
EverCommerce (EVCM) Stock Forecast & Price Target
EverCommerce (EVCM) Analyst Ratings
Bulls say
EverCommerce Inc has demonstrated a solid growth trajectory, with payments revenue increasing by 6.8% year-over-year, supported by a 7% growth in total payment volume (TPV) reaching an annualized $12.9 billion. The number of customers utilizing one or more solutions significantly rose by 17,000 to a total of 261,000, indicating rising adoption of their SaaS offerings among service-based SMBs. Notably, the uptick in customers using more solutions grew by 29% year-over-year, suggesting the potential for further acceleration in TPV and payments revenue as onboarding processes are completed.
Bears say
EverCommerce Inc's reliance on a single segment for revenue generation from its Software-as-a-Service offerings poses a risk, particularly given that the majority of its customer base contributes only modest revenue. The company's performance heavily depends on a small percentage of higher-revenue customers, which may indicate vulnerability to fluctuations in customer retention and spending. Furthermore, the concentration of revenue from the United States limits growth potential and exposes the company to regional economic downturns, further supporting a cautious outlook on its financial stability.
This aggregate rating is based on analysts' research of EverCommerce and is not a guaranteed prediction by Public.com or investment advice.
EverCommerce (EVCM) Analyst Forecast & Price Prediction
Start investing in EverCommerce (EVCM)
Order type
Buy in
Order amount
Est. shares
0 shares