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Evercore Partners
(NYSE:EVR)
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Rating:78Outperform
Price Target:
$405.00
â–²(11.60% Upside)
Action:Reiterated
Date:06/13/26
Score is driven primarily by strong financial performance (rebounding revenue, solid margins, and excellent free-cash-flow conversion) and supportive technicals (price above major moving averages with positive MACD). Valuation is reasonable but not cheap (P/E ~18.5) and the earnings outlook remains positive, though management cautioned results can be lumpy and expenses may limit further margin expansion.
Positive Factors
Strong free cash flow generation
Consistent, high free cash flow that closely tracks earnings gives Evercore durable financial flexibility: supports dividends, buybacks and reinvestment without depending on volatile capital markets. Strong FCF also underpins capital returns and buffers against cyclical revenue dips.
Negative Factors
Revenue and earnings lumpiness
Dependence on timing of large transactions creates persistent quarter-to-quarter volatility in revenue and margins, complicating forecasting and capital allocation. This structural lumpiness can lead to pronounced earnings swings and makes sustainable margin planning and compensation management more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow generation
Consistent, high free cash flow that closely tracks earnings gives Evercore durable financial flexibility: supports dividends, buybacks and reinvestment without depending on volatile capital markets. Strong FCF also underpins capital returns and buffers against cyclical revenue dips.
Read all positive factors
Evercore Partners Key Performance Indicators (KPIs)
Any
Operating Income By Segment
Shows profit generated by each business unit, highlighting areas of operational efficiency and strategic success.
Shows profit generated by each business unit, highlighting areas of operational efficiency and strategic success.
Data provided by:
The Fly
The FlyEvercore Partners (EVR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$13.25B
Dividend Yield0.95%
Average Volume (3M)393.39K
Price to Earnings (P/E)17.8
Beta (1Y)1.86
Revenue Growth47.30%
EPS Growth68.64%
CountryUS
Employees2,395
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)19.24
Shares Outstanding38,682,484
10 Day Avg. Volume378,647
30 Day Avg. Volume393,395
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)7.43
Price to Sales (P/S)3.89
P/FCF Ratio12.77
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue3.08
Enterprise Value/Gross Profit3.11
Enterprise Value/Ebitda13.53
Forecast
1Y Price Target
$384.00Price Target Upside5.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)19.38
Revenue Forecast (FY)$4.75B
Evercore Partners Business Overview & Revenue Model
Company Description
Evercore Inc. functions as an autonomous investment banking advisory firm, maintaining a substantial international presence with operations spanning the United States, Europe, and Latin America. The company is structured into two core business uni...
How the Company Makes Money
Evercore makes money primarily by earning fees for professional advisory services and, to a lesser extent, investment management fees.
1) Advisory fees (largest revenue driver)
- M&A and strategic advisory: Evercore earns transaction-based adviso...
Evercore Partners Earnings Call Summary
Earnings Call Date:Apr 29, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The call conveyed a strongly positive quarter with record revenues, significant YoY profit and EPS growth, improved margins, broad-based record performance across multiple businesses, and robust capital return activity. Management tempered enthusiasm with cautions about quarter-to-quarter lumpiness, continued investment-driven non-comp expense growth, modest near-term limits on further compensation ratio improvement, hedge losses from modest market declines, and slower middle-market sponsor activity. On balance, the achievements and material financial upside highlighted in the quarter substantially outweigh the outlined challenges.Positive Updates
Record Quarterly Revenues
Adjusted firm-wide net revenues of $1.4 billion, a new quarterly record, up 100% year-over-year and up 8% sequentially (Q4 2025 to Q1 2026).
Negative Updates
Transaction Timing Lumpiness and Uncertainty
Management warned results are lumpy due to timing of large deal closings; expects Q2 2026 to more closely resemble Q2 2025, and cautioned against extrapolating a single quarter's strength.
Read all updates
Q1-2026 Updates
Positive
Negative
Record Quarterly Revenues
Adjusted firm-wide net revenues of $1.4 billion, a new quarterly record, up 100% year-over-year and up 8% sequentially (Q4 2025 to Q1 2026).
Read all positive updates
Company Guidance
Evercore guided to continued strength but warned of quarter-to-quarter lumpiness: Q1 set a high bar with adjusted net revenues of ~$1.4B (up 100% YoY, +8% QoQ), adjusted operating income $354M (+205% YoY), adjusted EPS $7.53 (+116% YoY) and an adjusted operating margin of 25.3% (vs 16.6% a year ago, +~870bps); advisory fees were ~$1.2B (+123% YoY), underwriting $55M, commissions $63M (+14% YoY), asset management fees ~$24M (+8% YoY) and other revenue ~$15M. Management said they expect Q2 to be closer to 2Q’25 levels (and the first half to reflect continued strong performance), that compensation-ratio improvement this year will be meaningfully more modest than the prior two years (current adjusted compensation ratio 64%, down ~170bps YoY), and that non‑comp expenses (Q1 $150M, +21% YoY; non‑comp ratio 10.7%) are likely to grow in 2026 at a rate similar to recent years to support investments. They expect the adjusted tax rate to normalize after Q1’s 3% (vs -39.7% a year ago), remain committed to returning capital (Q1 repurchases and dividends totaled $673M; dividend $0.89/share, +6%; repurchased 1.9M shares at a blended ~$322), and finished Q1 with nearly $2B of cash and investment securities and ~44.4M adjusted diluted shares.Evercore Partners Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
68
Positive
Cash Flow
86
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.58B | 3.88B | 3.00B | 2.44B | 2.78B | 3.31B |
| Gross Profit | 4.53B | 3.86B | 2.98B | 2.43B | 2.76B | 3.29B |
| EBITDA | 1.04B | 804.35M | 532.76M | 368.18M | 732.69M | 1.15B |
| Net Income | 746.97M | 591.92M | 378.28M | 255.48M | 476.52M | 740.12M |
Balance Sheet | ||||||
| Total Assets | 4.31B | 5.36B | 4.17B | 3.70B | 3.62B | 3.80B |
| Cash, Cash Equivalents and Short-Term Investments | 1.88B | 1.47B | 939.71M | 651.73M | 786.29M | 719.53M |
| Total Debt | 1.10B | 1.16B | 923.32M | 844.39M | 687.82M | 721.04M |
| Total Liabilities | 2.23B | 3.04B | 2.23B | 1.92B | 1.89B | 2.17B |
| Stockholders Equity | 1.78B | 2.03B | 1.71B | 1.58B | 1.54B | 1.32B |
Cash Flow | ||||||
| Free Cash Flow | 1.52B | 1.18B | 958.05M | 437.91M | 508.19M | 1.36B |
| Operating Cash Flow | 1.58B | 1.26B | 988.15M | 457.95M | 531.38M | 1.38B |
| Investing Cash Flow | -253.56M | -98.33M | -67.43M | 15.62M | 313.30M | -705.89M |
| Financing Cash Flow | -906.21M | -635.62M | -628.55M | -557.23M | -735.57M | -925.32M |
Evercore Partners Technical Analysis
Neutral
362.91
Price Trends
343.24
Negative
327.05
Positive
329.87
Positive
Market Momentum
-0.15
Positive
46.44
Neutral
24.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVR, the sentiment is Neutral. The current price of 362.91 is above the 20-day moving average (MA) of 352.89, above the 50-day MA of 343.24, and above the 200-day MA of 329.87, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 46.44 is Neutral, neither overbought nor oversold. The STOCH value of 24.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EVR.
Evercore Partners Risk Analysis
Evercore Partners disclosed 39 risk factors in its most recent earnings report. Evercore Partners reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Evercore Partners Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $13.25B | 17.81 | 41.05% | 0.95% | 47.30% | 68.64% | |
76 Outperform | $5.81B | 19.70 | 21.56% | 1.63% | 30.99% | 32.50% | |
73 Outperform | $9.75B | 21.93 | 18.79% | 1.33% | 9.48% | 5.23% | |
71 Outperform | $11.22B | 8.82 | 15.14% | 1.43% | 9.07% | 45.94% | |
71 Outperform | $5.58B | 23.32 | 42.00% | 3.69% | 19.19% | 26.01% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
45 Neutral | $10.76B | 27.26 | 7.08% | 2.52% | 16.38% | 39.47% |
* Financial Sector Average
EVR
Evercore Partners
342.64
58.11
20.42%
JEF
Jefferies
52.62
-2.69
-4.86%
PIPR
Piper Sandler
71.09
-0.41
-0.58%
SF
Stifel Financial
73.17
1.61
2.26%
MC
Moelis
68.55
5.31
8.40%
HLI
Houlihan Lokey
140.15
-42.59
-23.30%
Evercore Partners Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Evercore Stockholders Back Leadership, Pay and Incentive Plan
Positive
Jun 12, 2026
Evercore Inc. held its annual meeting of stockholders on June 10, 2026, at which shareholders re-elected the full slate of board nominees, including Executive Chairman John S. Weinberg and founder Roger C. Altman, signaling continued support for t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.