Overview
EverQuote Q3 revenue grows 20% yr/yr, beating analyst expectations
Adjusted EBITDA for Q3 beats analyst estimates, increasing 33% yr/yr
Company repurchased $21 mln of shares, indicating confidence in long-term growth
Outlook
EverQuote forecasts Q4 2025 revenue between $174 mln and $180 mln
Company expects Q4 2025 variable marketing dollars of $46 mln to $48 mln
EverQuote projects Q4 2025 adjusted EBITDA of $21 mln to $23 mln
Result Drivers
AI AND TECHNOLOGY - Co attributes Q3 revenue growth and operational efficiency to AI and technology investments
SHARE BUYBACK - Co repurchased $21 mln of shares, indicating confidence in long-term growth
AUTOMOTIVE INSURANCE - Revenue in automotive insurance vertical grew 21%, contributing to overall revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $173.94 mln | $166.10 mln (8 Analysts) |
Q3 Net Income | $18.86 mln | ||
Q3 Adjusted EBITDA | Beat | $25.10 mln | $22.80 mln (8 Analysts) |
Q3 Pretax Profit | $18.52 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for EverQuote Inc is $33.00, about 34.7% above its October 31 closing price of $21.54
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 18 three months ago
Press Release: ID:nGNX9cbjpR
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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