Everest Group (EG) Stock Forecast, Price Target & Predictions
EG Stock Forecast
Everest Group stock forecast is as follows: an average price target of $394.83 (represents a 2.98% upside from EG’s last price of $383.39) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
EG Price Target
The average price target for Everest Group (EG) is $394.83 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $527.00 to $344.00. This represents a potential 2.98% upside from EG's last price of $383.39.
EG Analyst Ratings
According to 7 Wall Street analysts, Everest Group's rating consensus is 'Buy'. The analyst rating breakdown for EG stock is 1 'Strong Buy' (14.29%), 4 'Buy' (57.14%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Everest Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 04, 2024 | Alex Scott | Barclays | $527.00 | $392.50 | 34.27% | 37.46% |
| Aug 07, 2024 | Michael Zaremski | BMO Capital | $403.00 | $360.63 | 11.75% | 5.11% |
| Feb 02, 2023 | - | Raymond James | $385.00 | $356.33 | 8.05% | 0.42% |
| Nov 29, 2022 | - | Wells Fargo | $365.00 | $332.95 | 9.63% | -4.80% |
| Nov 22, 2022 | - | Morgan Stanley | $345.00 | $325.32 | 6.05% | -10.01% |
| Jul 12, 2022 | - | Jefferies | $344.00 | $280.12 | 22.80% | -10.27% |
The latest Everest Group stock forecast, released on Sep 04, 2024 by Alex Scott from Barclays, set a price target of $527.00, which represents a 34.27% increase from the stock price at the time of the forecast ($392.50), and a 37.46% increase from EG last price ($383.39).
Everest Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 2 |
| Avg Price Target | $465.00 | $465.00 | $465.00 |
| Last Closing Price | $383.39 | $383.39 | $383.39 |
| Upside/Downside | 21.29% | 21.29% | 21.29% |
In the current month, the average price target of Everest Group stock is $465.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 21.29% increase as opposed to Everest Group's last price of $383.39. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Barclays | - | Overweight | Initialise |
| Aug 12, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 07, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 30, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Feb 09, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Jul 07, 2023 | Raymond James | Outperform | Strong Buy | Upgrade |
| Feb 13, 2023 | Raymond James | Outperform | Outperform | Hold |
| Feb 02, 2023 | Raymond James | - | Outperform | Initialise |
| Nov 29, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Nov 22, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
Everest Group's last stock rating was published by Barclays on Sep 04, 2024. The company Initialise its EG rating from "null" to "Overweight".
Everest Group Financial Forecast
Everest Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.30B | $3.27B | $3.12B | - | $2.90B | $3.05B | $2.79B | $2.84B | $2.74B | $2.67B | $2.61B | $2.24B | $1.98B | $2.21B | $2.04B |
| Avg Forecast | $5.13B | $5.05B | $5.01B | $4.84B | $4.92B | $4.83B | $4.74B | $4.61B | $4.50B | $4.39B | $4.32B | $4.05B | $3.85B | $3.85B | $3.62B | $3.37B | $3.28B | $3.35B | $3.11B | $3.11B | $2.94B | $2.88B | $2.59B | $2.52B | $2.53B | $2.36B | $2.16B | $2.05B | $2.19B | $2.07B |
| High Forecast | $5.58B | $5.49B | $5.44B | $5.26B | $5.35B | $5.25B | $5.16B | $5.01B | $4.89B | $4.42B | $4.70B | $4.41B | $3.89B | $4.14B | $3.93B | $3.67B | $3.56B | $3.64B | $3.11B | $3.29B | $3.11B | $3.04B | $2.74B | $2.67B | $2.67B | $2.50B | $2.28B | $2.17B | $2.32B | $2.19B |
| Low Forecast | $4.93B | $4.85B | $4.81B | $4.65B | $4.73B | $4.64B | $4.56B | $4.43B | $4.32B | $4.33B | $4.15B | $3.90B | $3.77B | $3.68B | $3.48B | $3.24B | $3.15B | $3.22B | $3.11B | $3.00B | $2.83B | $2.77B | $2.50B | $2.43B | $2.44B | $2.28B | $2.08B | $1.98B | $2.12B | $2.00B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 0.93% | - | 0.93% | 1.04% | 0.97% | 1.09% | 1.09% | 1.06% | 1.11% | 1.04% | 0.97% | 1.01% | 0.99% |
Everest Group's average Quarter revenue forecast for Jun 23 based on 2 analysts is $3.62B, with a low forecast of $3.48B, and a high forecast of $3.93B. EG's average Quarter revenue forecast represents a 9.64% increase compared to the company's last Quarter revenue of $3.30B (Mar 23).
Everest Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $440.00M | $595.00M | $-376.00M | - | $345.18M | $523.43M | $-72.18M | $775.79M | $388.73M | $163.37M | $279.15M | $256.23M | $3.60M | $234.09M | $111.25M |
| Avg Forecast | $411.86M | $405.42M | $401.80M | $388.27M | $395.05M | $387.63M | $380.85M | $370.09M | $361.23M | $352.07M | $346.75M | $325.45M | $308.84M | $309.13M | $290.44M | $270.71M | $262.94M | $268.67M | $249.47M | $249.71M | $235.78M | $230.83M | $208.22M | $202.57M | $202.94M | $189.58M | $173.07M | $164.51M | $176.13M | $166.12M |
| High Forecast | $447.87M | $440.87M | $436.94M | $422.22M | $429.59M | $421.53M | $414.15M | $402.45M | $392.81M | $354.42M | $377.07M | $353.90M | $311.92M | $331.99M | $315.84M | $294.38M | $285.93M | $292.16M | $249.47M | $264.16M | $249.42M | $244.19M | $220.27M | $214.29M | $214.68M | $200.55M | $183.08M | $174.02M | $186.33M | $175.73M |
| Low Forecast | $395.81M | $389.62M | $386.14M | $373.13M | $379.65M | $372.52M | $366.00M | $355.66M | $347.14M | $347.37M | $333.23M | $312.76M | $302.68M | $295.30M | $279.12M | $260.16M | $252.69M | $258.19M | $249.47M | $240.83M | $227.39M | $222.62M | $200.82M | $195.37M | $195.73M | $182.84M | $166.91M | $158.66M | $169.87M | $160.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.63% | 2.26% | -1.40% | - | 1.38% | 2.22% | -0.31% | 3.73% | 1.92% | 0.80% | 1.47% | 1.48% | 0.02% | 1.33% | 0.67% |
2 analysts predict EG's average Quarter EBITDA for Jun 23 to be $290.44M, with a high of $315.84M and a low of $279.12M. This is -33.99% lower than Everest Group's previous annual EBITDA (Mar 23) of $440.00M.
Everest Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $365.00M | $496.00M | $-319.00M | - | $297.75M | $430.71M | $-73.47M | $679.98M | $341.86M | $63.60M | $243.06M | $190.88M | $16.61M | $217.64M | $104.40M |
| Avg Forecast | $928.72M | $579.40M | $903.32M | $906.62M | $842.34M | $511.78M | $803.70M | $792.52M | $754.69M | $447.34M | $705.04M | $681.78M | $626.75M | $481.35M | $505.16M | $536.12M | $413.00M | $-211.73M | $345.75M | $408.68M | $387.27M | $-45.93M | $376.47M | $199.98M | $-18.49M | $72.27M | $70.78M | $156.89M | $114.60M | $96.09M |
| High Forecast | $1.03B | $645.26M | $1.01B | $1.01B | $938.09M | $569.95M | $895.06M | $882.60M | $840.48M | $518.56M | $785.18M | $759.28M | $641.75M | $613.04M | $562.58M | $597.06M | $459.94M | $-201.00M | $345.75M | $439.42M | $416.39M | $-43.80M | $404.79M | $215.02M | $-17.64M | $77.70M | $76.11M | $168.69M | $123.22M | $103.32M |
| Low Forecast | $881.65M | $550.03M | $857.54M | $860.67M | $799.65M | $485.84M | $762.97M | $752.35M | $716.44M | $381.76M | $669.30M | $647.23M | $610.04M | $348.30M | $479.55M | $508.95M | $392.07M | $-235.80M | $345.75M | $389.78M | $369.36M | $-49.38M | $359.07M | $190.73M | $-19.89M | $68.92M | $67.51M | $149.64M | $109.30M | $91.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 1.20% | 1.51% | - | 0.73% | 1.11% | 1.60% | 1.81% | 1.71% | -3.44% | 3.36% | 2.70% | 0.11% | 1.90% | 1.09% |
Everest Group's average Quarter net income forecast for Jun 23 is $505.16M, with a range of $479.55M to $562.58M. EG's average Quarter net income forecast represents a 38.40% increase compared to the company's last Quarter net income of $365.00M (Mar 23).
Everest Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.00M | $16.00M | $16.00M | - | $14.02M | $21.46M | $17.82M | $16.17M | $12.38M | $11.93M | $10.62M | $8.73M | $9.83M | $10.34M | $8.44M |
| Avg Forecast | $25.07M | $24.68M | $24.46M | $23.64M | $24.05M | $23.60M | $23.19M | $22.53M | $21.99M | $21.43M | $21.11M | $19.81M | $18.80M | $18.82M | $17.68M | $16.48M | $16.01M | $16.36M | $15.19M | $12.09M | $11.41M | $11.17M | $10.08M | $9.81M | $9.82M | $9.18M | $8.38M | $7.96M | $8.53M | $8.04M |
| High Forecast | $27.27M | $26.84M | $26.60M | $25.70M | $26.15M | $25.66M | $25.21M | $24.50M | $23.91M | $21.58M | $22.96M | $21.55M | $18.99M | $20.21M | $19.23M | $17.92M | $17.41M | $17.79M | $15.19M | $12.79M | $12.07M | $11.82M | $10.66M | $10.37M | $10.39M | $9.71M | $8.86M | $8.42M | $9.02M | $8.51M |
| Low Forecast | $24.10M | $23.72M | $23.51M | $22.72M | $23.11M | $22.68M | $22.28M | $21.65M | $21.13M | $21.15M | $20.29M | $19.04M | $18.43M | $17.98M | $16.99M | $15.84M | $15.38M | $15.72M | $15.19M | $11.66M | $11.01M | $10.78M | $9.72M | $9.46M | $9.48M | $8.85M | $8.08M | $7.68M | $8.22M | $7.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.00% | 0.98% | - | 1.16% | 1.88% | 1.59% | 1.60% | 1.26% | 1.21% | 1.16% | 1.04% | 1.23% | 1.21% | 1.05% |
Everest Group's average Quarter SG&A projection for Jun 23 is $17.68M, based on 2 Wall Street analysts, with a range of $16.99M to $19.23M. The forecast indicates a -6.94% fall compared to EG last annual SG&A of $19.00M (Mar 23).
Everest Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.31 | $12.78 | $-8.22 | - | $7.67 | $11.00 | $-1.87 | $16.97 | $8.53 | $1.61 | $6.08 | $4.78 | $0.41 | $5.34 | $2.56 |
| Avg Forecast | $21.70 | $13.54 | $21.11 | $21.18 | $19.68 | $11.96 | $18.78 | $18.52 | $17.63 | $10.45 | $16.47 | $15.93 | $14.64 | $11.25 | $11.80 | $12.53 | $9.65 | $-4.95 | $8.06 | $9.42 | $8.92 | $-1.06 | $8.67 | $4.61 | $-0.43 | $1.67 | $1.63 | $3.62 | $2.64 | $2.21 |
| High Forecast | $24.17 | $15.08 | $23.50 | $23.59 | $21.92 | $13.32 | $20.91 | $20.62 | $19.64 | $12.12 | $18.35 | $17.74 | $14.99 | $14.32 | $13.14 | $13.95 | $10.75 | $-4.70 | $8.06 | $10.12 | $9.59 | $-1.01 | $9.33 | $4.95 | $-0.41 | $1.79 | $1.75 | $3.89 | $2.84 | $2.38 |
| Low Forecast | $20.60 | $12.85 | $20.04 | $20.11 | $18.68 | $11.35 | $17.83 | $17.58 | $16.74 | $8.92 | $15.64 | $15.12 | $14.25 | $8.14 | $11.20 | $11.89 | $9.16 | $-5.51 | $8.06 | $8.98 | $8.51 | $-1.14 | $8.27 | $4.39 | $-0.46 | $1.59 | $1.56 | $3.45 | $2.52 | $2.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.32% | 1.66% | - | 0.81% | 1.23% | 1.77% | 1.96% | 1.85% | -3.78% | 3.65% | 2.93% | 0.11% | 2.02% | 1.16% |
According to 2 Wall Street analysts, Everest Group's projected average Quarter EPS for Jun 23 is $11.80, with a low estimate of $11.20 and a high estimate of $13.14. This represents a 26.77% increase compared to EG previous annual EPS of $9.31 (Mar 23).
EG Forecast FAQ
Is Everest Group a good buy?
Yes, according to 7 Wall Street analysts, Everest Group (EG) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 71.43% of EG's total ratings.
What is EG's price target?
Everest Group (EG) average price target is $394.83 with a range of $344 to $527, implying a 2.98% from its last price of $383.39. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Everest Group stock go up soon?
According to Wall Street analysts' prediction for EG stock, the company can go up by 2.98% (from the last price of $383.39 to the average price target of $394.83), up by 37.46% based on the highest stock price target, and down by -10.27% based on the lowest stock price target.
Can Everest Group stock reach $600?
EG's average twelve months analyst stock price target of $394.83 does not support the claim that Everest Group can reach $600 in the near future.
What is Everest Group's current price target trend?
2 Wall Street analysts forecast a $465 price target for Everest Group (EG) this month, up 21.29% from its last price of $383.39. Compared to the last 3 and 12 months, the average price target increased by 21.29% and increased by 21.29%, respectively.
What are Everest Group's analysts' financial forecasts?
Everest Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $19.1B (high $20.77B, low $18.36B), average EBITDA is $1.53B (high $1.67B, low $1.47B), average net income is $2.95B (high $3.29B, low $2.8B), average SG&A $93.37M (high $101.53M, low $89.73M), and average EPS is $68.93 (high $76.77, low $65.44). EG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $20.02B (high $21.77B, low $19.24B), average EBITDA is $1.61B (high $1.75B, low $1.54B), average net income is $3.32B (high $3.7B, low $3.15B), average SG&A $97.86M (high $106.41M, low $94.04M), and average EPS is $77.52 (high $86.34, low $73.6).
Did the EG's actual financial results beat the analysts' financial forecasts?
Based on Everest Group's last annual report (Dec 2022), the company's revenue was $11.98B, which missed the average analysts forecast of $12.84B by -6.66%. Apple's EBITDA was $689M, missing the average prediction of $1.03B by -33.16%. The company's net income was $597M, missing the average estimation of $955.7M by -37.53%. Apple's SG&A was $61M, beating the average forecast of $59.64M by 2.28%. Lastly, the company's EPS was $15.19, missing the average prediction of $22.18 by -31.51%. In terms of the last quarterly report (Mar 2023), Everest Group's revenue was $3.3B, missing the average analysts' forecast of $3.37B by -2.14%. The company's EBITDA was $440M, beating the average prediction of $270.71M by 62.53%. Everest Group's net income was $365M, missing the average estimation of $536.12M by -31.92%. The company's SG&A was $19M, beating the average forecast of $16.48M by 15.28%. Lastly, the company's EPS was $9.31, missing the average prediction of $12.53 by -25.68%