EverCommerce (NASDAQ:EVCM) Releases Earnings Results, Misses Estimates By $0.13 EPS

EverCommerce (NASDAQ:EVCM) announced its quarterly earnings data on Thursday. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.13), FiscalAI reports. EverCommerce had a net margin of 4.81% and a return on equity of 4.00%. The firm had revenue of $151.45 million for the quarter, compared to analyst estimates of $152.91 million. During the same quarter in the prior year, the firm earned ($0.03) earnings per share. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis.

Here are the key takeaways from EverCommerce’s conference call:

• Q3 revenue was $151.4 million, up 2.7% year over year but slightly below the low end of guidance. Management cited weaker new-customer acquisition, vendor rebates below forecast, and delayed security-project milestones; full-year 2026 revenue guidance was set at approximately $600 million.
• Adjusted EBITDA was $45 million, in line with the guidance midpoint, but margin declined to 29.7% from 31.5% a year earlier. The updated full-year EBITDA outlook is approximately $170 million and includes planned Q4 growth investments and higher healthcare benefits costs.
• New CEO Alex Goor said the company plans to prioritize product improvements, customer feedback, sales execution, and disciplined investment, aiming to accelerate growth exiting 2027 and achieve sustainable double-digit revenue growth. He acknowledged that revenue growth has been decelerating and relies primarily on pricing, while noting investments could affect near-term results.
• Payments revenue in the six solutions management is prioritizing grew 15% year over year, while their total payment volume increased 15.6%. Customers actively using multiple solutions grew 27%, and management said these customers generate net revenue retention above 100%.
• EverCommerce ended the quarter with $139 million in cash, $125 million of undrawn revolver capacity, and net leverage of approximately 2.2 times; its debt does not mature until 2031. The company also generated $73 million of trailing-12-month levered free cash flow.

EverCommerce Stock Down 1.6%

Shares of EVCM stock traded down $0.13 during mid-day trading on Friday, hitting $8.22. The stock had a trading volume of 152,151 shares, compared to its average volume of 85,446. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 2.14. The firm has a market capitalization of $1.45 billion, a P/E ratio of 54.80, a price-to-earnings-growth ratio of 0.80 and a beta of 0.63. The firm’s 50-day moving average is $8.56 and its two-hundred day moving average is $10.25. EverCommerce has a 12-month low of $6.01 and a 12-month high of $14.41.

Analysts Set New Price Targets

EVCM has been the topic of several recent research reports. Wall Street Zen upgraded EverCommerce from a “buy” rating to a “strong-buy” rating in a report on Saturday. Royal Bank Of Canada lowered their target price on EverCommerce from $10.00 to $7.00 and set a “sector perform” rating on the stock in a research note on Friday. Barclays lifted their price objective on EverCommerce from $8.50 to $10.00 and gave the stock an “underweight” rating in a report on Thursday, August 6th. Canaccord Genuity Group reduced their price target on shares of EverCommerce from $13.00 to $9.00 and set a “buy” rating for the company in a research report on Friday. Finally, Oppenheimer dropped their price target on EverCommerce from $13.00 to $11.00 and set an “outperform” rating for the company in a research note on Friday. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, EverCommerce has an average rating of “Reduce” and an average target price of $8.67.

Insider Buying and Selling

In other EverCommerce news, Director Eric Remer sold 47,353 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $8.24, for a total value of $390,188.72. Following the completion of the sale, the director directly owned 5,022,792 shares in the company, valued at $41,387,806.08. This trade represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 431,327 shares of company stock valued at $4,069,251 over the last ninety days. Insiders own 10.10% of the company’s stock.

Key Headlines Impacting EverCommerce

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: Management indicated full-year 2026 revenue of about $600 million and adjusted EBITDA of about $170 million. The outlook offers investors a view of expected scale and profitability, though the company also plans to ramp up investments in Q4. Article: EverCommerce signals 2026 outlook
• Positive Sentiment: Oppenheimer lowered its target to $11 from $13 but maintained an Outperform rating; Canaccord cut its target to $9 from $13 and kept a Buy rating. Both firms remain positive on the shares despite reducing their estimates. Article: Oppenheimer price target Article: Canaccord price target
• Negative Sentiment: Q3 adjusted earnings were reported at $0.03 per share, below the $0.16 consensus, while revenue of $151.45 million also fell short of the $152.91 million estimate. Revenue was up 2.6% year over year, but the earnings miss may weigh on sentiment. Article: EverCommerce Q3 results
• Negative Sentiment: Deutsche Bank downgraded EVCM from Buy to Hold with a $7 target, and RBC cut its target from $10 to $7 while maintaining Sector Perform. The lower targets and Deutsche’s downgrade signal reduced analyst confidence. Article: Deutsche Bank downgrade Article: RBC price target

About EverCommerce

EverCommerce, Inc is a software and technology company that provides integrated, cloud-based solutions for service-oriented small and midsize businesses. Its platforms are designed to help businesses manage operations, customer relationships, payments, marketing and other administrative functions through specialized applications tailored to specific industries.

The company serves a broad range of vertical markets, including home and field services, health and wellness, fitness, education, professional services and other appointment- or membership-based businesses.