EverQuote (EVER) AI Stock Analysis

• Market Cap: $935.37M
• Dividend Yield: N/A
• Average Volume (3M): 552.53K
• Price to Earnings (P/E): 25.4
• Beta (1Y): 1.14
• Revenue Growth: 113.43%
• EPS Growth: N/A
• Country: US
• Employees: 324
• Sector: Communication Services
• Sector Strength: 90
• Industry: Internet Content & Information
• EPS (TTM): 0.42
• Shares Outstanding: 32,552,265
• 10 Day Avg. Volume: 374,176
• 30 Day Avg. Volume: 552,529
• PEG Ratio: 1.12
• Price to Book (P/B): 4.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.20
• Enterprise Value/Market Cap: 0.47
• Enterprise Value/Revenue: 0.24
• Enterprise Value/Gross Profit: 0.80
• Enterprise Value/Ebitda: 4.64
• 1Y Price Target: $33.50
• Price Target Upside: 30.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 74 Outperform
• Price Target: $26.00 ▲(1.01%Upside)

EverQuote's strong financial performance, particularly in the recent earnings call, is the primary driver of its high score. Despite some technical and valuation concerns, the company's operational improvements and growth potential in the digital advertising space position it well for future success.

Positive Factors

Financial Performance

EverQuote's Q1 results came in solidly above expectations, with revenue, VMD, and adj. EBITDA all noticeably above CGe as the recovery in auto insurance customer acquisition spending continues.

Product Innovation

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

Revenue Growth

Management introduced an above-consensus guide, indicating strong revenue growth driven by improved carrier marketing spend trends.

Negative Factors

Cost Pressures

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

Growth Challenges

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

EverQuote Business Overview & Revenue Model

Company Description

EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company's online marketplace offers consumers shopping for auto, home and renters, life, and health insurance. It serves carriers and agents, as well as indirect distributors. The company was formerly known as AdHarmonics, Inc., and changed its name to EverQuote, Inc. in November 2014. EverQuote, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.

How the Company Makes Money

EverQuote makes money through its online marketplace platform by charging insurance providers for access to consumer referrals and leads. When a consumer uses EverQuote's platform to compare insurance quotes, the company collects valuable data about the consumer's insurance needs and preferences. This data is then sold to insurance companies or agents who pay for these qualified leads, allowing them to reach potential customers more effectively. Additionally, EverQuote may generate revenue through performance-based advertising arrangements, where insurance providers pay for advertising placements on EverQuote's platform. This model allows EverQuote to monetize its extensive consumer traffic and data while providing insurance companies with opportunities to acquire new customers.

EverQuote Financial Statement Overview

Summary

EverQuote demonstrates a strong financial recovery with significant improvements in revenue growth, profitability, and cash flow generation. The balance sheet is robust with low leverage and high equity, though past fluctuations in liquidity pose a potential risk.

Income Statement

EverQuote has shown significant improvement in its income statement metrics over the years. The TTM (Trailing-Twelve-Months) gross profit margin is robust at 96.3%, and the net profit margin has turned positive to 6.6%. Revenue growth from the previous annual period is strong at 15.1%, indicating a positive upward trend. EBIT and EBITDA margins have also improved to 6.6% and 7.4%, respectively, showcasing better operational efficiency. However, past losses indicate a need for sustained performance to ensure stability.

Balance Sheet

EverQuote's balance sheet shows a solid equity base with an equity ratio of 64.4%, reflecting a strong buffer against liabilities. The debt-to-equity ratio is low at 0.02, suggesting minimal financial leverage and reduced risk. Return on equity has improved to 25.6%, indicating effective use of equity to generate profits. The company's liquidity position is strong, but past years show fluctuations, which could pose a risk if not managed well.

Cash Flow

The cash flow statement reveals a strong recovery with a positive free cash flow growth of 20% in the TTM period. The operating cash flow to net income ratio is favorable at 2.08, indicating efficient cash generation relative to reported earnings. The free cash flow to net income ratio also stands strong at 1.96. These metrics highlight the company's ability to generate cash and fund operations without relying heavily on external financing.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
575.76M	500.19M	287.92M	404.13M	418.51M	346.94M
	Gross Profit
554.50M	479.27M	265.47M	380.15M	394.57M	325.56M
	EBIT
37.98M	31.75M	-51.98M	-24.79M	-21.92M	-11.68M
	EBITDA
42.39M	37.42M	-26.06M	-23.07M	-15.79M	-6.07M
	Net Income Common Stockholders
38.25M	32.17M	-51.29M	-24.42M	-19.43M	-11.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
124.97M	102.12M	37.96M	30.84M	34.85M	42.87M
	Total Assets
232.15M	210.53M	110.92M	156.52M	143.61M	129.05M
	Total Debt
3.39M	3.63M	2.16M	6.44M	8.23M	10.69M
	Net Debt
-121.58M	-98.49M	-35.80M	-24.40M	-26.62M	-32.18M
	Total Liabilities
82.64M	75.16M	30.02M	49.03M	58.48M	58.07M
	Stockholders Equity
149.50M	135.37M	80.91M	107.49M	85.13M	70.98M
Cash Flow		Free Cash Flow
74.95M	62.45M	-6.67M	-20.08M	4.33M	6.85M
	Operating Cash Flow
79.43M	66.57M	-2.83M	-15.79M	7.19M	10.67M
	Investing Cash Flow
-4.48M	-4.11M	9.35M	-4.29M	-18.82M	-18.75M
	Financing Cash Flow
1.38M	1.71M	577.00K	15.84M	3.62M	4.91M

EverQuote Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 25.74 is above the 20-day moving average (MA) of 24.15, above the 50-day MA of 23.52, and above the 200-day MA of 21.69, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 61.14 is Neutral, neither overbought nor oversold. The STOCH value of 82.21 is Negative, 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	$935.37M	25.45	32.17%	―	113.43%	―
ANGI	68 Neutral	$795.62M	15.94	5.05%	―	-16.79%	―
MAX	67 Neutral	$747.56M	38.29	-115.07%	―	148.62%	―
Sector *	61 Neutral	$14.75B	5.86	-3.99%	6.11%	2.67%	-30.24%
SMWB	59 Neutral	$689.97M	―	-83.47%	―	15.06%	15.99%
TRUE	50 Neutral	$136.78M	―	-26.46%	―	10.18%	1.47%
KIND	47 Neutral	$627.45M	―	-18.77%	―	12.01%	35.71%

EverQuote Corporate Events

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.

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.

EverQuote Reports Strong Q1 2025 Financial Results

On May 5, 2025, EverQuote announced its first quarter financial results, showcasing significant growth with an 83% increase in revenue to $166.6 million and a 52% rise in Variable Marketing Dollars. The company achieved a net income of $8.0 million and a record Adjusted EBITDA of $22.5 million. This marks the fourth consecutive quarter of record revenue and Adjusted EBITDA, positioning EverQuote strongly in the digital insurance advertising market. The company remains resilient to macroeconomic conditions and is poised for continued success, benefiting from a favorable environment where insurance advertising spend is shifting to digital channels.