Wall Street Analysts Think EverQuote (EVER) Could Surge 26.01%: Read This Before Placing a Bet

Core Viewpoint - EverQuote (EVER) shows potential for upside with a mean price target of $33.67, indicating a 26% increase from the current price of $26.72 [1] Price Targets - The average price target consists of six estimates ranging from $30.00 to $40.00, with a standard deviation of $3.83, suggesting a consensus among analysts [2] - The lowest estimate indicates a 12.3% increase, while the highest suggests a 49.7% upside [2] - A low standard deviation indicates greater agreement among analysts regarding price movement [2][9] Analyst Sentiment - Analysts have shown increasing optimism about EverQuote's earnings, with a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, two estimates have been revised higher, leading to a 3.6% increase in the Zacks Consensus Estimate [12] Zacks Rank - EverQuote holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] Conclusion on Price Movement - While consensus price targets may not reliably indicate the extent of potential gains, they do suggest a positive direction for price movement [14]