Update shared on09 Sep 2025
Fair value Increased 4.72%Analysts have raised Evercore’s price target to $364.20, citing expectations for a robust M&A recovery, recent earnings outperformance, and a strong deal pipeline.
Analyst Commentary
- Bullish analysts anticipate a robust recovery in M&A volumes, projecting a full reversion to historical averages by 2027.
- Price target increases are supported by strong recent advisory revenue outperformance and improved quarter-over-quarter compensation ratios.
- Analysts are rolling valuation models forward, reflecting an improved outlook and extended cycle for sector recovery.
- Sustained high deal pipelines, despite some policy and geopolitical risks, underpin positive sentiment toward future deal flow.
- Evercore is consistently viewed as a top beneficiary and preferred vehicle for investors seeking exposure to a rebound in mergers and acquisitions activity.
What's in the News
- Evercore completed a buyback of 6,376,285 shares for $934.65 million under the program announced in February 2022 and did not repurchase any shares from April 1 to April 29, 2025.
- From April 29 to June 30, 2025, Evercore repurchased 170,000 shares for $40.23 million as part of a new buyback program announced in April 2025.
- Evercore entered into a note purchase agreement for a $250 million private placement, issuing 5.17% Series K senior notes due 2030 and 5.47% Series L senior notes due 2032.
- The firm expanded its Chicago office to a larger space to support growing operations and client demand in the Midwest.
Valuation Changes
Summary of Valuation Changes for Evercore
- The Consensus Analyst Price Target has risen slightly from $347.80 to $364.20.
- The Future P/E for Evercore has risen slightly from 18.93x to 19.35x.
- The Discount Rate for Evercore remained effectively unchanged, moving only marginally from 8.16% to 8.19%.
Disclaimer
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