EVR

Evercore ISI sees the S&P 500 at 6,800 if a disputed midterm and Iran escalation follow a Democratic sweep.

Investment banking firm Evercore (NYSE:EVR) reported revenue ahead of Wall Street’s expectations in Q3 2026, with sales up 12.5% year on year to $1.18 billion. Its non-GAAP profit of $4.28 per share was 72.9% above analysts’ consensus estimates.

Evercore’s third quarter saw a substantial positive market response as the company delivered broad-based revenue gains across its business lines. Management attributed the strong results to a combination of record M&A advisory activity—especially in large cap strategic transactions—and continued expansion in non-M&A areas such as restructuring and debt advisory. CEO John Weinberg highlighted the f

The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.

Evercore came into this Q3 2026 print with a reputation as a high-end deal advisory powerhouse and a stock that had already logged an 11.8% gain over the past month. Then the numbers hit. The shares closed up another 1.8% to US$297.51, yet the real story sits in the income statement. Record Q3 adjusted net revenues of about US$1.2b and adjusted earnings per share of roughly US$4.28 point to one th

Morgan Stanley analyst Ryan Kenny maintains Evercore (NYSE:EVR) with a Equal-Weight and raises the price target from $315 to $326.