B.Riley raises EverQuote stock price target on strong Q3 results
B.Riley raised its price target for EverQuote (EVER) to $35, citing strong Q3 2026 results and an upbeat outlook. The company exceeded expectations with $0.49 EPS and $218.1M revenue, up 25% YoY. EverQuote aims for $1B revenue in 1-2 years and trades at a P/E of 7.82.
How this was made
The 30-second read
Why it matters
Analyst price‑target increase reflects confidence in earnings momentum and product rollout.
Market read
The upgrade may prompt short‑term buying interest in EVER and related fintech stocks.
What to watch
Potential competitive pressure from larger insurers entering the digital space.
Background
EverQuote reported Q3 2026 earnings beat and launched a new AI‑driven shopping platform.
Ticker impact
B.Riley raised its price target on EverQuote to $35, citing strong Q3 results and upbeat outlook.
likely upward pressure as investors price in the higher target.
Target raise reflects confidence in earnings beat and growth prospects, which can attract buying.
Market effects
Positive signal for the online insurance brokerage sector may lift peers.
US market may see modest gains in insurance‑tech stocks.
Limited to US‑listed insurance‑tech companies.
Counterpoint
Target raise may be premature if Q4 guidance falls short of expectations.
Key entities
- companyEverQuote
Online insurance marketplace (NASDAQ:EVER).
- analyst_firmB.Riley
Equity research firm that issued the price‑target upgrade.



