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Here's Why You Should Hold on to Envestnet (ENV) Stock For Now

1 16 1
24.09.2021

Envestnet, Inc. ENV has an impressive Growth Score of A. This style score condenses all the essential metrics from a company’s financial statements to get a true sense of the quality and sustainability of its growth. Envestnet’s revenues are expected to register 17.2% growth in 2021 and 12.7% in 2022.

Envestnet’s business model ensures solid asset-based and subscription-based recurring revenue generation capacity. Asset-based recurring revenues of $170 million increased 39% and subscription-based recurring revenues of $113 million were up 7% in the second quarter of 2021.

Envestnet, Inc revenue-ttm | Envestnet, Inc Quote

The company’s technology-enabled services are expected to register handsome growth as trends such as increasing demand for personalized wealth management services and guided........

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