Overview
Online insurance marketplace's Q4 revenue grew 32% yr/yr, beating analyst expectations
Adjusted EBITDA for Q4 increased 32%, beating analyst expectations
Company highlights strategic focus on AI and growth solutions for future expansion
Outlook
EverQuote forecasts Q1 2026 revenue of $175 mln to $185 mln
Company projects Q1 2026 adjusted EBITDA of $23.5 mln to $26.5 mln
EverQuote expects Q1 2026 variable marketing dollars of $49 mln to $52 mln
Result Drivers
AUTOMOTIVE INSURANCE - Revenue in the automotive insurance vertical rose 32% to $179.9 mln, contributing significantly to overall revenue growth
AI AND DATA SCIENCE - Strategic investments in AI capabilities and data science drove growth and operational efficiencies, per CFO Joseph Sanborn
HOME AND RENTERS INSURANCE - Revenue in home and renters insurance vertical increased 37% to $15.4 mln, supporting overall revenue growth
Company press release: ID:nGNX6MMZ1M
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $195.32 mln | $176.82 mln (8 Analysts) |
Q4 Net Income | $57.76 mln | ||
Q4 Adjusted EBITDA | Beat | $25.10 mln | $22.10 mln (7 Analysts) |
Q4 Pretax Profit | $19.57 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 113% above its February 20 closing price of $15.49
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 14 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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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