Overview

* EverQuote ( EVER ) Q3 revenue grows 20% yr/yr, beating analyst expectations

* Adjusted EBITDA for Q3 beats analyst estimates, increasing 33% yr/yr

* Company repurchased $21 mln of shares, indicating confidence in long-term growth

Outlook

* EverQuote forecasts Q4 2025 revenue between $174 mln and $180 mln

* Company expects Q4 2025 variable marketing dollars of $46 mln to $48 mln

* EverQuote projects Q4 2025 adjusted EBITDA of $21 mln to $23 mln

Result Drivers

* AI AND TECHNOLOGY - Co attributes Q3 revenue growth and operational efficiency to AI and technology investments

* SHARE BUYBACK - Co repurchased $21 mln of shares, indicating confidence in long-term growth

* AUTOMOTIVE INSURANCE - Revenue in automotive insurance vertical grew 21%, contributing to overall revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $173.94 $166.10

Revenue mln mln (8

Analysts

)

Q3 Net $18.86

Income mln

Q3 Beat $25.10 $22.80

Adjusted mln mln (8

EBITDA Analysts

)

Q3 $18.52

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the online services peer group is "buy"

* Wall Street's median 12-month price target for EverQuote Inc ( EVER ) is $33.00, about 34.7% above its October 31 closing price of $21.54

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)