EVI Industries

EVI · NYSE American

$19.40+$0.11 (+0.57%)TodayMarket closed · Oct 20, 8:00 PM ET

Prev close $19.29

EVI analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 2 analysts

Average $32.64 (+68.2% upside)

Low: $32.32
Now: $19.40
High: $33.60

Upgrades and downgrades

The latest rating actions, newest first

EVI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
DA Davidson	Sep 18, 2026	Maintains	Buy	$32.00	54%
DA Davidson	Sep 10, 2026	Maintains	Buy	$32.00	54%
DA Davidson	Jul 22, 2026	Maintains	Buy	$32.00	54%
DA Davidson	May 14, 2026	Maintains	Buy	$35.00 → $32.00	54%
DA Davidson	Feb 11, 2026	Maintains	Buy	$35.00	54%
DA Davidson	Nov 12, 2025	Maintains	Buy	$40.00 → $35.00	54%

The case for and against

Updated Oct 17, 2026

Bull case

EVI Industries is favorably positioned because its national-platform build-out is gaining momentum through robust M&A activity and expanding organic growth drivers, with due diligence underway in 10-12 locations and multiple incremental deals possible over the next 12 months. The pending Sudsies acquisition appears especially compelling, as it brings a high-end concierge garment-care model with ~$21.7M in trailing-twelve-month revenue, $5.7M of EBITDA, and >26% EBITDA margins, far above EVI’s typical mid-single-digit results. Management’s new sales, CRM, ERP, and e-commerce tools should help flatten core operating expenses and push the company toward double-digit EBITDA margins while scaling a differentiated, higher-margin platform.

Bear case

EVI Industries is viewed negatively because its growth model depends heavily on M&A, making execution on integrating GNA, Sudsies, and other acquired businesses critical; if those deals are not absorbed cleanly or new targets are too costly, sales, earnings, and returns could disappoint. The company also faces cyclical exposure to end markets such as hotels, hospitals, schools, and athletic facilities, alongside technology and product-liability risks that could pressure revenue, increase unexpected expenses, and weaken competitiveness. Adding to the concern, EVI provides no formal financial guidance, has limited investor communication, is a small-cap stock with lower liquidity, and has over 50% insider control, all of which reduce transparency and constrain shareholder influence.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.