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Evolv Technologies (EVLV) Competitors

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$3.90 -0.26 (-6.25%)
Closing price 11/13/2026 04:00 PM Eastern
Extended Trading
$3.92 +0.02 (+0.62%)
As of 11/13/2026 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

EVLV vs. CXT, OSIS, IPGP, OUST, and LASR

Should you buy Evolv Technologies stock or one of its competitors? Evolv Technologies's main competitors and comparable companies include Crane NXT (CXT), OSI Systems (OSIS), IPG Photonics (IPGP), Ouster (OUST), and nLight (LASR). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electronic equipment & instruments" industry.

How does Evolv Technologies compare to Crane NXT?

Evolv Technologies (NASDAQ:EVLV) and Crane NXT (NYSE:CXT) are both technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability, earnings and media sentiment.

Evolv Technologies currently has a consensus target price of $9.75, indicating a potential upside of 150.00%. Crane NXT has a consensus target price of $66.83, indicating a potential upside of 17.45%. Given Evolv Technologies' higher probable upside, research analysts clearly believe Evolv Technologies is more favorable than Crane NXT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
Crane NXT
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88

In the previous week, Evolv Technologies had 11 more articles in the media than Crane NXT. MarketBeat recorded 22 mentions for Evolv Technologies and 11 mentions for Crane NXT. Crane NXT's average media sentiment score of 0.53 beat Evolv Technologies' score of 0.34 indicating that Crane NXT is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evolv Technologies
3 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral
Crane NXT
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Evolv Technologies has a beta of 1.83, suggesting that its stock price is 83% more volatile than the broader market. Comparatively, Crane NXT has a beta of 1.03, suggesting that its stock price is 3% more volatile than the broader market.

66.7% of Evolv Technologies shares are owned by institutional investors. Comparatively, 77.5% of Crane NXT shares are owned by institutional investors. 5.2% of Evolv Technologies shares are owned by company insiders. Comparatively, 0.8% of Crane NXT shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Crane NXT has a net margin of 6.91% compared to Evolv Technologies' net margin of -10.79%. Crane NXT's return on equity of 19.55% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Evolv Technologies-10.79% -16.27% -6.26%
Crane NXT 6.91%19.55%7.09%

Crane NXT has higher revenue and earnings than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than Crane NXT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolv Technologies$145.90M4.85-$33.14M-$0.11N/A
Crane NXT$1.66B1.98$145.10M$2.2125.75

Summary

Crane NXT beats Evolv Technologies on 12 of the 17 factors compared between the two stocks.

How does Evolv Technologies compare to OSI Systems?

Evolv Technologies (NASDAQ:EVLV) and OSI Systems (NASDAQ:OSIS) are both technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, institutional ownership, media sentiment, profitability and earnings.

In the previous week, Evolv Technologies had 18 more articles in the media than OSI Systems. MarketBeat recorded 22 mentions for Evolv Technologies and 4 mentions for OSI Systems. OSI Systems' average media sentiment score of 0.92 beat Evolv Technologies' score of 0.34 indicating that OSI Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evolv Technologies
3 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral
OSI Systems
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

OSI Systems has higher revenue and earnings than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than OSI Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolv Technologies$145.90M4.85-$33.14M-$0.11N/A
OSI Systems$1.79B1.70$154.71M$9.3320.68

OSI Systems has a net margin of 8.79% compared to Evolv Technologies' net margin of -10.79%. OSI Systems' return on equity of 21.57% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Evolv Technologies-10.79% -16.27% -6.26%
OSI Systems 8.79%21.57%7.19%

Evolv Technologies has a beta of 1.83, suggesting that its share price is 83% more volatile than the broader market. Comparatively, OSI Systems has a beta of 1.26, suggesting that its share price is 26% more volatile than the broader market.

66.7% of Evolv Technologies shares are held by institutional investors. Comparatively, 89.2% of OSI Systems shares are held by institutional investors. 5.2% of Evolv Technologies shares are held by insiders. Comparatively, 4.8% of OSI Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Evolv Technologies currently has a consensus price target of $9.75, indicating a potential upside of 150.00%. OSI Systems has a consensus price target of $276.71, indicating a potential upside of 43.43%. Given Evolv Technologies' higher probable upside, equities analysts plainly believe Evolv Technologies is more favorable than OSI Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
OSI Systems
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Summary

OSI Systems beats Evolv Technologies on 11 of the 16 factors compared between the two stocks.

How does Evolv Technologies compare to IPG Photonics?

IPG Photonics (NASDAQ:IPGP) and Evolv Technologies (NASDAQ:EVLV) are both technology companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation, media sentiment and earnings.

In the previous week, Evolv Technologies had 17 more articles in the media than IPG Photonics. MarketBeat recorded 22 mentions for Evolv Technologies and 5 mentions for IPG Photonics. Evolv Technologies' average media sentiment score of 0.34 beat IPG Photonics' score of 0.09 indicating that Evolv Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IPG Photonics
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Evolv Technologies
3 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral

IPG Photonics has a beta of 1, meaning that its share price has a similar volatility profile to the broader market.Comparatively, Evolv Technologies has a beta of 1.83, meaning that its share price is 83% more volatile than the broader market.

93.8% of IPG Photonics shares are held by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are held by institutional investors. 37.5% of IPG Photonics shares are held by insiders. Comparatively, 5.2% of Evolv Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

IPG Photonics has higher revenue and earnings than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IPG Photonics$1.00B2.87$31.10M$0.9472.11
Evolv Technologies$145.90M4.85-$33.14M-$0.11N/A

IPG Photonics has a net margin of 3.65% compared to Evolv Technologies' net margin of -10.79%. IPG Photonics' return on equity of 3.91% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics3.65% 3.91% 3.42%
Evolv Technologies -10.79%-16.27%-6.26%

IPG Photonics presently has a consensus price target of $131.33, suggesting a potential upside of 93.76%. Evolv Technologies has a consensus price target of $9.75, suggesting a potential upside of 150.00%. Given Evolv Technologies' higher probable upside, analysts plainly believe Evolv Technologies is more favorable than IPG Photonics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

IPG Photonics beats Evolv Technologies on 11 of the 16 factors compared between the two stocks.

How does Evolv Technologies compare to Ouster?

Ouster (NASDAQ:OUST) and Evolv Technologies (NASDAQ:EVLV) are both technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, valuation, profitability, analyst recommendations and media sentiment.

In the previous week, Ouster had 2 more articles in the media than Evolv Technologies. MarketBeat recorded 24 mentions for Ouster and 22 mentions for Evolv Technologies. Ouster's average media sentiment score of 0.36 beat Evolv Technologies' score of 0.34 indicating that Ouster is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ouster
7 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Evolv Technologies
3 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral

Ouster presently has a consensus target price of $58.00, indicating a potential upside of 73.24%. Evolv Technologies has a consensus target price of $9.75, indicating a potential upside of 150.00%. Given Evolv Technologies' higher possible upside, analysts clearly believe Evolv Technologies is more favorable than Ouster.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ouster
1 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.71
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Evolv Technologies has lower revenue, but higher earnings than Ouster. Ouster is trading at a lower price-to-earnings ratio than Evolv Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ouster$169.38M14.25-$60.38M-$0.69N/A
Evolv Technologies$145.90M4.85-$33.14M-$0.11N/A

Evolv Technologies has a net margin of -10.79% compared to Ouster's net margin of -20.36%. Ouster's return on equity of -11.70% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Ouster-20.36% -11.70% -9.25%
Evolv Technologies -10.79%-16.27%-6.26%

Ouster has a beta of 3.47, suggesting that its share price is 247% more volatile than the broader market. Comparatively, Evolv Technologies has a beta of 1.83, suggesting that its share price is 83% more volatile than the broader market.

31.5% of Ouster shares are owned by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are owned by institutional investors. 5.7% of Ouster shares are owned by insiders. Comparatively, 5.2% of Evolv Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Ouster beats Evolv Technologies on 9 of the 16 factors compared between the two stocks.

How does Evolv Technologies compare to nLight?

Evolv Technologies (NASDAQ:EVLV) and nLight (NASDAQ:LASR) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, media sentiment, dividends, institutional ownership, valuation and profitability.

Evolv Technologies has a beta of 1.83, meaning that its share price is 83% more volatile than the broader market. Comparatively, nLight has a beta of 2.46, meaning that its share price is 146% more volatile than the broader market.

Evolv Technologies presently has a consensus price target of $9.75, indicating a potential upside of 150.00%. nLight has a consensus price target of $82.06, indicating a potential upside of 98.92%. Given Evolv Technologies' higher probable upside, equities research analysts clearly believe Evolv Technologies is more favorable than nLight.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
nLight
1 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
3.00

nLight has a net margin of -4.02% compared to Evolv Technologies' net margin of -10.79%. nLight's return on equity of -1.03% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Evolv Technologies-10.79% -16.27% -6.26%
nLight -4.02%-1.03%-0.85%

66.7% of Evolv Technologies shares are held by institutional investors. Comparatively, 83.9% of nLight shares are held by institutional investors. 5.2% of Evolv Technologies shares are held by company insiders. Comparatively, 3.1% of nLight shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

nLight has higher revenue and earnings than Evolv Technologies. nLight is trading at a lower price-to-earnings ratio than Evolv Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolv Technologies$145.90M4.85-$33.14M-$0.11N/A
nLight$261.33M9.19-$23.47M-$0.23N/A

In the previous week, Evolv Technologies had 7 more articles in the media than nLight. MarketBeat recorded 22 mentions for Evolv Technologies and 15 mentions for nLight. nLight's average media sentiment score of 0.55 beat Evolv Technologies' score of 0.34 indicating that nLight is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evolv Technologies
3 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral
nLight
3 Very Positive mention(s)
5 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

nLight beats Evolv Technologies on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EVLV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EVLV vs. The Competition

MetricEvolv TechnologiesElectronic Equipment, Instruments & Components IndustryTechnology SectorNASDAQ Exchange
Market Cap$754.56M$7.90B$27.40B$12.19B
Dividend YieldN/A2.34%2.94%4.53%
P/E Ratio-35.4536.4942.2028.44
Price / Sales4.853.585.745.84
Price / CashN/A28.3927.5222.49
Price / Book6.613.625.333.76
Net Income-$33.14M$185.12M$787.50M$390.55M
7 Day Performance-14.47%3.41%1.42%-0.33%
1 Month Performance-3.70%-7.06%-5.63%-4.82%
1 Year Performance-35.00%12.33%2.90%-5.83%

Evolv Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EVLV
Evolv Technologies
3.4631 of 5 stars
$3.90
-6.3%
$9.75
+150.0%
-40.7%$754.56M$145.90MN/A286
CXT
Crane NXT
3.6312 of 5 stars
$60.59
+3.4%
$66.83
+10.3%
-5.5%$3.36B$1.66B25.044,800
OSIS
OSI Systems
4.2652 of 5 stars
$198.90
-0.3%
$276.71
+39.1%
-29.3%$3.16B$1.79B21.327,806
IPGP
IPG Photonics
4.1163 of 5 stars
$72.91
+0.4%
$142.60
+95.6%
-17.0%$3.09B$1.07B112.174,840
OUST
Ouster
3.1194 of 5 stars
$28.22
-5.1%
$54.67
+93.7%
+48.8%$2.42B$169.38MN/A320

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This page (NASDAQ:EVLV) was last updated on 11/14/2026 by MarketBeat.com Staff.
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