Stephens Believes Everbridge Inc (EVBG) Still Has Room to Grow


In a report released today, Dmitry Netis from Stephens maintained a Buy rating on Everbridge Inc (EVBG), with a price target of $80. The company’s shares closed yesterday at $74.01, close to its 52-week high of $76.60.

Netis has an average return of 68.3% when recommending Everbridge Inc.

According to TipRanks.com, Netis is ranked #272 out of 5194 analysts.

Currently, the analyst consensus on Everbridge Inc is a Strong Buy with an average price target of $74.50.

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Based on Everbridge Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $14.13 million. In comparison, last year the company had a GAAP net loss of $12.34 million.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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