Evercore Inc Dossier
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SectorFinancials IndustryCapital Markets Beta (adjusted)1.33 Intrinsic Value $439.81median of 6 methods · middle span $295-$756based on filings through 30 Jun 2026 Market Price $259.00Price as of 1 Oct 2026 Significantly undervaluedIntrinsic value is 70% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+70%) Data confidence Sign in to view data confidence Market Cap $10B Enterprise Value $9.2B Shares Outstanding 42M diluted Moat Rating Wide Next Earnings Date28 Oct 2026 Last ex-dividend28 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Evercore entered the second half of 2026 with record first-half adjusted net revenue of $2.401 billion, a 22.7% adjusted operating margin, and broad strength across advisory, underwriting, equities and wealth management. The offset is substantial transaction-cycle sensitivity, rising quarterly non-compensation costs and uncertainty about how much of the exceptional first-half performance is sustainable. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$303.00 Mean target$363.90 High · most bullish analyst$391.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $303.0020% Transaction completions slow materially while elevated compensation, travel, technology and professional-service costs constrain operating leverage. A quarterly adjusted operating margin below 18% would indicate that the record first-half performance is not translating into durable profitability. Base CaseCentral scenario $363.9055% Matches the consensus meanActivity normalizes after the record first half, but broader advisory and capital-markets capabilities preserve positive underlying momentum. Adjusted operating margin settles near the high-teens to approximately 20% range. Bull CaseUpside scenario $391.0025% Sustained large-transaction activity, continued underwriting recovery and successful deployment of an expanded senior-banker roster keep revenue and margins above normalized levels. In this scenario, adjusted operating margin remains above 22% and earnings support a higher valuation. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |