Does EverQuote (EVER) Have the Potential to Rally 48.01% as Wall Street Analysts Expect?

Core Viewpoint - EverQuote (EVER) shares have shown a modest gain of 0.4% over the past four weeks, closing at $22.41, with analysts suggesting a potential upside of 48% based on a mean price target of $33.17 [1] Price Targets and Analyst Consensus - The average price target for EVER is based on six short-term estimates, ranging from a low of $29.00 to a high of $38.00, with a standard deviation of $3.43, indicating a potential increase of 29.4% to 69.6% from the current price [2] - A low standard deviation suggests strong agreement among analysts regarding the price movement of EVER, which can serve as a starting point for further research [9] Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about EVER's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which correlates strongly with near-term stock price movements [11] - Over the last 30 days, one earnings estimate has increased, leading to a 0.1% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - EVER holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [13] - While the consensus price target may not be entirely reliable, the implied direction of price movement appears to be a useful guide for investors [14]