Should I buy or sell Evolv Technologies stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evolv Technologies in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EVLV shares. View EVLV analyst ratings or view top-rated stocks .

What is Evolv Technologies' stock price target for 2024?

4 brokerages have issued 1 year price objectives for Evolv Technologies' stock. Their EVLV share price targets range from $5.00 to $10.00. On average, they expect the company's stock price to reach $7.25 in the next year. This suggests a possible upside of 69.4% from the stock's current price. View analysts price targets for EVLV or view top-rated stocks among Wall Street analysts .

How have EVLV shares performed in 2023?

Evolv Technologies' stock was trading at $0.18 on January 1st, 2023. Since then, EVLV stock has increased by 2,277.8% and is now trading at $4.28. View the best growth stocks for 2023 here .

When is Evolv Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our EVLV earnings forecast .

How were Evolv Technologies' earnings last quarter?

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) released its quarterly earnings results on Thursday, November, 9th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.04. The firm earned $20.19 million during the quarter, compared to analysts' expectations of $19.33 million. Evolv Technologies had a negative trailing twelve-month return on equity of 46.80% and a negative net margin of 147.76%.

What ETF holds Evolv Technologies' stock ?

Invesco Dorsey Wright Industrials Momentum ETF holds 271,156 shares of EVLV stock, representing 1.18% of its portfolio.

What guidance has Evolv Technologies issued on next quarter's earnings?

Evolv Technologies updated its FY 2024 earnings guidance on Thursday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.00 million-$115.00 million, compared to the consensus revenue estimate of $106.48 million.

What other stocks do shareholders of Evolv Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evolv Technologies investors own include AT&T (T) , Approach Resources (AREX) , Ur-Energy (URG) , Actinium Pharmaceuticals (ATNM) , Energy Transfer (ET) , Novavax (NVAX) , (HSNI) (HSNI) , OPKO Health (OPK) , CBL & Associates Properties (CBL) and Cornerstone Strategic Value Fund (CLM) .

Who are Evolv Technologies' major shareholders?

Evolv Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Senvest Management LLC (1.20%), Key Colony Management LLC (0.72%), Northern Trust Corp (0.61%), Charles Schwab Investment Management Inc. (0.45%), Nomura Holdings Inc. (0.29%) and Integrated Wealth Concepts LLC (0.27%). Insiders that own company stock include Anil Chitkara, Anthony John Derosa, Kevin M Charlton , Mark Donohue, Michael Ellenbogen and Peter Gustav George. View institutional ownership trends .

How do I buy shares of Evolv Technologies?

Shares of EVLV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Evolv Technologies Stock Price, News & Analysis (NASDAQ:EVLV)

$4.28

+0.28 (+7.00%)

(As of 12/1/2023 ET)

Compare

Today's Range: $3.90
▼
$4.29
50-Day Range: $3.45
▼
$4.86
52-Week Range: $1.98
▼
$8.30

Volume: 949,909 shs
Average Volume: 1.05 million shs
Market Capitalization: $646.84 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.25

Evolv Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 69.4% Upside
$7.25 Price Target
Short Interest: Bearish
8.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.01
Based on 6 Articles This Week
Insider Trading: Selling Shares
$635,634 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.74) to ($0.47) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Computer And Technology Sector

353rd out of 597 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

9th out of 12 stocks

3.4

Analyst's Opinion

Consensus Rating
Evolv Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.25, Evolv Technologies has a forecasted upside of 69.4% from its current price of $4.28.
Amount of Analyst Coverage
Evolv Technologies has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.42% 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 6.5.
Change versus previous month
Short interest in Evolv Technologies has recently increased by 3.82%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Evolv Technologies does not currently pay a dividend.
Dividend Growth
Evolv Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EVLV.

3.3

News and Social Media Coverage

News Sentiment
Evolv Technologies has a news sentiment score of 1.01. 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 is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Evolv Technologies this week, compared to 1 article on an average week.
Search Interest
Only 5 people have searched for EVLV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
9 people have added Evolv Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days.

2.5

Company Ownership

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 $635,634.00 in company stock.
Percentage Held by Insiders
12.10% 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
52.15% of the stock of Evolv Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Evolv Technologies are expected to grow in the coming year, from ($0.74) to ($0.47) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Evolv Technologies is -5.28, 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 -5.28, 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 4.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Evolv Technologies Stock (NASDAQ:EVLV)

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening. 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. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.

EVLV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EVLV Stock News Headlines

November 18, 2023 | marketbeat.com

MarketBeat Week in Review – 11/13 - 11/17 (EVLV)

Stocks are looking to make it three straight weeks of positive gains as positive inflation and housing news offset a weak retail outlook

November 15, 2023 | insidertrades.com

5 must-have next-gen technologies that institutions are buying (EVLV)

December 3, 2023 | DTI Trader (Ad)

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November 15, 2023 | marketbeat.com

Is it time to buy EVOLV Technologies after post-earnings dip?

Evolv Technologies stock is down over 6% after a strong earnings report, but you don't have to look too far to see bullish signs in the company's report

December 1, 2023 | seekingalpha.com

Evolv Technologies Might Just Save Our Lives

November 30, 2023 | finance.yahoo.com

Denver’s Ball Arena Opens 2023-2024 Season with Evolv Technology

November 29, 2023 | americanbankingnews.com

Evolv Technologies Target of Unusually High Options Trading (NASDAQ:EVLV)

November 27, 2023 | benzinga.com

Evolv Technologies Stock (NASDAQ:EVLV) Dividends: History, Yield and Dates

December 3, 2023 | DTI Trader (Ad)

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November 23, 2023 | seekingalpha.com

EVLV Evolv Technologies Holdings, Inc.

November 22, 2023 | msn.com

Lake Street Initiates Coverage of Evolv Technologies Holdings Inc - (EVLV) with Buy Recommendation

November 22, 2023 | finance.yahoo.com

Evolv Technology Announces Appointment of Chief Marketing Officer

November 15, 2023 | finance.yahoo.com

We're Hopeful That Evolv Technologies Holdings (NASDAQ:EVLV) Will Use Its Cash Wisely

November 13, 2023 | finance.yahoo.com

Evolv Technology Surpasses One Billion Visitors Screened

November 11, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Evolv Technologies Holdings (EVLV)

November 11, 2023 | markets.businessinsider.com

Evolv Technologies Holdings: Robust Performance and Promising Outlook Spur Buy Rating Recommendation

November 9, 2023 | finance.yahoo.com

Evolv Technology Reports Record Third Quarter Financial Results

November 7, 2023 | finance.yahoo.com

Boston College Using Evolv for Weapons Detection Screening at Athletics Events

November 6, 2023 | finance.yahoo.com

Evolv Technology Announces Appointments to Board of Directors

October 28, 2023 | msn.com

AI streamlining security at public venues

October 26, 2023 | finance.yahoo.com

Houston Texans Tackle Fan Safety with Evolv Technology

October 16, 2023 | finance.yahoo.com

Evolv Technology to Present at UBS Global Technology Conference

October 13, 2023 | msn.com

FTC Probes Evolv Security Over AI Weapons Screening Claims

October 13, 2023 | barrons.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

October 13, 2023 | reuters.com

Crowd-safety firm Evolv under US FTC scanner over marketing practices

October 12, 2023 | msn.com

Why Evolv Technologies Stock Tumbled by 13% Today

October 12, 2023 | businesswire.com

The Law Offices of Frank R. Cruz Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:EVLV
CUSIP: N/A
CIK: 1805385
Web: www.evolvtechnology.com
Phone: 781 374 8100
Fax: N/A
Employees: 223
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.25
High Stock Price Target: $10.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +69.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.81)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-86,410,000.00
Net Margins: -147.76%
Pretax Margin: -148.04%
Return on Equity: -46.80%
Return on Assets: -26.98%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.50
Quick Ratio: 2.40

Sales & Book Value

Annual Sales: $55.19 million
Price / Sales: 11.72
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.03 per share
Price / Book: 4.16

Miscellaneous

Outstanding Shares: 151,130,000
Free Float: 132,848,000
Market Cap: $646.84 million
Optionable: Not Optionable
Beta: 1.31

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Key Executives

Mr. Peter Gustav George (Age 64)
President, CEO & Director
Comp: $811.73k
Mr. Anil R. Chitkara (Age 54)
Co-Founder & Chief Growth Officer
Comp: $1.72M
Mr. Mark Donohue (Age 49)
Chief Financial Officer
Comp: $469.19k
Mr. Michael Philip Ellenbogen (Age 58)
Co-Founder, Chief Innovation Officer & Director
Nancy Milhous
SVP, Chief Accounting Officer & Sales Ops
Mr. Alec Rose
Chief Scientist
Mr. Brian Norris
Senior Vice President of Finance & Investor Relations
Mr. Eric J. Pyenson Esq. (Age 66)
General Counsel & Secretary
Ms. Rachel Roy
Deputy General Counsel and Chief Ethics & Compliance Officer
Alexandra Smith Ozerkis
Vice President of Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EVLV Stock Analysis - Frequently Asked Questions

Should I buy or sell Evolv Technologies stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evolv Technologies in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EVLV shares.
View EVLV analyst ratings or view top-rated stocks.
What is Evolv Technologies' stock price target for 2024?: 4 brokerages have issued 1 year price objectives for Evolv Technologies' stock. Their EVLV share price targets range from $5.00 to $10.00. On average, they expect the company's stock price to reach $7.25 in the next year. This suggests a possible upside of 69.4% from the stock's current price.
View analysts price targets for EVLV or view top-rated stocks among Wall Street analysts.
How have EVLV shares performed in 2023?: Evolv Technologies' stock was trading at $0.18 on January 1st, 2023. Since then, EVLV stock has increased by 2,277.8% and is now trading at $4.28.
View the best growth stocks for 2023 here.
When is Evolv Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our EVLV earnings forecast.
How were Evolv Technologies' earnings last quarter?: Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) released its quarterly earnings results on Thursday, November, 9th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.04. The firm earned $20.19 million during the quarter, compared to analysts' expectations of $19.33 million. Evolv Technologies had a negative trailing twelve-month return on equity of 46.80% and a negative net margin of 147.76%.
What ETF holds Evolv Technologies' stock ?: Invesco Dorsey Wright Industrials Momentum ETF holds 271,156 shares of EVLV stock, representing 1.18% of its portfolio.

What guidance has Evolv Technologies issued on next quarter's earnings?: Evolv Technologies updated its FY 2024 earnings guidance on Thursday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.00 million-$115.00 million, compared to the consensus revenue estimate of $106.48 million.
What other stocks do shareholders of Evolv Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Evolv Technologies investors own include AT&T (T), Approach Resources (AREX), Ur-Energy (URG), Actinium Pharmaceuticals (ATNM), Energy Transfer (ET), Novavax (NVAX), (HSNI) (HSNI), OPKO Health (OPK), CBL & Associates Properties (CBL) and Cornerstone Strategic Value Fund (CLM).
Who are Evolv Technologies' major shareholders?: Evolv Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Senvest Management LLC (1.20%), Key Colony Management LLC (0.72%), Northern Trust Corp (0.61%), Charles Schwab Investment Management Inc. (0.45%), Nomura Holdings Inc. (0.29%) and Integrated Wealth Concepts LLC (0.27%). Insiders that own company stock include Anil Chitkara, Anthony John Derosa, Kevin M Charlton, Mark Donohue, Michael Ellenbogen and Peter Gustav George.
View institutional ownership trends.
How do I buy shares of Evolv Technologies?: Shares of EVLV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:EVLV) was last updated on 12/3/2023 by MarketBeat.com Staff

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