EverCommerceEVCM
About: EverCommerce Inc provides tailored Software-as-a-Service solutions for service-based small- and medium-sized businesses (SMBs) in-home services, health services, and fitness & wellness. With a platform serving approximately 708,000 customers across three core verticals, including numerous micro-verticals, their solutions address diverse needs within these sectors. Revenue is primarily generated from the United States. Operating in a single segment, their vertically-tailored SaaS offerings cater to SMBs' specialized demands, enabling them to automate processes, generate business, and enhance customer loyalty. The majority of customers contribute modest revenue, with a small percentage contributing higher amounts.
Employees: 2,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 4 (+1) [Q1 2025]
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
3% more funds holding
Funds holding: 91 [Q4 2024] → 94 (+3) [Q1 2025]
0.1% less ownership
Funds ownership: 91.06% [Q4 2024] → 90.96% (-0.1%) [Q1 2025]
9% less capital invested
Capital invested by funds: $1.84B [Q4 2024] → $1.68B (-$158M) [Q1 2025]
27% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 30
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Barclays Ryan Macwilliams | 8%upside $11 | Equal-Weight Maintained | 12 May 2025 |
Canaccord Genuity David Hynes | 37%upside $14 | Buy Maintained | 12 May 2025 |
Piper Sandler Clarke Jeffries | 12%downside $9 | Neutral Maintained | 17 Mar 2025 |
Goldman Sachs Gabriela Borges | 22%downside $8 | Sell Maintained | 14 Mar 2025 |
Jefferies Samad Samana | 2%downside $10 | Hold Maintained | 14 Mar 2025 |
Financial journalist opinion
Based on 6 articles about EVCM published over the past 30 days
