Envestnet, Inc. (ENV)

NYSE: ENV · Real-Time Price · USD
62.66
0.00 (0.00%)
Sep 20, 2024, 10:13 AM EDT - Market open
0.00%
Market Cap 3.46B
Revenue (ttm) 1.31B
Net Income (ttm) -252.77M
Shares Out 55.24M
EPS (ttm) -4.61
PE Ratio n/a
Forward PE 22.48
Dividend n/a
Ex-Dividend Date n/a
Volume 120,886
Open 62.69
Previous Close 62.66
Day's Range 62.60 - 62.69
52-Week Range 33.12 - 73.04
Beta 1.26
Analysts Hold
Price Target 61.88 (-1.24%)
Earnings Date Nov 6, 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 -1.24% from the latest price.

Price Target
$61.88
(-1.24% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 days 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...

4 days 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. ...

21 days 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...

23 days 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 weeks 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
5 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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
2 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...

2 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...

2 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...

2 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 ...

2 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.

2 months ago - Market Watch

ENVESTNET, LEADING WEALTH TECHNOLOGY PLATFORM, ANNOUNCES $4.5 BILLION TAKE-PRIVATE TRANSACTION WITH BAIN CAPITAL

BERWYN, Pa. , July 11, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) ("the Company" or "Envestnet"), a leading provider of integrated technology, intelligent data and wealth solutions, today announ...

2 months ago - PRNewsWire

ENVESTNET 2024 ADVISOR SURVEY HIGHLIGHTS WHAT'S TOP OF MIND FOR ADVISORS AS THEY FUTURE-PROOF THEIR BUSINESS

Opportunities Include Offering Holistic Advice, A Fee-Based Future, All-In-One WealthTech, And Tackling The Organic Growth Imperative BERWYN, Pa. , July 10, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV),...

2 months ago - PRNewsWire

Report: Bain Close to Reaching Deal to Acquire Envestnet

Bain Capital is reportedly close to acquiring financial software provider Envestnet. If a deal is reached, it could be announced this week, Reuters reported Monday (July 8), citing unnamed sources.

2 months ago - PYMNTS

Fidelity® and Envestnet Expand Relationship to Deliver Next-Generation Unified Wealth & Advisory Platform

BOSTON & BERWYN, Pa.--(BUSINESS WIRE)--Fidelity Investments and Envestnet (NYSE: ENV) today announced the expansion of their 20+ year relationship to deliver a comprehensive wealth and advisory soluti...

3 months ago - Business Wire

ENVESTNET DEEPENING RELATIONSHIPS WITH BLACKROCK, FIDELITY, FRANKLIN TEMPLETON, AND STATE STREET TO LAUNCH PERSONALIZED INVESTMENT STRATEGIES

Asset Managers to Offer Unified Managed Account-eligible Direct Indexing, Custom HNW Solutions and More on Envestnet Platform; Invest in Enhancements to Envestnet's UMA Ecosystem BERWYN, Pa. , June 5,...

3 months ago - PRNewsWire

Here's why the Envestnet stock price is soaring

Envestnet (NYSE: ENV) stock price continued its strong comeback this week amid rising optimism that it will become an acquisition target. The stock surged to a high of $73 on Thursday, its highest lev...

4 months ago - Invezz

Causeway Capital Management Named 2024 Asset Manager of the Year by Envestnet

Now In Its 20th Year, Envestnet's Asset Manager of the Year Awards Program Recognizes Top Performing Portfolio Managers with Standout Strategies BERWYN, Pa. , May 15, 2024 /PRNewswire/ -- Envestnet, I...

4 months ago - PRNewsWire

Wealth Industry's Premier Advisor Tech Conference - Envestnet Elevate 2024 - Kicks off in Phoenix

Preeminent industry event hosts nearly 2,000 Advisors, RIAs, Enterprises and Fintechs who Seek Better Client Outcomes, Growth and Productivity through Envestnet's Wealth Management Platform BERWYN, Pa...

4 months ago - PRNewsWire

ENVESTNET AND SALESFORCE PARTNER TO ENHANCE EXPERIENCES FOR FINANCIAL PLANNERS

Partnership to Provide Seamless Financial Planning Experiences for Financial Services Customers in the United States BERWYN, Pa., May 13, 2024 /PRNewswire/ -- Envestnet, a leading provider of integrat...

4 months ago - PRNewsWire

Envestnet to Participate in Upcoming Investor Conferences

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), a leading provider of integrated technology, intelligent data and wealth solutions, today announced that the Company will be participating in...

4 months ago - Business Wire