Envestnet (ENV) Stock Forecast, Price Target & Predictions
ENV Stock Forecast
Envestnet stock forecast is as follows: an average price target of $67.86 (represents a 8.07% upside from ENV’s last price of $62.79) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
ENV Price Target
The average price target for Envestnet (ENV) is $67.86 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $83.00 to $59.00. This represents a potential 8.07% upside from ENV's last price of $62.79.
ENV Analyst Ratings
According to 6 Wall Street analysts, Envestnet's rating consensus is 'Hold'. The analyst rating breakdown for ENV stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 5 'Hold' (83.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Envestnet Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 18, 2024 | Peter Heckmann | D.A. Davidson | $63.00 | $62.65 | 0.56% | 0.33% |
| Jul 16, 2024 | Alex Kramm | UBS | $63.15 | $61.84 | 2.12% | 0.57% |
| May 08, 2024 | Surinder Thind | Jefferies | $59.00 | $63.76 | -7.47% | -6.04% |
| Apr 17, 2024 | Devin Ryan | JMP Securities | $79.00 | $61.24 | 29.00% | 25.82% |
| Apr 02, 2024 | Patrick O\'Shaughnessy | Raymond James | $60.00 | $57.29 | 4.73% | -4.44% |
| Apr 02, 2024 | Peter Heckmann | D.A. Davidson | $67.00 | $57.29 | 16.95% | 6.70% |
| Jan 06, 2023 | - | Raymond James | $71.00 | $62.66 | 13.31% | 13.08% |
| Aug 06, 2021 | David Grossman | Stifel Nicolaus | $83.00 | $76.51 | 8.48% | 32.19% |
The latest Envestnet stock forecast, released on Sep 18, 2024 by Peter Heckmann from D.A. Davidson, set a price target of $63.00, which represents a 0.56% increase from the stock price at the time of the forecast ($62.65), and a 0.33% increase from ENV last price ($62.79).
Envestnet Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $63.00 | $65.19 |
| Last Closing Price | $62.79 | $62.79 | $62.79 |
| Upside/Downside | -100.00% | 0.33% | 3.82% |
In the current month, the average price target of Envestnet stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Envestnet's last price of $62.79. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 16, 2024 | UBS | - | Neutral | Downgrade |
| Jul 11, 2024 | JMP Securities | Market Outperform | Market Perform | Downgrade |
| Jul 11, 2024 | William Blair | - | Market Perform | Downgrade |
| May 08, 2024 | Jefferies | - | Hold | Upgrade |
| Apr 17, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Apr 02, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jan 06, 2023 | Raymond James | - | Outperform | Downgrade |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
Envestnet's last stock rating was published by UBS on Jul 16, 2024. The company Downgrade its ENV rating from "null" to "Neutral".
Envestnet Financial Forecast
Envestnet Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $317.63B | $316.85B | - | $298.71M | $292.87M | $306.69M | $318.85M | $321.36M | $319.62M | $303.05M | $288.74M | $275.11M | $263.82M | $252.56M |
| Avg Forecast | $466.07M | $456.47M | $447.07M | $437.86M | $424.00M | $419.00M | $409.00M | $400.00M | $391.53M | $379.60M | $379.53M | $362.60M | $359.46M | $348.93M | $342.90M | $324.87M | $311.70M | $319.96M | $315.55M | $301.44M | $296.14M | $302.65M | $323.95M | $323.59M | $311.67M | $300.77M | $283.58M | $273.41M | $258.50M | $246.65M |
| High Forecast | $466.07M | $456.47M | $447.07M | $437.86M | $424.00M | $419.00M | $409.00M | $400.00M | $391.53M | $379.60M | $379.53M | $362.60M | $359.46M | $355.86M | $342.90M | $324.87M | $312.38M | $321.91M | $315.55M | $301.44M | $296.14M | $302.65M | $323.95M | $323.59M | $311.67M | $300.77M | $283.58M | $273.41M | $258.50M | $246.65M |
| Low Forecast | $466.07M | $456.47M | $447.07M | $437.86M | $424.00M | $419.00M | $409.00M | $400.00M | $391.53M | $379.60M | $379.53M | $362.60M | $359.46M | $342.09M | $342.90M | $324.87M | $311.26M | $318.69M | $315.55M | $301.44M | $296.14M | $302.65M | $323.95M | $323.59M | $311.67M | $300.77M | $283.58M | $273.41M | $258.50M | $246.65M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1019.04% | 990.28% | - | 0.99% | 0.99% | 1.01% | 0.98% | 0.99% | 1.03% | 1.01% | 1.02% | 1.01% | 1.02% | 1.02% |
Envestnet's average Quarter revenue forecast for Mar 24 based on 1 analysts is $324.87M, with a low forecast of $324.87M, and a high forecast of $324.87M. ENV's average Quarter revenue forecast represents a -99.90% decrease compared to the company's last Quarter revenue of $317.63B (Dec 23).
Envestnet EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-151.44B | $32.58B | $-22.71B | $21.88M | $6.81M | $32.36M | $459.00K | $24.90M | $23.00M | $40.74M | $37.24M | $40.23M | $30.58M | $31.36M |
| Avg Forecast | $47.00M | $46.03M | $45.08M | $44.15M | $42.75M | $42.25M | $41.24M | $40.33M | $39.48M | $38.28M | $38.27M | $36.56M | $36.25M | $35.18M | $34.58M | $22.87M | $31.43M | $32.26M | $31.82M | $20.79M | $25.30M | $30.52M | $32.67M | $18.90M | $31.43M | $30.33M | $28.60M | $38.25M | $26.07M | $24.87M |
| High Forecast | $47.00M | $46.03M | $45.08M | $44.15M | $42.75M | $42.25M | $41.24M | $40.33M | $39.48M | $38.28M | $38.27M | $36.56M | $36.25M | $35.88M | $34.58M | $27.44M | $31.50M | $32.46M | $31.82M | $24.95M | $30.36M | $30.52M | $32.67M | $22.68M | $31.43M | $30.33M | $28.60M | $45.90M | $26.07M | $24.87M |
| Low Forecast | $47.00M | $46.03M | $45.08M | $44.15M | $42.75M | $42.25M | $41.24M | $40.33M | $39.48M | $38.28M | $38.27M | $36.56M | $36.25M | $34.50M | $34.58M | $18.30M | $31.39M | $32.14M | $31.82M | $16.63M | $20.24M | $30.52M | $32.67M | $15.12M | $31.43M | $30.33M | $28.60M | $30.60M | $26.07M | $24.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4818.20% | 1009.76% | -713.86% | 1.05% | 0.27% | 1.06% | 0.01% | 1.32% | 0.73% | 1.34% | 1.30% | 1.05% | 1.17% | 1.26% |
3 analysts predict ENV's average Quarter EBITDA for Dec 23 to be $31.43M, with a high of $31.50M and a low of $31.39M. This is -99.90% lower than Envestnet's previous annual EBITDA (Sep 23) of $32.58B.
Envestnet Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-183.17B | $7.09B | $-23.13B | $-42.76M | $-37.84M | $-8.66M | $-24.27M | $-14.71M | $-5.31M | $11.74M | $-8.28M | $14.95M | $7.24M | $1.91M |
| Avg Forecast | $61.66M | $56.53M | $52.60M | $50.08M | $52.62M | $49.67M | $44.43M | $43.63M | $46.13M | $42.37M | $36.67M | $37.70M | $42.07M | $37.87M | $34.43M | $-16.02M | $29.00M | $29.55M | $25.67M | $-14.57M | $-5.62M | $22.92M | $25.50M | $-13.24M | $27.39M | $31.96M | $29.92M | $14.21M | $35.79M | $32.06M |
| High Forecast | $61.66M | $56.53M | $52.60M | $50.08M | $52.62M | $49.67M | $44.43M | $43.63M | $46.13M | $42.37M | $36.67M | $37.70M | $42.07M | $38.98M | $34.44M | $-12.82M | $29.00M | $30.10M | $25.67M | $-11.65M | $-4.50M | $22.92M | $25.50M | $-10.59M | $27.39M | $31.96M | $29.92M | $17.05M | $35.79M | $32.06M |
| Low Forecast | $61.66M | $56.53M | $52.60M | $50.08M | $52.62M | $49.67M | $44.43M | $43.63M | $46.13M | $42.37M | $36.67M | $37.70M | $42.07M | $36.76M | $34.42M | $-19.23M | $28.45M | $28.45M | $25.67M | $-17.48M | $-6.74M | $22.92M | $25.50M | $-15.89M | $27.39M | $31.96M | $29.92M | $11.37M | $35.79M | $32.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6316.18% | 239.97% | -901.30% | 2.94% | 6.73% | -0.38% | -0.95% | 1.11% | -0.19% | 0.37% | -0.28% | 1.05% | 0.20% | 0.06% |
Envestnet's average Quarter net income forecast for Dec 23 is $29.00M, with a range of $28.45M to $29.00M. ENV's average Quarter net income forecast represents a -99.59% decrease compared to the company's last Quarter net income of $7.09B (Sep 23).
Envestnet SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $51.30B | $49.06B | - | $167.83M | $179.48M | $164.22M | $191.91M | $171.18M | $170.92M | $149.23M | $147.30M | $137.03M | $140.24M | $133.41M |
| Avg Forecast | $257.38M | $252.07M | $246.88M | $241.80M | $234.15M | $231.38M | $225.86M | $220.89M | $216.22M | $209.63M | $209.59M | $200.24M | $198.51M | $192.69M | $189.36M | $197.93M | $172.13M | $176.69M | $174.26M | $179.93M | $188.01M | $167.13M | $178.90M | $163.58M | $172.12M | $166.09M | $156.60M | $130.29M | $142.75M | $136.21M |
| High Forecast | $257.38M | $252.07M | $246.88M | $241.80M | $234.15M | $231.38M | $225.86M | $220.89M | $216.22M | $209.63M | $209.59M | $200.24M | $198.51M | $196.51M | $189.36M | $237.51M | $172.50M | $177.77M | $174.26M | $215.92M | $225.62M | $167.13M | $178.90M | $196.29M | $172.12M | $166.09M | $156.60M | $156.35M | $142.75M | $136.21M |
| Low Forecast | $257.38M | $252.07M | $246.88M | $241.80M | $234.15M | $231.38M | $225.86M | $220.89M | $216.22M | $209.63M | $209.59M | $200.24M | $198.51M | $188.91M | $189.36M | $158.34M | $171.89M | $175.99M | $174.26M | $143.95M | $150.41M | $167.13M | $178.90M | $130.86M | $172.12M | $166.09M | $156.60M | $104.23M | $142.75M | $136.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 298.01% | 277.68% | - | 0.93% | 0.95% | 0.98% | 1.07% | 1.05% | 0.99% | 0.90% | 0.94% | 1.05% | 0.98% | 0.98% |
Envestnet's average Quarter SG&A projection for Mar 24 is $197.93M, based on 1 Wall Street analysts, with a range of $158.34M to $237.51M. The forecast indicates a -99.61% fall compared to ENV last annual SG&A of $51.30B (Dec 23).
Envestnet EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-3.35K | $129.96 | $-424.91 | $-0.79 | $-0.69 | $-0.16 | $-0.44 | $-0.27 | $-0.10 | $0.22 | $-0.15 | $0.28 | $0.13 | $0.04 |
| Avg Forecast | $1.12 | $1.03 | $0.95 | $0.91 | $0.95 | $0.90 | $0.81 | $0.79 | $0.84 | $0.77 | $0.67 | $0.68 | $0.76 | $0.69 | $0.62 | $0.55 | $0.53 | $0.54 | $0.47 | $0.44 | $0.44 | $0.42 | $0.46 | $0.45 | $0.50 | $0.58 | $0.54 | $0.61 | $0.65 | $0.58 |
| High Forecast | $1.12 | $1.03 | $0.95 | $0.91 | $0.95 | $0.90 | $0.81 | $0.79 | $0.84 | $0.77 | $0.67 | $0.68 | $0.76 | $0.71 | $0.62 | $0.55 | $0.53 | $0.55 | $0.47 | $0.44 | $0.44 | $0.42 | $0.46 | $0.45 | $0.50 | $0.58 | $0.54 | $0.61 | $0.65 | $0.58 |
| Low Forecast | $1.12 | $1.03 | $0.95 | $0.91 | $0.95 | $0.90 | $0.81 | $0.79 | $0.84 | $0.77 | $0.67 | $0.68 | $0.76 | $0.67 | $0.62 | $0.55 | $0.52 | $0.52 | $0.47 | $0.44 | $0.44 | $0.42 | $0.46 | $0.45 | $0.50 | $0.58 | $0.54 | $0.61 | $0.65 | $0.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6368.56% | 242.53% | -912.94% | -1.78% | -1.59% | -0.38% | -0.95% | -0.60% | -0.20% | 0.38% | -0.28% | 0.46% | 0.20% | 0.07% |
According to 3 Wall Street analysts, Envestnet's projected average Quarter EPS for Dec 23 is $0.53, with a low estimate of $0.52 and a high estimate of $0.53. This represents a -99.60% decrease compared to ENV previous annual EPS of $129.96 (Sep 23).
Envestnet Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $1.84 | $13.75 | 647.28% | Buy |
| PRO | PROS | $20.73 | $32.67 | 57.60% | Buy |
| ETWO | E2open Parent | $2.94 | $4.40 | 49.66% | Hold |
| AGYS | Agilysys | $102.95 | $116.20 | 12.87% | Buy |
| ENV | Envestnet | $62.79 | $67.86 | 8.07% | Hold |
| AZPN | Aspen | $237.59 | $250.00 | 5.22% | Buy |
| MANH | Manhattan Associates | $266.64 | $276.57 | 3.72% | Buy |
| CWAN | Clearwater Analytics | $26.31 | $26.33 | 0.08% | Buy |
| DSGX | Descartes Systems Group | $107.30 | $105.00 | -2.14% | Buy |
| MLNK | MeridianLink | $23.09 | $20.00 | -13.38% | Buy |
| CVLT | Commvault Systems | $157.29 | $123.20 | -21.67% | Hold |
ENV Forecast FAQ
Is Envestnet a good buy?
No, according to 6 Wall Street analysts, Envestnet (ENV) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 16.67% of ENV's total ratings.
What is ENV's price target?
Envestnet (ENV) average price target is $67.86 with a range of $59 to $83, implying a 8.07% from its last price of $62.79. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Envestnet stock go up soon?
According to Wall Street analysts' prediction for ENV stock, the company can go up by 8.07% (from the last price of $62.79 to the average price target of $67.86), up by 32.19% based on the highest stock price target, and down by -6.04% based on the lowest stock price target.
Can Envestnet stock reach $90?
ENV's average twelve months analyst stock price target of $67.86 does not support the claim that Envestnet can reach $90 in the near future.
What are Envestnet's analysts' financial forecasts?
Envestnet's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.65B (high $1.65B, low $1.65B), average EBITDA is $166.58M (high $166.58M, low $166.58M), average net income is $190.35M (high $190.35M, low $190.35M), average SG&A $912.28M (high $912.28M, low $912.28M), and average EPS is $3.45 (high $3.45, low $3.45). ENV's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.81B (high $1.81B, low $1.81B), average EBITDA is $182.26M (high $182.26M, low $182.26M), average net income is $220.87M (high $220.87M, low $220.87M), average SG&A $998.13M (high $998.13M, low $998.13M), and average EPS is $4.01 (high $4.01, low $4.01).
Did the ENV's actual financial results beat the analysts' financial forecasts?
Based on Envestnet's last annual report (Dec 2023), the company's revenue was $1.25T, beating the average analysts forecast of $1.25B by 99657.92%. Apple's EBITDA was $-95.643B, missing the average prediction of $116.3M by -82336.63%. The company's net income was $-239B, missing the average estimation of $69.65M by -342862.48%. Apple's SG&A was $210.11B, beating the average forecast of $703.01M by 29787.73%. Lastly, the company's EPS was $-0.0044, missing the average prediction of $1.97 by -100.22%. In terms of the last quarterly report (Dec 2023), Envestnet's revenue was $317.63B, beating the average analysts' forecast of $311.7M by 101803.76%. The company's EBITDA was $-151B, missing the average prediction of $31.43M by -481920.09%. Envestnet's net income was $-183B, missing the average estimation of $29M by -631718.43%. The company's SG&A was $51.3B, beating the average forecast of $172.13M by 29701.49%. Lastly, the company's EPS was $-3.349K, missing the average prediction of $0.526 by -636956.12%