Envestnet, Inc. (ENV)

Nov 22, 2024 - Envestnet was acquired by Bain Capital Partners
63.14
+0.05 (0.08%)
Inactive · Last trade price on Nov 22, 2024
67.93%
Market Cap 3.49B
Revenue (ttm) 1.34B
Net Income (ttm) -261.52M
Shares Out 55.35M
EPS (ttm) -4.76
PE Ratio n/a
Forward PE 21.55
Dividend n/a
Ex-Dividend Date n/a
Volume 5,144,807
Open 63.14
Previous Close 63.09
Day's Range 63.13 - 63.16
52-Week Range 36.43 - 73.04
Beta 1.25
Analysts Hold
Price Target 61.88 (-2.0%)
Earnings Date Nov 7, 2024

About ENV

Envestnet, Inc., through its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through two segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, an end-to-end open architecture wealth management platform, as well as offers data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Wealth Analytics that transforms data into actionable intelligence; Envestnet | Ta... [Read more]

Sector Technology
IPO Date Jul 29, 2010
Employees 3,100
Stock Exchange NYSE
Ticker Symbol ENV
Full Company Profile

Financial Performance

In 2023, Envestnet's revenue was $1.25 billion, an increase of 0.47% compared to the previous year's $1.24 billion. Losses were -$238.72 million, 194.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ENV stock is "Hold." The 12-month stock price forecast is $61.88, which is a decrease of -2.00% from the latest price.

Price Target
$61.88
(-2.00% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600

NEW YORK , Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) i...

Other symbols: AZTACONFLEXMYESEM
4 weeks ago - PRNewsWire

DPL teams up with Envestnet for data integration

LOUISVILLE, Ky.--(BUSINESS WIRE)--DPL Financial Partners today announced its live data integration with advisor technology provider Envestnet.

5 weeks ago - Business Wire

Envestnet Reports Third Quarter 2024 Financial Results

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today reported financial results for the three and nine mon...

6 weeks ago - Business Wire

Envestnet Launches Customizable Options Strategy, Helping Investors Harvest the Volatility Risk Premium and Mitigate the Risk of Concentrated Stock Positions

New Options Strategy Quantitative Portfolio (QP) is the Latest Solution to Emerge from Envestnet Affiliate QRG's Systematic Approach to Investment Management Advisors can Offer a Personalized Solution...

7 weeks ago - PRNewsWire

Envestnet to Release Third Quarter 2024 Results on November 7, 2024

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence and wealth solutions, today announced that the Company will release its third quarte...

2 months ago - Business Wire

ENVESTNET ACCELERATES PRODUCT ENHANCEMENTS AND BUILDS OUT DISTRIBUTION CAPABILITIES TO DRIVE ADVISOR GROWTH IN HIGH-NET-WORTH MARKET SEGMENT

BERWYN, Pa. , Oct. 10, 2024 /PRNewswire/ -- Attracting and retaining high-net-worth (HNW) investors as lifelong clients is a critical focus for many financial advisors, yet the path to successfully en...

2 months ago - PRNewsWire

Franklin Templeton Expands Partnership with Envestnet to Deliver Canvas Custom Indexing Platform

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Expands Partnership with Envestnet to Deliver Canvas Custom Indexing Platform.

2 months ago - Business Wire

Envestnet, Inc. Faces FinancialApps's $100 Million Trade Secret Misappropriation Claims in Delaware Jury Trial

Kasowitz Benson Torres Is Acting As Lead Counsel For FinancialApps NEW YORK , Sept. 27, 2024 /PRNewswire/ -- Financial technology pioneer FinancialApps's $100 million lawsuit for trade secret misappro...

3 months ago - PRNewsWire

Envestnet Stockholders Approve Acquisition by Bain Capital

BERWYN, Pa. , Sept. 24, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) ("Envestnet," or the "Company"), a leading provider of integrated technology, data intelligence, and wealth solutions, today an...

3 months ago - PRNewsWire

Envestnet Wins Five 2024 'Wealthies' Awards, Including Advisor Choice Award & Best Unified (All-in-One) System

BERWYN, Pa. , Sept. 23, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, has been recognized as an industry leader at t...

3 months ago - PRNewsWire

Johnson Fistel, LLP Investigates Envestnet Deal Terms and for Potential Violations of Fiduciary Duties on Behalf of Shareholders

SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Envestnet, I...

3 months ago - GlobeNewsWire

ENVESTNET UNVEILS NEW TECHNOLOGY FOR RIAS AT FUTURE PROOF 2024

New Envestnet RIA Capabilities include Enhanced Fixed-Income Trading tool, Unified Managed Accounts Integration, and New Client Portal Envestnet Co-CIO and Solutions Group President Dana D'Auria Takes...

3 months ago - PRNewsWire

ENVESTNET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Envestnet, Inc. - ENV

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Envestnet, Inc. ...

4 months ago - Business Wire

Envestnet Tops 2024 'Wealthies' Finalists List With Seven Nominations

Recognition Spans 'All-In-One' Platforms, Innovation, Direct Indexing, Retirement, and Annuities Showcasing Envestnet's Comprehensive Solutions and Integrations BERWYN, Pa. , Aug. 27, 2024 /PRNewswire...

4 months ago - PRNewsWire

Is Envestnet's $63.15 Per Share Sale Price Fair? Johnson Fistel, LLP Investigates Deal Terms

SAN DIEGO, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Envestnet, In...

4 months ago - GlobeNewsWire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates K and ENV on Behalf of Shareholders

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...

Other symbols: K
4 months ago - GlobeNewsWire

Envestnet, Inc. (ENV) Q2 2024 Earnings Call Transcript

Envestnet, Inc. (NYSE:ENV) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants Josh Warren - CFO Jim Fox - Board Chair & Interim CEO Conference Call Participants Operator...

4 months ago - Seeking Alpha

Envestnet Reports Second Quarter 2024 Financial Results

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today reported financial results for the three and six mont...

4 months ago - Business Wire

Envestnet to Announce Second Quarter 2024 Results on August 9, 2024

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence and wealth solutions, today announced that the Company will release its second quart...

4 months ago - Business Wire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ENV, AFBI on Behalf of Shareholders

NEW YORK , July 19, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches...

Other symbols: AFBI
5 months ago - PRNewsWire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DRQ, ENV on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / July 17, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...

5 months ago - Accesswire

Envestnet to Go Private in $4.5 Billion Deal With Bain Capital

Wealth technology platform Envestnet plans to go private in a deal with Bain Capital. The company entered into a definitive agreement to be acquired by Bain Capital in a transaction that values Envest...

5 months ago - PYMNTS

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Envestnet, Inc.

NEW YORK , July 11, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Envestnet, Inc. (NYSE: ENV) and its board of directors concerning the proposed acquisit...

5 months ago - PRNewsWire

Bain Capital to acquire Envestnet in $4.5 billion deal backed by BlackRock and Fidelity

Private equity firm Bain Capital is set to acquire Envestnet in a $4.5 billion deal, supported by major investors like BlackRock and Fidelity Investments.  This transaction is poised to significantly ...

5 months ago - Invezz

Envestnet's stock rises after agreeing to $4.5 billion takeover by Bain Capital

Envestnet Inc. said Thursday it agreed to be taken private by Bain Capital in a deal that values the BlackRock-backed wealth-management-software maker at $4.5 billion.

5 months ago - Market Watch