Needham analyst Mayank Tandon reiterated a Buy rating on EverQuote (NASDAQ:EVER) Inc on Tuesday, setting a price target of $65, which is approximately 45.97% above the present share price of $44.53.
Tandon expects EverQuote Inc to post earnings per share (EPS) of -$0.12 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in EverQuote, with an average price target of $62.
The analysts price targets range from a high of $70 to a low of $48.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $89.98 million and a net profit of -$3.29 million. The company's market cap is $1.34 billion.
According to TipRanks.com, Needham analyst Mayank Tandon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.1% and a 71.23% success rate.
EverQuote, Inc. operates as an online insurance marketplace connecting consumers with insurance providers. It offers car, home and life insurance. The firm's data and technology platform matches and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. The company was founded by Seth N. Birnbaum, David B. Blundin, and Tomas Revesz in August 1, 2008 and is headquartered in Cambridge, MA.