DA Davidson analyst Michael Shlisky reiterated a Buy rating and $32.00 price target on EVI Industries Inc. (NYSE: EVI).

The analyst commented, "We are maintaining our BUY rating and $32 price target on EVI following F4Q:26/ C2Q:26 earnings. Revenues and EBITDA beat expectations, with delayed projects from the prior quarter catching up alongside healthy organic demand. EVI seemed more open to talking about leveraging its cost structure, with many "platformbuilding" projects now out of the way. The stock has been on a downward trajectory for much of the last year, despite the outlook being better than ever (thanks in part to the Sudsies deal). We would take advantage and buy this early-stage small-cap growth idea."

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Shares of EVI Industries Inc. closed at $15.22 yesterday.