Evolv Technologies (EVLV) to Release Earnings on Thursday

Evolv Technologies (NASDAQ:EVLV - Get Free Report) is expected to announce its Q4 2024 earnings results before the market opens on Thursday, May 8th. Analysts expect Evolv Technologies to post earnings of ($0.08) per share and revenue of $26.40 million for the quarter.

Evolv Technologies Trading Down 0.4 %

EVLV stock traded down $0.02 during mid-day trading on Tuesday, reaching $4.10. The company's stock had a trading volume of 604,345 shares, compared to its average volume of 1,767,901. The stock has a market cap of $669.41 million, a PE ratio of -29.39 and a beta of 1.61. The company's 50 day moving average is $3.32 and its two-hundred day moving average is $3.46. Evolv Technologies has a fifty-two week low of $2.01 and a fifty-two week high of $4.65.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital raised their target price on Evolv Technologies from $2.75 to $4.00 and gave the stock a "hold" rating in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Evolv Technologies currently has a consensus rating of "Hold" and a consensus target price of $5.31.

About Evolv Technologies

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.