EverCommerce Inc. (EVCM) AI Stock Analysis

NASDAQ: EVCMAI research summary: business, growth, valuation, analysts, bull and bear case.

EVCM AI stock analysis summary

AI Research

EverCommerce Inc. (EVCM) provides integrated SaaS solutions for service-based small and medium-sized businesses across home, health, and wellness sectors. In FY2025, the company turned GAAP profitable with net income of $17.6M despite revenue contracting 15.7% to $588.9M. With trailing twelve months revenue of $598.1M, EverCommerce carries $396.1M in net debt while generating solid free cash flow.

Market cap
$1.66B
Revenue (TTM)
$598.1M
P/E
62.7x
fwd 11.1x
1Y return
-14.5%
S&P 500 16.8%
Avg. target
$11.00
16.9% vs last close

Bull case

  • EverCommerce demonstrated strong free cash flow conversion in FY2025, generating $109.2M in free cash flow against $111.5M in operating cash flow.
  • Gross margins widened significantly to 77.6% in FY2025, up from 67.3% in FY2024 and 65.0% in FY2022.
  • The stock trades at an attractive PEG ratio of 0.37 and a forward P/E of 11.1x, which compares favorably to the peer median of 18.8x.

Bear case

  • Revenue fell 15.7% in FY2025 to $588.9M, and latest quarterly top-line growth remained muted at 2.7% year-over-year compared to the 11.6% peer median.
  • The company carries substantial leverage, with total debt of $529.6M and net debt of $396.1M as of June 30, 2026.
  • Earnings execution has been inconsistent, with EverCommerce exceeding quarterly EPS estimates in only 1 of the past 4 quarters.

What EverCommerce does

EverCommerce Inc. provides integrated software-as-a-service (SaaS) solutions designed for service-based small and medium-sized businesses across the United States and internationally. Its platform offers business management software such as route-based dispatching, medical practice management, and gym member management. The company delivers billing and payment tools including e-invoicing and mobile payments, alongside customer engagement applications like reputation management and messaging. EverCommerce packages these solutions into specialized suites: EverPro for home services, EverHealth for health services, and EverWell for fitness and wellness services. It also delivers digital marketing services, website hosting, and professional implementation and training.

Growth and profitability

EverCommerce expanded its revenue from $490.1M in FY2021 to a peak of $698.8M in FY2024 before revenue declined 15.7% to $588.9M in FY2025. Over the 5-year period from FY2020 to FY2025, revenue grew at an 11.8% CAGR. Gross margin reached a multi-year high of 77.6% in FY2025, up from 66.9% in FY2021. Operating margin improved to 10.1% in FY2025 from -5.5% in FY2021, driving the company to its first annual net profit of $17.6M with EPS of $0.84. In the latest quarter ended June 30, 2026, revenue increased 2.7% year-over-year, while quarterly earnings rose 16.3%, bringing trailing twelve months revenue to $598.1M and net margin to 5.7%.

EVCM income statement →

Balance sheet and cash flow

As of June 30, 2026, EverCommerce held $133.5M in cash and short-term investments against total debt of $529.6M, resulting in net debt of $396.1M. Shareholders' equity stood at $715.3M, yielding a debt-to-equity ratio of 0.74 and a current ratio of 2.14. Free cash flow reached $109.2M in FY2025 on operating cash flow of $111.5M. The company kept capital expenditures modest at $2.2M and deployed $85.1M toward share buybacks in FY2025, helping lower its 5-year share count by 8.5%.

EVCM balance sheet →

Valuation and performance

EVCM trades at a trailing P/E of 62.7x, well above the 28.1x median of its US-listed Technology peers, though its forward P/E of 11.1x sits below the peer median of 18.8x. Its price-to-sales multiple is 2.8x, matching the peer median, while its EV-to-EBITDA stands at 15.2x compared to the peer median of 16.6x. Over the past year, EVCM stock declined 14.5% compared to a 16.8% gain for the S&P 500 (SPY). Over a 5-year period, the stock dropped 50.6% while the S&P 500 returned 83.0%.

EVCM key metrics →

What analysts expect

Wall Street analysts hold a mixed outlook with 3 Strong Buy, 3 Hold, 1 Sell, and 1 Strong Sell recommendations. The consensus mean price target of $11.00 implies an upside of 16.9% above the last closing price of $9.41. For the current fiscal year ending December 31, 2026, analysts anticipate revenue of $613.4M and EPS of $0.75, representing 114.0% EPS growth. EverCommerce beat EPS expectations in 1 of the last 4 quarters, and its next earnings report is scheduled for November 5, 2026.

EVCM forecast and price target →

Key risks and what to watch

  • Short interest stands elevated at 13.2% of float, reflecting substantial market skepticism.
  • The company's net debt of $396.1M leaves it sensitive to financing costs relative to its $133.5M in cash reserves.
  • The stock remains 10.1% below its 200-day moving average and has underperformed the broader market with a 1-year return of -14.5% versus 16.8% for the S&P 500.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this EVCM AI stock analysis

This page is an AI-written research summary of EverCommerce Inc. (EVCM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EVCM income statement, EVCM balance sheet, EVCM key metrics, EVCM analyst forecast, EVCM chart. See the EVCM stock overview for the latest quote and news.

EVCM AI stock analysis FAQ

Does EverCommerce pay a dividend?

No, EverCommerce does not pay a dividend. Capital allocation has focused on operations and share repurchases, including $85.1M in share buybacks in FY2025.

What is EverCommerce's debt position?

As of June 30, 2026, EverCommerce had total debt of $529.6M and cash and short-term investments of $133.5M, leaving net debt at $396.1M. Its debt-to-equity ratio was 0.74.

When is EverCommerce's next earnings date?

EverCommerce is scheduled to report its next financial results on November 5, 2026.

What are analysts forecasting for EVCM?

Analysts have an average price target of $11.00, representing a 16.9% premium over the October 16, 2026 close of $9.41. For FY2026, consensus estimates project EPS of $0.75 on revenue of $613.4M.

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