$EVR

4 stories mentioning EVR

Every FINWIRES story that references EVR, newest first.

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

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.

$EVR

Wire46d ago

UBS Adjusts Evercore Price Target to $330 From $313, Maintains Neutral Rating

Evercore (EVR) has an average rating of overweight and mean price target of $379.22 according to analysts polled by FactSet.Price: $319.26, Change: $-4.88, Percent Change: -1.51%

$EVR

Research47d ago

Research Alert: Evr Delivers Record Q1, Showcasing Advisory Dominance And Operating Leverage

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:EVR delivered record Q1 2026 results with adjusted net revenues of $1.40B (+100% Y/Y), exceeding the $1.17B consensus, led by advisory fees of $1.24B (+123%). Adjusted EPS reached $7.53 versus $3.49 in the prior-year period ($2.10 ahead of consensus) demonstrating exceptional operating leverage. We view this as a win for EVR, as the firm effectively capitalized on improving M&A conditions and outperformed peers through its execution of transactions, including Warner Brothers Discovery's $110B sale and Devon Energy's $58B merger. The firm demonstrated operating efficiency, with adjusted operating margins expanding 870 bps to 25.3%. EVR continued talent expansion, ending with 182 investment banking SMDs versus 157 in the prior-year period, with three additional SMDs committed to joining later in 2026. The firm returned $673.3M to shareholders through dividends and share repurchases, while maintaining a balance sheet with $986M in cash, positioning it well for continued growth in the accelerating megadeal cycle.

$EVR

US Markets67d ago

Wealth Brokers, Investment Banks Faced Uneven First-Quarter Activity, UBS Says

Wealth brokers and investment banks faced uneven market activity in the first quarter due to geopolitical uncertainty, UBS Securities said in client note sent Wednesday.For the first quarter, UBS is projecting earnings per share to be down 7% quarter on quarter and up 22% annually for wealth brokers. For investment banks, the broker is looking at a 29% slump in EPS on a quarterly basis and an 11% jump year over year."For wealth brokers, growth was tempered by lower March market levels, though retail trading picked up on volatility," UBS analysts, including Michael Brown, wrote. "Organic growth was solid versus expectations, with the setup improving into (2026)."Meanwhile, momentum faded for investment banks during the quarter as pipelines shrank from the year end, "with some deals likely paused pending macro clarity, creating an activity air pocket," Brown said.Late Tuesday, the US and Iran agreed to a two-week ceasefire. The war, which began at the end of February, spread across the Middle East and curtailed shipments through the crucial Strait of Hormuz.UBS named Charles Schwab (SCHW) and Stifel Financial (SF) as its top picks heading into the first-quarter earnings season, saying Evercore (EVR) is "favorably positioned." Moelis (MC), Lazard (LAZ), and Raymond James Financial (RJF) are expected to "lag on a relative basis," according to the brokerage.UBS upgraded LPL Financial (LPLA) to buy, citing an attractive valuation.UBS lowered its price targets for wealth brokers and investment banks by 8% and 2% on average, respectively.The brokerage expects artificial intelligence to be a key topic at the upcoming earnings season for wealth brokers."In the wealth space, we expect AI to improve advisor productivity, though see risks to sweep cash economics and to market share of advised assets," Brown said. "Ultimately, we see these threats as slower moving than the bears think and see forward-looking firms as well positioned to adapt and thrive."

$EVR$LAZ$LPLA$MC$RJF$SCHW$SF