analyst rating on (EVER) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on EverQuote stock, see the EVER Stock Forecast page.

Spark’s Take on EVER Stock

According to Spark, TipRanks’ AI Analyst, EVER is a Outperform.

EverQuote’s strong financial performance and positive earnings call sentiment drive a high overall score. The company’s robust revenue growth, profitability improvements, and strategic focus on technology are significant strengths. Technical analysis and valuation present a more neutral perspective, balancing the overall outlook.

To see Spark’s full report on EVER stock, click here.

More about EverQuote

EverQuote, Inc. is a leading online insurance marketplace specializing in connecting consumers with insurance providers. The company focuses on property and casualty insurance, particularly automotive insurance, leveraging data and AI-driven applications to enhance efficiency and growth.

Average Trading Volume: 454,891

Technical Sentiment Signal: Buy

Current Market Cap: $871.4M

For a thorough assessment of EVER stock, go to TipRanks’ Stock Analysis page.