Everest Group (EG) Stock Forecast, Price Target & Predictions
EG Stock Forecast
Everest Group stock forecast is as follows: an average price target of $403.29 (represents a 8.87% upside from EG’s last price of $370.44) 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 $403.29 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 8.87% upside from EG's last price of $370.44.
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 |
|---|---|---|---|---|---|---|
| Nov 14, 2024 | Michael Zaremski | BMO Capital | $372.00 | $368.43 | 0.97% | 0.42% |
| Oct 10, 2024 | Joshua Shanker | Bank of America Securities | $485.00 | $388.89 | 24.71% | 30.93% |
| Sep 04, 2024 | Alex Scott | Barclays | $527.00 | $392.50 | 34.27% | 42.26% |
| Aug 07, 2024 | Michael Zaremski | BMO Capital | $403.00 | $360.63 | 11.75% | 8.79% |
| Feb 02, 2023 | - | Raymond James | $385.00 | $356.33 | 8.05% | 3.93% |
| Nov 29, 2022 | - | Wells Fargo | $365.00 | $332.95 | 9.63% | -1.47% |
| Nov 22, 2022 | - | Morgan Stanley | $345.00 | $325.32 | 6.05% | -6.87% |
| Jul 12, 2022 | - | Jefferies | $344.00 | $280.12 | 22.80% | -7.14% |
The latest Everest Group stock forecast, released on Nov 14, 2024 by Michael Zaremski from BMO Capital, set a price target of $372.00, which represents a 0.97% increase from the stock price at the time of the forecast ($368.43), and a 0.42% increase from EG last price ($370.44).
Everest Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $372.00 | $461.33 | $446.75 |
| Last Closing Price | $370.44 | $370.44 | $370.44 |
| Upside/Downside | 0.42% | 24.54% | 20.60% |
In the current month, the average price target of Everest Group stock is $372.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 0.42% increase as opposed to Everest Group's last price of $370.44. This month's average price target is down -19.36% compared to last quarter, and down -16.73% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Oct 09, 2024 | Wellington Shields | Underperform | Underperform | Hold |
| Oct 09, 2024 | Jefferies | Buy | Buy | Hold |
| 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 |
Everest Group's last stock rating was published by Wells Fargo on Oct 09, 2024. The company gave EG a "Market Perform" rating, the same as its previous rate.
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 | Jun 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 | $2.83B | $2.90B | $3.05B | $2.79B | $2.84B | $2.74B | $2.67B | $2.61B | $2.24B | $1.98B | $2.21B | $2.04B |
| Avg Forecast | $4.73B | $4.59B | $4.72B | $4.54B | $4.66B | $4.56B | $4.56B | $4.44B | $4.34B | $4.33B | $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 | $5.06B | $4.92B | $5.06B | $4.87B | $4.99B | $4.89B | $4.88B | $4.55B | $4.51B | $4.37B | $4.32B | $4.05B | $3.89B | $4.14B | $3.88B | $3.61B | $3.51B | $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 |
| Low Forecast | $4.54B | $4.42B | $4.54B | $4.37B | $4.48B | $4.39B | $4.38B | $4.31B | $4.23B | $4.30B | $4.32B | $4.05B | $3.77B | $3.68B | $3.48B | $3.24B | $3.15B | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 0.93% | 0.91% | 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 $3.88B. 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 | Jun 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 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $440.00M | $595.00M | $-376.00M | $143.52M | $345.18M | $523.43M | $-72.18M | $775.79M | $388.73M | $163.37M | $279.15M | $256.23M | $3.60M | $234.09M | $111.25M |
| Avg Forecast | $-1.52M | $-1.48M | $-1.52M | $-1.46M | $-1.50M | $-1.47M | $-1.47M | $-1.43M | $-1.40M | $-1.40M | $-1.39M | $-1.31M | $-1.24M | $-1.24M | $-1.17M | $-1.09M | $-1.06M | $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 | $-1.46M | $-1.42M | $-1.46M | $-1.41M | $-1.44M | $-1.41M | $-1.41M | $-1.39M | $-1.36M | $-1.39M | $-1.39M | $-1.31M | $-1.21M | $-1.19M | $-1.12M | $-1.04M | $-1.01M | $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 |
| Low Forecast | $-1.63M | $-1.59M | $-1.63M | $-1.57M | $-1.61M | $-1.58M | $-1.57M | $-1.47M | $-1.45M | $-1.41M | $-1.39M | $-1.31M | $-1.25M | $-1.33M | $-1.25M | $-1.16M | $-1.13M | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -404.92% | -563.75% | -1.40% | 0.58% | 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 $-1.17M, with a high of $-1.12M and a low of $-1.25M. This is -100.26% 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 | Jun 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 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $365.00M | $496.00M | $-319.00M | $122.63M | $297.75M | $430.71M | $-73.47M | $679.98M | $341.86M | $63.60M | $243.06M | $190.88M | $16.61M | $217.64M | $104.40M |
| Avg Forecast | $836.03M | $555.56M | $818.48M | $848.31M | $791.34M | $500.78M | $769.97M | $769.50M | $519.13M | $515.67M | $701.74M | $678.60M | $623.82M | $479.10M | $502.80M | $533.61M | $411.07M | $-211.73M | $344.95M | $403.03M | $381.91M | $-45.29M | $371.27M | $197.22M | $-18.24M | $71.27M | $69.80M | $154.72M | $113.02M | $94.76M |
| High Forecast | $913.60M | $607.10M | $894.42M | $927.01M | $864.76M | $547.25M | $841.41M | $800.56M | $695.31M | $563.51M | $701.75M | $678.61M | $638.75M | $610.18M | $549.44M | $583.12M | $449.21M | $-211.73M | $344.95M | $403.03M | $381.91M | $-45.29M | $371.27M | $197.22M | $-18.24M | $71.27M | $69.80M | $154.72M | $113.02M | $94.76M |
| Low Forecast | $793.88M | $527.55M | $777.21M | $805.54M | $751.45M | $475.54M | $731.15M | $724.77M | $376.83M | $489.67M | $701.74M | $678.59M | $607.19M | $346.67M | $477.45M | $506.71M | $390.34M | $-211.73M | $344.95M | $403.03M | $381.91M | $-45.29M | $371.27M | $197.22M | $-18.24M | $71.27M | $69.80M | $154.72M | $113.02M | $94.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 1.21% | 1.51% | 0.36% | 0.74% | 1.13% | 1.62% | 1.83% | 1.73% | -3.49% | 3.41% | 2.73% | 0.11% | 1.93% | 1.10% |
Everest Group's average Quarter net income forecast for Jun 23 is $502.80M, with a range of $477.45M to $549.44M. EG's average Quarter net income forecast represents a 37.75% 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 | Jun 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 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.00M | $16.00M | $16.00M | $15.02M | $14.02M | $21.46M | $17.82M | $16.17M | $12.38M | $11.93M | $10.62M | $8.73M | $9.83M | $10.34M | $8.44M |
| Avg Forecast | $23.10M | $22.46M | $23.06M | $22.20M | $22.77M | $22.30M | $22.28M | $21.71M | $21.22M | $21.18M | $21.11M | $19.81M | $18.80M | $18.82M | $17.68M | $16.48M | $16.01M | $16.36M | $15.19M | $15.20M | $14.35M | $14.05M | $12.68M | $12.33M | $12.36M | $11.54M | $10.54M | $10.02M | $10.72M | $10.11M |
| High Forecast | $24.75M | $24.06M | $24.71M | $23.78M | $24.40M | $23.89M | $23.87M | $22.22M | $22.02M | $21.34M | $21.11M | $19.81M | $18.99M | $20.21M | $18.94M | $17.66M | $17.15M | $16.36M | $15.19M | $15.20M | $14.35M | $14.05M | $12.68M | $12.33M | $12.36M | $11.54M | $10.54M | $10.02M | $10.72M | $10.11M |
| Low Forecast | $22.20M | $21.58M | $22.17M | $21.34M | $21.89M | $21.43M | $21.42M | $21.05M | $20.70M | $21.03M | $21.11M | $19.81M | $18.43M | $17.98M | $17.00M | $15.84M | $15.39M | $16.36M | $15.19M | $15.20M | $14.35M | $14.05M | $12.68M | $12.33M | $12.36M | $11.54M | $10.54M | $10.02M | $10.72M | $10.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.00% | 0.98% | 0.99% | 0.92% | 1.50% | 1.27% | 1.28% | 1.00% | 0.97% | 0.92% | 0.83% | 0.98% | 0.96% | 0.83% |
Everest Group's average Quarter SG&A projection for Jun 23 is $17.68M, based on 2 Wall Street analysts, with a range of $17.00M to $18.94M. 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 | Jun 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 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.31 | $12.78 | $-8.22 | $3.11 | $7.67 | $11.00 | $-1.87 | $16.97 | $8.53 | $1.61 | $6.08 | $4.78 | $0.41 | $5.34 | $2.56 |
| Avg Forecast | $19.63 | $13.04 | $19.21 | $19.91 | $18.58 | $11.76 | $18.07 | $18.06 | $12.19 | $12.10 | $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 | $21.45 | $14.25 | $21.00 | $21.76 | $20.30 | $12.85 | $19.75 | $18.79 | $16.32 | $13.23 | $16.47 | $15.93 | $14.99 | $14.32 | $12.90 | $13.69 | $10.54 | $-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 |
| Low Forecast | $18.64 | $12.38 | $18.24 | $18.91 | $17.64 | $11.16 | $17.16 | $17.01 | $8.85 | $11.49 | $16.47 | $15.93 | $14.25 | $8.14 | $11.21 | $11.89 | $9.16 | $-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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.32% | 1.66% | 0.39% | 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 $11.21 and a high estimate of $12.90. This represents a 26.77% increase compared to EG previous annual EPS of $9.31 (Mar 23).