EVBG Stock Recent News

Everbridge has fallen over 80% from its 52-week high and now trades at a mere 3.5x subscription revenue which is at the very low end for SAAS businesses. Following the CEO departure, an activist shareholder has entered the fray and is pushing for a sale of the company.

The heavy selling pressure might have exhausted for Everbridge (EVBG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Software name Everbridge Inc (NASDAQ:EVBG) is soaring today, up 12.4% to trade at $40.22 at last glance, after Bloomberg reported the company is currently exploring strategic options, including a potential sale.

A report that the enterprise software company is exploring options including a sale is driving shares of Everbridge higher Friday.

After losing some value lately, a hammer chart pattern has been formed for Everbridge (EVBG), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

The average of price targets set by Wall Street analysts indicates a potential upside of 37.1% in Everbridge (EVBG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Everbridge, Inc. (NASDAQ:EVBG ) Q2 2022 Earnings Conference Call August 9, 2022 4:30 PM ET Company Participants Nandan Amladi - VP, IR David Wagner - President and Chief Executive Officer Vernon Irvin - EVP and CRO Patrick Brickley - EVP and CFO Conference Call Participants Michael Turrin - Wells Fargo Securities Ryan MacWilliams - Barclays Scott Berg - Needham Brian Peterson - Raymond James Brian Colley - Stephens Matthew Kikkert - Stifel Matthew Stotler - William Blair Stuart Goldberg - Kettle Hill Operator Good day and welcome to the Everbridge, Inc. Second Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Everbridge (EVBG) delivered earnings and revenue surprises of 125% and 0.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that it will release its financial results for the second quarter of 2022, ended June 30, 2022, after the market close on Tuesday, August 9, 2022. On that day, management will hold a conference call and webcast at 4:30 p.m. ET (1:30 p.m. PT) to review and discuss the Company's results for the second quarter. A recorded v

Investors need to pay close attention to Everbridge (EVBG) stock based on the movements in the options market lately.