EverCommerce (NASDAQ:EVCM) Posts Quarterly Earnings Results, Misses Expectations By $0.13 EPS

by · The Cerbat Gem

EverCommerce (NASDAQ:EVCM – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.13), FiscalAI reports. The firm had revenue of $151.45 million during the quarter, compared to analysts’ expectations of $152.91 million. EverCommerce had a net margin of 4.81% and a return on equity of 4.00%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the company earned ($0.03) EPS.

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 Trading Down 1.6%

NASDAQ:EVCM traded down $0.13 on Friday, reaching $8.22. 152,151 shares of the company’s stock were exchanged, compared to its average volume of 85,446. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 54.80, a price-to-earnings-growth ratio of 0.80 and a beta of 0.63. EverCommerce has a 52-week low of $6.01 and a 52-week high of $14.41. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.72. The business has a fifty day moving average of $8.56 and a 200-day moving average of $10.25.

Insider Activity at EverCommerce

In related news, Director Eric Remer sold 47,353 shares of EverCommerce 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 transaction, the director owned 5,022,792 shares in the company, valued at approximately $41,387,806.08. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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. Company insiders own 10.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on EVCM shares. Oppenheimer decreased their price objective on EverCommerce from $13.00 to $11.00 and set an “outperform” rating on the stock in a report on Friday. Canaccord Genuity Group lowered their target price on shares of EverCommerce from $13.00 to $9.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings cut shares of EverCommerce from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft downgraded shares of EverCommerce from a “buy” rating to a “hold” rating and reduced their price target for the company from $12.00 to $7.00 in a research note on Friday. Finally, Royal Bank Of Canada reduced their price target on shares of EverCommerce from $10.00 to $7.00 and set a “sector perform” rating on the stock in a research note on Friday. Two equities research 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $8.67.

Check Out Our Latest Stock Report on EverCommerce

Key EverCommerce News

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

(Get Free Report)

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.

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