EverCommerce Stock: Is There a Path to a $12 Price Target?

Quick Read

• EverCommerce has had a volatile stretch. Shares are up 13.41% over the past year but have pulled back more than 12% year-to-date, trading around $10.15 against a 52-week high of $14.41.

• Canaccord’s price target rests on EverCommerce’s cash generation, with the firm pointing to $130 million in trailing-12-month adjusted unlevered free cash flow.

• With 179.4 million shares outstanding, a $12 price target reflects a significant premium to current trading levels.

• It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
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