Evolv Technologies (EVLV) Stock Price, News & Analysis

Company Overview

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. Its AI-based analytics provide real-time threat alerts for security personnel and generate aggregated data on visitor flow, dwell times and screening performance. Evolv also offers Evolv Insight, a cloud-based service that delivers operational dashboards, historical reporting and system health monitoring to help organizations optimize their security procedures.

Founded in 2013 and headquartered in Waltham, Massachusetts, Evolv Technologies completed its business combination and began trading on the Nasdaq under the ticker EVLV in January 2022. Under the leadership of CEO Peter George, the company has grown its global deployments and expanded its product roadmap to address evolving security challenges in both public and private sectors.

Evolv serves a diverse range of customers that include sports and entertainment venues, corporate campuses, airports, universities and transportation hubs across North America, Europe, the Middle East and Asia. By offering a non-intrusive approach to threat detection, the company aims to enhance public safety while improving the overall visitor experience.

Key Stats

• Today's Range: $6.05 to $6.27
• 50-Day Range: $5.07 to $7.23
• 52-Week Range: $4.86 to $8.91
• Volume: 2.31 million shs
• Average Volume: 3.02 million shs
• Market Capitalization: $1.12 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.67
• Consensus Rating: Moderate Buy

Evolv Technologies Stock Analysis - MarketRank™

Evolv Technologies scored higher than 70% of companies evaluated by MarketBeat, and ranked 230th out of 624 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Evolv Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 1 strong buy rating, 3 buy ratings, no hold ratings, and 1 sell rating.

Upside Potential

Evolv Technologies has a consensus price target of $9.67, representing about 54.9% upside from its current price of $6.24.

Amount of Analyst Coverage

Evolv Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Evolv Technologies are expected to grow in the coming year, from ($0.18) to ($0.16) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Evolv Technologies is -27.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Evolv Technologies is -27.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Evolv Technologies has a P/B Ratio of 9.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.38% of the float of Evolv Technologies has been sold short.

Short Interest Ratio / Days to Cover

Evolv Technologies has a short interest ratio ("days to cover") of 3.07, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Evolv Technologies has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Evolv Technologies does not currently pay a dividend.

Dividend Growth

Evolv Technologies does not have a long track record of dividend growth.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: 0.46

News Sentiment

Evolv Technologies has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Evolv Technologies this week, compared to 3 articles on an average week.

Search Interest

Only 14 people have searched for EVLV on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.

MarketBeat Follows

Only 10 people have added Evolv Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

Company Ownership

• Score: 1.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Evolv Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $468,032.00 in company stock.

Percentage Held by Insiders

11.30% of the stock of Evolv Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

66.65% of the stock of Evolv Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 5/12/2026
• Today: 5/22/2026
• TD Cowen's 54th Annual Technology, Media & Telecom Conference: 5/27/2026
• Investor Day 2026: 6/09/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: IT Services
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:EVLV
• CIK: 1805385
• Web: www.evolvtechnology.com
• Phone: 781 374 8100
• Fax: N/A
• Employees: 170
• Year Founded: 2013

Price Target and Rating

• Average Price Target for Evolv Technologies: $9.67
• High Price Target: $10.00
• Low Price Target: $9.00
• Potential Upside/Downside: +54.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$33.14 million
• Net Margins: -22.75%
• Pretax Margin: -22.78%
• Return on Equity: -33.53%
• Return on Assets: -12.22%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 1.21
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $160.23 million
• Price / Sales: 7.01
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.67 per share
• Price / Book: 9.31

Miscellaneous

• Outstanding Shares: 179,871,000
• Free Float: 159,546,000
• Market Cap: $1.12 billion
• Optionable: Optionable
• Beta: 1.82