Goldman Sachs lowered the firm’s price target on EverCommerce (EVCM) to $8 from $9 and keeps a Sell rating on the shares. EverCommerce shares fell about 20% after hours despite a modest Q4 revenue and EBITDA beat, as 2026 guidance showed slightly slower growth and lower margin outlook amid a high bar for software names tied to AI-related concerns, the analyst tells investors in a research note.
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Read More on EVCM:
- EverCommerce downgraded to Market Perform from Outperform at Citizens
- EverCommerce sees Q1 revenue $145.5M-$148.5M, consensus $151.24M
- EverCommerce sees FY26 revenue $612M-$632M, consensus $621.17M
- EverCommerce reports Q4 EPS 3c, consensus 15c
- EverCommerce expands AI capabilities with launch of EverHealth Scribe