Evercore Inc. (EVR) is down 9.6% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is Evercore’s second-quarter earnings event on Wednesday, July 29, 2026. This could be because investors were comparing the quarter against an exceptionally strong first quarter and were positioned for a sharp slowdown, so any revenue, earnings, or outlook disappointment could have triggered a sell-off.
Details:
Evercore said it would release second-quarter 2026 financial results on July 29, 2026 at 6:45 a.m. Eastern Time and host its conference call at 8:00 a.m., putting the stock directly in an earnings-day reaction window.In the prior quarter, Evercore posted record first-quarter 2026 results, including about $1.4 billion of adjusted net revenues and adjusted diluted EPS of $7.53, which created a very high comparison point.Ahead of the report, market data services showed Wall Street was expecting a much lower second quarter, with consensus EPS roughly in the $2.58 to $2.79 range and revenue around $893 million to $914 million, implying normalization from the prior quarter’s unusually strong activity.Because Evercore is an advisory-driven investment bank, even modest changes in deal timing, compensation, or management commentary can move the shares sharply when expectations are elevated.Sources:
Evercore Investor Relations, Benzinga, FXEmpire
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$EVR Insider Trading Activity
$EVR insiders have traded $EVR stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $EVR stock by insiders over the last 6 months:
- TIMOTHY GILBERT LALONDE (Chief Financial Officer) sold 7,808 shares for an estimated $2,678,594
- JASON KLURFELD (General Counsel) sold 5,000 shares for an estimated $1,800,000
- PAUL PENSA (Contr, Prin. Acct.Officer) sold 1,450 shares for an estimated $507,949
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$EVR Hedge Fund Activity
We have seen 337 institutional investors add shares of $EVR stock to their portfolio, and 245 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 1,308,115 shares (-67.7%) from their portfolio in Q1 2026, for an estimated $390,485,408
- MILLENNIUM MANAGEMENT LLC removed 467,488 shares (-87.1%) from their portfolio in Q1 2026, for an estimated $139,549,842
- AQR CAPITAL MANAGEMENT LLC added 458,887 shares (+53.5%) to their portfolio in Q1 2026, for an estimated $136,982,358
- FMR LLC added 413,420 shares (+32.9%) to their portfolio in Q1 2026, for an estimated $123,410,004
- POINT72 ASSET MANAGEMENT, L.P. added 390,584 shares (+inf%) to their portfolio in Q1 2026, for an estimated $116,593,229
- BALYASNY ASSET MANAGEMENT L.P. added 322,934 shares (+700.4%) to their portfolio in Q1 2026, for an estimated $96,399,028
- PRICE T ROWE ASSOCIATES INC /MD/ removed 290,667 shares (-47.1%) from their portfolio in Q1 2026, for an estimated $86,767,006
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$EVR Price Targets
Multiple analysts have issued price targets for $EVR recently. We have seen 4 analysts offer price targets for $EVR in the last 6 months, with a median target of $379.0.
Here are some recent targets:
- Michael Brown from UBS set a target price of $350.0 on 07/08/2026
- James Yaro from Goldman Sachs set a target price of $374.0 on 04/14/2026
- Ryan Kenny from Morgan Stanley set a target price of $384.0 on 04/09/2026
- Aidan Hall from Keefe, Bruyette & Woods set a target price of $420.0 on 02/05/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Why Evercore (EVR) Stock Is Down Today
Evercore Inc. (EVR) is down 9.6% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is Evercore’s second-quarter earnings event on Wednesday, July 29, 2026. This could be because investors were comparing the quarter against an exceptionally strong first quarter and were positioned for a sharp slowdown, so any revenue, earnings, or outlook disappointment could have triggered a sell-off.
Details:
Sources:
Evercore Investor Relations, Benzinga, FXEmpire
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$EVR Insider Trading Activity
$EVR insiders have traded $EVR stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $EVR stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$EVR Hedge Fund Activity
We have seen 337 institutional investors add shares of $EVR stock to their portfolio, and 245 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$EVR Price Targets
Multiple analysts have issued price targets for $EVR recently. We have seen 4 analysts offer price targets for $EVR in the last 6 months, with a median target of $379.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »