Fathom price target raised to $2 from $1.50 at Roth Capital

Roth Capital raised the firm’s price target on Fathom (FTHM) to $2 from $1.50 and keeps a Buy rating on the shares. The firm says the company’s Q2 revenue and EBITDA beat overshadowed its softer agent and transaction counts. However, Elevate’s higher-margin profile and ancillary attach underpin can drive margin expansion for Fathom in 2026, the analyst tells investors in a research note.