EverQuote is attractively valued, supported by insurer marketing budget recovery, rapid revenue growth, and a debt-free balance sheet. Q2 revenues grew 24% year-over-year to $195.1M, with auto insurance comprising 88% of total revenue and home insurance growing 35%. EVER trades at a 10.3x forward P/E, a significant discount to sector peers, reflecting market skepticism about the sustainability of insurer marketing spend.
EverQuote (EVER) reported earnings 30 days ago. What's next for the stock?
EverQuote NASDAQ: EVER CFO Joseph Sanborn said the insurance marketplace company expects a favorable operating environment to continue as property-and-casualty insurers shift from prioritizing underwriting profitability to growing their policy bases.
EverQuote's Waniwani partnership expands its AI solutions for P&C insurers, targeting growing AI-driven insurance discovery, engagement and conversion.
EverQuote offers a compelling small-cap value opportunity, with recent post-earnings weakness creating an optimal entry point. EVER is delivering ~20% top-line growth despite tougher comps, driven by both core auto and expanding home/renters' insurance verticals. Strategic AI LLM integrations and disciplined cost management are fueling >30% adjusted EBITDA growth and improving marketing efficiency.
EverQuote's Q2 results were driven by strong growth in its Automotive and Home & Renters businesses, lifting earnings and revenues above estimates.
EverQuote, Inc. (EVER) Q2 2026 Earnings Call Transcript
EverQuote (EVER) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.39 per share a year ago.
EverQuote NASDAQ: EVER reported second-quarter 2026 revenue growth of 25% year over year to $195.1 million, while adjusted EBITDA rose 37% to a record $30.1 million. The company said demand from both insurance carriers and local agents remained strong as carriers focused on expanding policies in force.
EverQuote is rated Buy, trading at ~12x 2026 earnings and ~6x EBITDA despite 20%+ revenue and 30%+ EBITDA growth outlook. Carrier demand, referral pricing, and operating leverage are offsetting normalization in consumer insurance shopping activity, supporting continued growth. EVER's valuation is modest compared to slower-growing digital marketplaces, with forward revenue and EBITDA growth far outpacing Cars.com and Yelp.
EverQuote (EVER) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
EverQuote (EVER) reported earnings 30 days ago. What's next for the stock?