Stephens analyst Brian Colley maintained a Buy rating on Everbridge (NASDAQ:EVBG) on Thursday, setting a price target of $165, which is approximately 37.43% above the present share price of $120.06.
Colley expects Everbridge to post earnings per share (EPS) of -$0.60 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Everbridge, with an average price target of $156.43.
The analysts price targets range from a high of $175 to a low of $140.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $82.21 million and a net profit of -$18.24 million. The company's market cap is $4.58 billion.
According to TipRanks.com, Stephens analyst Brian Colley is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 5.3% and a 60.00% success rate.
Everbridge, Inc. engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization's operational response to critical events. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. The company was founded by Cinta Putra and Steve Kirchmeier in 2002 and is headquartered in Burlington, MA.