EverQuote (EVER) AI Stock Analysis

• Market Cap: $859.51M
• Dividend Yield: N/A
• Average Volume (3M): 520.67K
• Price to Earnings (P/E): 19.0
• Beta (1Y): 1.23
• Revenue Growth: 92.91%
• EPS Growth: N/A
• Country: US
• Employees: 324
• Sector: Communication Services
• Sector Strength: 96
• Industry: Internet Content & Information
• EPS (TTM): 0.39
• Shares Outstanding: 32,908,580
• 10 Day Avg. Volume: 476,659
• 30 Day Avg. Volume: 520,673
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 1.26
• Enterprise Value/Gross Profit: 1.30
• Enterprise Value/Ebitda: 13.03
• 1Y Price Target: $32.67
• Price Target Upside: 38.79% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 74 Outperform
• Price Target: $27.00 ▲(14.70% Upside)

EverQuote's overall stock score reflects a strong financial recovery and positive earnings call insights, highlighting significant growth and strategic initiatives. Technical indicators suggest a neutral short-term outlook, and valuation metrics indicate moderate pricing. The company's strategic focus on AI and share repurchase program further bolster its growth prospects.

Positive Factors

Financial Performance

EVER posted solid 2Q results, with revenue coming in largely in line with expectations as carrier demand remained healthy with enterprise carrier spend particularly strong.

Stock Market Actions

The company announced its first share repurchase program totaling $50 million signaling stability in its cash flow.

Strategic Initiatives

EverQuote has introduced a new smart campaigns product that enhances marketplace bidding for carriers, increasing their efficiency.

Negative Factors

Growth Challenges

Near-term comps are challenging and growth is expected to decelerate in the second half of 2025.

Tariffs Impact

Tariffs are likely to increase the cost of claims for carriers due to higher costs for foreign automotive parts.

EverQuote Business Overview & Revenue Model

Company Description

EverQuote (EVER) is a technology company that operates in the online insurance marketplace sector, primarily focusing on connecting consumers with insurance providers. The company offers a range of services related to auto, home, health, and life insurance, providing a platform where users can compare quotes from multiple insurance carriers. By leveraging data and technology, EverQuote aims to simplify the insurance purchasing process for consumers while driving high-quality leads to its insurance partners.

How the Company Makes Money

EverQuote generates revenue primarily through a performance-based model, where it earns money by providing leads to insurance carriers and agents. The company collects consumer information through its online platform, which is then sold to insurers as potential customer leads. Additionally, EverQuote may earn revenue through partnerships with insurance companies, where it receives a fee for each lead that results in a sale or policy issuance. The company's focus on optimizing lead generation and enhancing its technology infrastructure also plays a critical role in driving its earnings, as it seeks to improve conversion rates and customer satisfaction.

EverQuote Financial Statement Overview

Summary

EverQuote demonstrates a strong financial recovery with improved profitability and cash flow metrics. The company has effectively managed costs and leveraged equity to enhance returns. While historical challenges are evident, current trends indicate a positive trajectory. Continued focus on revenue growth and cash flow stability will be crucial for sustaining this momentum.

Income Statement

EverQuote's income statement shows strong gross profit margins consistently above 92%, indicating efficient cost management. The company has transitioned from negative to positive net profit margins, with a notable improvement to 7.57% in the TTM period. Revenue growth is positive, with a 6.86% increase in the TTM period, reflecting a recovery from previous declines. EBIT and EBITDA margins have also improved, supporting a positive outlook.

Balance Sheet

The balance sheet is stable with a low debt-to-equity ratio of 0.0186 in the TTM period, indicating low leverage. Return on equity has improved significantly to 32.51%, demonstrating effective use of equity to generate profits. The equity ratio is healthy, suggesting a strong capital structure. However, past negative ROE indicates previous challenges in profitability.

Cash Flow

Cash flow analysis reveals strong free cash flow growth of 19.88% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is 1.33, suggesting efficient conversion of income to cash. The free cash flow to net income ratio is high at 0.97, reflecting robust cash flow relative to earnings. Historical volatility in cash flow metrics suggests potential risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	615.25M	500.19M	287.92M	404.13M	418.51M	346.94M
Gross Profit	594.15M	479.27M	265.47M	380.15M	394.57M	325.56M
EBITDA	59.40M	37.42M	-26.06M	-23.07M	-15.79M	-6.07M
Net Income	46.55M	32.17M	-51.29M	-24.42M	-19.43M	-11.20M
Balance Sheet
Total Assets	241.42M	210.53M	110.92M	156.52M	143.61M	129.05M
Cash, Cash Equivalents and Short-Term Investments	148.19M	102.12M	37.96M	30.84M	34.85M	42.87M
Total Debt	3.17M	3.63M	2.16M	6.44M	8.23M	10.69M
Total Liabilities	71.15M	75.16M	30.02M	49.03M	58.48M	58.07M
Stockholders Equity	170.27M	135.37M	80.91M	107.49M	85.13M	70.98M
Cash Flow
Free Cash Flow	89.86M	62.45M	-6.67M	-20.08M	4.33M	6.85M
Operating Cash Flow	92.35M	66.57M	-2.83M	-15.79M	7.19M	10.67M
Investing Cash Flow	-5.09M	-4.11M	9.35M	-4.29M	-18.82M	-18.75M
Financing Cash Flow	-8.00K	1.71M	577.00K	15.84M	3.62M	4.91M

EverQuote Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVER, the sentiment is Positive. The current price of 23.54 is above the 20-day moving average (MA) of 23.37, below the 50-day MA of 24.18, and above the 200-day MA of 22.78, indicating a neutral trend. The MACD of -0.23 indicates Negative momentum. The RSI at 48.74 is Neutral, neither overbought nor oversold. The STOCH value of 63.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EVER.

EverQuote Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVER	74 Outperform	$859.51M	18.96	34.34%	―	92.91%	―
ANGI	72 Outperform	$811.46M	15.28	5.86%	―	-15.79%	―
Sector *	60 Neutral	$46.60B	4.09	-13.11%	4.12%	1.85%	-42.71%
MAX	56 Neutral	$842.51M	35.76	-115.07%	―	116.58%	62.29%
NXDR	54 Neutral	$801.63M	―	-14.27%	―	9.65%	56.50%
TRUE	53 Neutral	$191.03M	―	-23.53%	―	11.66%	-4.69%
SMWB	53 Neutral	$805.10M	―	-123.81%	―	16.06%	-134.90%

EverQuote Corporate Events

EverQuote Secures $60 Million Credit Facility

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.

EverQuote Holds Annual Stockholders Meeting on June 5

On June 5, 2025, EverQuote, Inc. held its Annual Meeting of Stockholders, where key decisions were made regarding the company’s governance and financial oversight. Stockholders elected seven directors to the board, including David Blundin and Sanju Bansal, to serve until the 2026 meeting. Additionally, the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. These decisions are expected to influence the company’s strategic direction and financial integrity.