Envestnet Inc (ENV)

Currency in USD
63.14
0.00(0.00%)
Closed·
Showing Envestnet historical data. For real-time data please try another search
Day's Range
63.1363.50
52 wk Range
63.1363.50
Key Statistics
Prev. Close
63.14
Open
63.14
Day's Range
63.13-63.5
52 wk Range
63.13-63.5
Volume
-
Average Volume (3m)
880.27K
1-Year Change
0%
Book Value / Share
-
Fair Value
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Fair Value Upside
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Envestnet Inc News & Analysis

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Envestnet Inc SWOT Analysis


Resilient Performance
Envestnet's Q1 2024 results showcase financial resilience, with EPS surpassing estimates and effective expense management driving profitability
Strategic Partnerships
Delve into Envestnet's collaboration with FNZ, set to scale in 2024-2025, potentially opening new revenue streams and enhancing service offerings
Market Dominance
Explore Envestnet's impressive $32.7 billion net flows in Q1 2024, the strongest since 2015, indicating robust competitive position and client attraction
Analyst Perspectives
Analysts offer mixed views, with price targets ranging from $64 to $79, reflecting cautious optimism amidst potential challenges and growth opportunities
Read full SWOT analysis

Envestnet Inc Earnings Call Summary for Q2/2024

  • Envestnet reports 11% YoY revenue growth to $348M in Q2 2024, exceeding forecasts; Adjusted EBITDA at $78M with 22% margin
  • Adjusted EPS of $0.55, up 20% YoY but below guidance; Company announces definitive agreement for acquisition by Bain Capital
  • Advisor count grew 3% to over 110,000; Wealth solutions revenue up to $312M+ with 18% increase in asset-based revenue
  • Data and analytics business revenue declined 1% YoY; Company expects Bain acquisition to close in Q4, pending approvals
  • No Q&A session held due to pending Bain Capital transaction; Company focuses on client relationships and organic growth
Last Updated: 2024-08-13, 06:18 a/m
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Earnings

Latest Release
Feb 20, 2025
EPS / Forecast
-0.03 / 0.75
Revenue / Forecast
345.95M / 351.16M
EPS Revisions
Last 90 days

ENV Income Statement

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