Q3 Earnings Estimate for EVLV Issued By Northland Securities

Key Points

• Northland Securities lowered Evolv Technologies’ Q3 2026 EPS estimate to a loss of $0.06 from $0.05 previously, while projecting a $0.20 per-share loss for full-year 2026.
• Analyst sentiment is mixed: TD Cowen and Craig Hallum maintained “Buy” ratings, while other firms issued “Hold” or “Sell” ratings. MarketBeat reports a consensus rating of “Hold” and a target price of $10.42.
• Evolv recently reported a quarterly loss of $0.05 per share, missing estimates by $0.02, though revenue of $43.75 million exceeded expectations. Shares opened at $5.34, and institutional investors own 66.65% of the company.

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Free Report) - Analysts at Northland Securities reduced their Q3 2026 earnings estimates for shares of Evolv Technologies in a research report issued to clients and investors on Wednesday, August 12th. Northland Securities analyst M. Latimore now expects that the company will post earnings per share of ($0.06) for the quarter, down from their prior estimate of ($0.05). The consensus estimate for Evolv Technologies' current full-year earnings is ($0.20) per share. Northland Securities also issued estimates for Evolv Technologies' Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.20) EPS, Q1 2027 earnings at ($0.06) EPS, Q2 2027 earnings at ($0.05) EPS, Q3 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.20) EPS.

Several other research analysts also recently weighed in on the stock. TD Cowen reaffirmed a "buy" rating and issued a $10.00 target price on shares of Evolv Technologies in a report on Tuesday, June 9th. Craig Hallum reissued a "buy" rating and set a $11.25 price target on shares of Evolv Technologies in a report on Wednesday, August 12th. Zacks Research downgraded Evolv Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 26th. Weiss Ratings raised Evolv Technologies from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Thursday, July 2nd. Finally, Wall Street Zen cut Evolv Technologies from a "hold" rating to a "sell" rating in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Evolv Technologies has a consensus rating of "Hold" and a consensus target price of $10.42.

Evolv Technologies Price Performance

Shares of EVLV stock opened at $5.34 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.18 and a quick ratio of 1.11. Evolv Technologies has a one year low of $4.86 and a one year high of $8.81. The company's fifty day moving average price is $5.74 and its 200-day moving average price is $5.88. The company has a market capitalization of $967.23 million, a price-to-earnings ratio of -178.00 and a beta of 1.80.

Evolv Technologies (NASDAQ:EVLV - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.02). The firm had revenue of $43.75 million during the quarter, compared to the consensus estimate of $41.80 million. Evolv Technologies had a negative return on equity of 4.53% and a negative net margin of 3.05%.

Hedge Funds Weigh In On Evolv Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of EVLV. Wedmont Private Capital purchased a new position in Evolv Technologies during the second quarter valued at $1,640,000. Sapient Capital LLC lifted its stake in Evolv Technologies by 8.0% in the 2nd quarter. Sapient Capital LLC now owns 411,988 shares of the company's stock worth $2,390,000 after purchasing an additional 30,565 shares in the last quarter. Round Rock Advisors LLC lifted its stake in Evolv Technologies by 39.8% in the 2nd quarter. Round Rock Advisors LLC now owns 99,236 shares of the company's stock worth $576,000 after purchasing an additional 28,245 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Evolv Technologies during the 2nd quarter valued at about $2,571,000. Finally, FNY Investment Advisers LLC boosted its holdings in shares of Evolv Technologies by 33.3% during the 2nd quarter. FNY Investment Advisers LLC now owns 10,000 shares of the company's stock valued at $58,000 after purchasing an additional 2,500 shares during the last quarter. Institutional investors 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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