Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• "Moderate Buy" consensus from six analysts (1 sell, 1 hold, 3 buy, 1 strong buy) with an average 12‑month price target of $9.13.
• Evolv beat quarterly expectations (EPS $0.06 vs. -$0.08 est.; revenue $38.5M vs. $36.44M) but remains unprofitable (net margin -22.71%, ROE -30.45%) and sell‑side forecasts -0.27 EPS for the year.
• Insider selling has increased—director sold 91,771 shares and insiders sold 253,261 shares over 90 days—while EVLV trades around $5.96 (market cap ~$1.07B) with a 52‑week range of $3.10–$8.91.

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report) has earned an average rating of "Moderate Buy" from the six research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $9.1250.

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Evolv Technologies in a report on Thursday, January 22nd.

Evolv Technologies Stock Down 2.3%

EVLV stock opened at $5.96 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.24. Evolv Technologies has a fifty-two week low of $3.10 and a fifty-two week high of $8.91. The firm's 50-day simple moving average is $5.56 and its 200 day simple moving average is $6.52. The stock has a market cap of $1.07 billion, a PE ratio of -28.38 and a beta of 1.78.

Evolv Technologies (NASDAQ:EVLV - Get Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.14. Evolv Technologies had a negative net margin of 22.71% and a negative return on equity of 30.45%. The business had revenue of $38.50 million for the quarter, compared to analysts' expectations of $36.44 million. As a group, sell-side analysts predict that Evolv Technologies will post -0.27 EPS for the current year.

Insider Buying and Selling

In other Evolv Technologies news, Director Michael Ellenbogen sold 91,771 shares of the firm's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $5.10, for a total transaction of $468,032.10. Following the transaction, the director owned 2,083,961 shares of the company's stock, valued at approximately $10,628,201.10. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 253,261 shares of company stock worth $1,410,326. 11.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Evolv Technologies

Several large investors have recently bought and sold shares of the stock. Arizona State Retirement System increased its stake in Evolv Technologies by 5.7% during the 3rd quarter. Arizona State Retirement System now owns 31,581 shares of the company's stock valued at $238,000 after buying an additional 1,694 shares during the period. CW Advisors LLC increased its stake in Evolv Technologies by 19.0% during the 2nd quarter. CW Advisors LLC now owns 12,614 shares of the company's stock valued at $79,000 after buying an additional 2,014 shares during the period. Victory Capital Management Inc. increased its stake in Evolv Technologies by 16.5% during the 3rd quarter. Victory Capital Management Inc. now owns 15,601 shares of the company's stock valued at $118,000 after buying an additional 2,206 shares during the period. Jones Financial Companies Lllp increased its stake in Evolv Technologies by 29.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company's stock valued at $77,000 after buying an additional 2,266 shares during the period. Finally, Advisory Services Network LLC increased its stake in Evolv Technologies by 13.2% during the 4th quarter. Advisory Services Network LLC now owns 22,694 shares of the company's stock valued at $162,000 after buying an additional 2,651 shares during the period. Institutional investors and hedge funds own 66.65% of the company's stock.

Evolv Technologies Company Profile

Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues.

The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets.

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