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EverQuote ( (EVER) ) has issued an update.
EverQuote reported strong first quarter 2026 results on May 4, 2026, with revenue rising 15% year over year to $190.9 million, led by $172.4 million from automotive insurance and $18.5 million from home and renters, which grew 13% and 33% respectively. The company posted GAAP net income of $18.7 million, record adjusted EBITDA of $29.3 million, operating cash flow of $29.6 million, ended the quarter with $178.5 million in cash and no debt, and repurchased 1.1 million shares for about $19.9 million.
Management said the quarter exceeded guidance across all metrics, underscoring robust sector demand and the impact of its AI-powered offerings on carrier and agent performance. The company highlighted operating leverage and efficiency gains, reiterated its ambition to reach $1 billion in annual revenue within two to three years, and signaled continued investment in AI and growth initiatives to strengthen its long-term competitive position in the P&C insurance ecosystem.
The most recent analyst rating on (EVER) stock is a Buy with a $28.00 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.
Score is driven by materially improved fundamentals (profitability, cash flow, and a low-leverage balance sheet) and supportive valuation (low P/E). The primary offset is weak technical momentum with the stock well below key moving averages despite oversold signals; earnings call positives are tempered by near-term margin pressure and concentration/ad-cost risks.
To see Spark’s full report on EVER stock, click here.
More about EverQuote
EverQuote, Inc., listed on Nasdaq as EVER, operates as an AI-powered growth solutions partner for the regulated property and casualty insurance sector, working with major carriers and thousands of agents. The company uses proprietary data assets and an AI traffic engine to help providers maximize customer acquisition and grow market share through digital channels.
Average Trading Volume: 944,679
Technical Sentiment Signal: Sell
Current Market Cap: $512.6M
Learn more about EVER stock on TipRanks’ Stock Analysis page.