EverQuote Trades Above 200-Day SMA: Should You Buy?

EverQuote, Inc. (EVER) has been trading above its 200-day SMA, indicating a short-term bullish trend. Its share price is $23.55, down 21.6% from its 52-week high. The insurer has a market capitalization of $859.8 million and an impressive growth score of A. Analysts have lifted estimates for 2025 and 2026, with a Zacks average price target of $34 per share, indicating a potential 43.2% upside from the last closing price.

EverQuote, Inc. (EVER), a leading digital insurance marketplace, has recently shown promising signs of growth, with analysts forecasting a substantial upside potential. The company's stock, currently trading at $23.55, has seen a notable decline of 21.6% from its 52-week high, but analysts remain optimistic about its future prospects.

Wall Street analysts have set a mean price target of $34.17 for EVER, indicating a potential 43.2% upside from the last closing price. This optimistic outlook is supported by a strong consensus among analysts, with a standard deviation of $2.79, suggesting a high degree of agreement [1]. The lowest estimate of $30.00 implies a 19.9% increase from the current price level, while the most optimistic analyst expects the stock to surge 51.9% to reach $38.00.

In addition to the price targets, EverQuote's earnings estimates have also been revised upwards. B. Riley, a prominent research firm, has increased its Q3 2025 earnings per share estimate from $0.35 to $0.40, with a full-year earnings estimate of $0.72 per share [3]. This positive revision is supported by a strong earnings growth trend, with revenue increasing by 33.7% year-over-year and quarterly earnings exceeding analysts' expectations.

Technical indicators also provide a positive outlook for EVER. While the stock has experienced a short-term bearish trend, with a price decrease of -2.14% since July 2025, it remains within an overall uptrend. The stock's technical signals lean more toward a bullish outlook in the mid-term, with the moving average trend indicating a strong bullish trend in the long term [2]. Furthermore, the stock's short selling activity has decreased, suggesting that short sellers may be anticipating further price appreciation.

Given these positive developments, investors may find EverQuote, Inc. an attractive investment opportunity. However, it is essential to approach price targets and earnings estimates with a degree of skepticism, as analysts' incentives and biases may influence their forecasts [1]. Therefore, investors should conduct thorough research and consider other factors, such as the company's fundamentals and market conditions, before making an investment decision.

References:
[1] https://www.nasdaq.com/articles/wall-street-analysts-predict-3657-upside-everquote-ever-heres-what-you-should-know
[2] https://intellectia.ai/stock/EVER/forecast
[3] https://www.marketbeat.com/instant-alerts/b-riley-forecasts-everquotes-q3-earnings-nasdaqever-2025-08-06/