Here's Why You Should Retain ENV Stock in Your Portfolio for Now

Envestnet, Inc.'s (ENV) stock performance over the past year was impressive. The stock has gained 53.3%, outperforming the 23.5% rise of the industry and the 32.9% growth of the Zacks S&P 500 composite. The Zacks Consensus Estimate for revenues is pegged at $1.4 billion and $1.5 billion, increasing 10.6% and 10.2% year over year in 2024 and 2025, respectively. For 2024, the consensus estimate for earnings per share is pegged at $2.6, suggesting a 20.3% year-over-year rise. For 2025, the consensus estimate f ...