EverQuote stock fell 2.40 percent on October 2 despite Q2 growth

Published on 10/04/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EverQuote stock posted USD 195 million of Q2 revenue, up 24.6 percent year over year. Q3 revenue guidance is USD 198 million-USD 208 million, while analyst targets average USD 28.17.

EVER, US30041R1086, Illustration mit AI erstellt.

EverQuote stock (ISIN US30041R1086) was last at USD 19.50 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, down 2.40 percent from the prior session. The latest operating picture combines Q2 2026 revenue growth with a Q3 revenue range of USD 198 million-USD 208 million.

Q2 revenue beat expectations

Zacks reported that EverQuote generated USD 195 million of revenue in Q2 2026, up 24.6 percent from the prior-year quarter and 2.6 percent above consensus. Operating net income per share reached USD 0.65, exceeding the consensus estimate by 6.6 percent.

The growth was concentrated in the insurance marketplace. Automotive revenue increased 23.3 percent year over year to USD 172.1 million, while Home and Renters revenue rose 35.2 percent to USD 23 million, according to Zacks. Variable marketing dollars grew 25 percent to USD 56.9 million, and adjusted EBITDA climbed 37.1 percent to USD 30.1 million.

Guidance sets the next test

For Q3 2026, management guided revenue to USD 198 million-USD 208 million, variable marketing dollars to USD 56 million-USD 59 million and adjusted EBITDA to USD 28 million-USD 31 million, per Zacks. The midpoint of the revenue range is USD 203 million, which would require continued expansion from the Q2 base.

EverQuote exited Q2 with USD 192.3 million in cash, up 12.3 percent from the end of 2025, while operating cash flow was USD 24.3 million. The company also guided to adjusted EBITDA of USD 28 million-USD 31 million, making profitability conversion a central checkpoint for the next report.

Consensus stays above the share price

MarketBeat lists six Buy ratings, one Hold and one Sell, producing a Moderate Buy consensus and an average price target of USD 28.17. Against the USD 19.50 price, that target lies 44.46 percent above the share price.

The counterweight is estimate direction. Zacks said fresh estimates had moved downward and assigned EverQuote a Zacks Rank of 4, or Sell, despite the Q2 revenue and earnings beats.

EverQuote stock stays below yearly high

EverQuote stock was last at USD 19.50 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. The 52-week range was USD 13.88 to USD 28.73, while market capitalization stood at USD 687.2 million and trading volume reached 642,175 shares.