Everbridge, Inc. (EVBG) is a leader in the field of Critical Event Management ((CEM)). The company provides Software-as-a-Service (SaaS) applications that automate and accelerate the operational response to critical events to keep people safe and businesses running. In general, SaaS-based companies like Everbridge have been outperforming the stock market by a significant margin for some time. While Everbridge appears to be executing well as a SaaS, I have some reservations that lead me to assign a neutral rating as I shall explain in this article.
Company Background
Everbridge was founded after 9/11 with