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Research Alert: CFRA Upgrades Rating On Shares Of Evercore Inc. To Strong Buy From Buy

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our target at $410, on a P/E of 17.7x our 2027 EPS view vs the peer average of 12.4x. We increase our 2026 EPS estimate by $0.93 to $19.38 and 2027's by $1.40 to $23.10. Q1 2026 was a strong quarter for EVR, with broad-based record results across North American Advisory, EMEA Advisory, PCA, PFG, Equities, and Wealth Management. The firm continued to gain market share, ranking #5 in global announced M&A (vs. #12 Y/Y per LSEG Data & Analytics), supported by record backlogs that are replenishing at healthy rates across all businesses. However, management acknowledged that Q1 benefited from exceptional deal timing, as certain Q4 2025 deals slipped into Q1 and expected Q2 2026 transactions accelerated into the quarter. Accordingly, management guided investors to expect Q2 2026 revenues closer to Q2 2025 levels, tempering expectations for sequential growth. Despite near-term lumpiness, we think the underlying momentum remains strong, with a robust pipeline positioning EVR well for continued growth in 2026.

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Research Alert: Lpla Q1: Beats On Eps, Misses On Revenue, As Advisory Shift Improves Margins

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:LPLA delivered Q1 2026 results, with revenues surging 35% to $5.94B (missing estimates by $60M) and adj. EPS of $5.60 beating Street estimates by $0.13. The wealth management transformation accelerated with advisory revenue reaching $2.62B (+55%) and advisory assets growing to $1.39T (+42%), now representing 59.5% of total client assets. We believe LPLA's strategic shift toward fee-based services continues creating a more stable revenue base while improving operating leverage, with total advisory and brokerage assets reaching $2.34T (+30%). Management lowered the upper end of its 2026 core G&A outlook by $20M to $2.16B-$2.19B, including Commonwealth-related expenses. The Commonwealth acquisition remains on track for Q4 2026 completion with asset retention targeting 90% and updated run-rate EBITDA of $410M. With corporate cash of $567M and leverage at 1.86x, we expect LPLA maintains substantial financial flexibility for growth initiatives and plans to resume share repurchases with an estimated $125M in Q2 2026.

$LPLA
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Research Alert: Team: Results And Guidance Surpass Expectations As Cloud Growth Accelerates

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:TEAM delivered a strong Q3 beat with non-GAAP EPS of $1.75 exceeding consensus by $0.41, while total revenue of $1.787B grew 32% Y/Y, surpassing expectations by $90M. Cloud revenues of $1.132B accelerated to 29% growth from 26% in Q2, while Data Center sales of $560.7M surged 44% Y/Y, reaccelerating from Q2's 20% growth. RPO growth accelerated again, up 37% Y/Y reaching $3.996B, demonstrating strengthening demand and larger customer commitments driven by its AI-powered System of Work strategy. Despite restructuring charges of $223.8M, non-GAAP operating margin expanded 800 bps Y/Y to 34%, while free cash flow of $561.3M represented a 31% margin, up from Q2's 11%. Management raised FY 26 revenue growth guidance to 24% from 22%, with operating margin guidance improving to 29% from 25.5%. We view the balanced growth across Cloud migration and Data Center expansion as positive, demonstrating TEAM's ability to optimize customer transitions while maintaining strong operational leverage.

$TEAM