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Evolv Technologies (EVLV) Competitors

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$6.13 +0.18 (+3.03%)
Closing price 08/7/2026 04:00 PM Eastern
Extended Trading
$6.18 +0.04 (+0.73%)
As of 08/7/2026 07:47 PM Eastern
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EVLV vs. BMI, LASR, MIR, OSIS, and IPGP

Should you buy Evolv Technologies stock or one of its competitors? MarketBeat compares Evolv Technologies with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Evolv Technologies include Badger Meter (BMI), nLight (LASR), Mirion Technologies (MIR), OSI Systems (OSIS), and IPG Photonics (IPGP). These companies are all part of the "electronic equipment & instruments" industry.

How does Evolv Technologies compare to Badger Meter?

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

Badger Meter has a beta of 0.65, indicating that its stock price is 35% less volatile than the broader market. Comparatively, Evolv Technologies has a beta of 1.8, indicating that its stock price is 80% more volatile than the broader market.

Badger Meter presently has a consensus target price of $164.00, indicating a potential upside of 18.15%. Evolv Technologies has a consensus target price of $9.67, indicating a potential upside of 57.69%. Given Evolv Technologies' stronger consensus rating and higher probable upside, analysts plainly believe Evolv Technologies is more favorable than Badger Meter.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Badger Meter
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Badger Meter$916.66M4.39$141.63M$4.2832.43
Evolv Technologies$145.90M7.56-$33.14M-$0.23N/A

In the previous week, Badger Meter had 12 more articles in the media than Evolv Technologies. MarketBeat recorded 15 mentions for Badger Meter and 3 mentions for Evolv Technologies. Evolv Technologies' average media sentiment score of 1.06 beat Badger Meter's score of 0.70 indicating that Evolv Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Badger Meter
7 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Evolv Technologies
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Badger Meter has a net margin of 14.27% compared to Evolv Technologies' net margin of -22.75%. Badger Meter's return on equity of 18.03% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Badger Meter14.27% 18.03% 12.82%
Evolv Technologies -22.75%-33.53%-12.22%

89.0% of Badger Meter shares are owned by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are owned by institutional investors. 1.0% of Badger Meter shares are owned by company insiders. Comparatively, 5.2% of Evolv Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Badger Meter beats Evolv Technologies on 10 of the 16 factors compared between the two stocks.

How does Evolv Technologies compare to nLight?

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

83.9% of nLight shares are owned by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are owned by institutional investors. 3.1% of nLight shares are owned by insiders. Comparatively, 5.2% of Evolv Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

nLight has a net margin of -4.02% compared to Evolv Technologies' net margin of -22.75%. nLight's return on equity of -3.19% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
nLight-4.02% -3.19% -2.47%
Evolv Technologies -22.75%-33.53%-12.22%

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
nLight$310.70M10.19-$23.47M-$0.25N/A
Evolv Technologies$145.90M7.56-$33.14M-$0.23N/A

nLight currently has a consensus target price of $87.94, indicating a potential upside of 56.61%. Evolv Technologies has a consensus target price of $9.67, indicating a potential upside of 57.69%. Given Evolv Technologies' higher probable upside, analysts clearly believe Evolv Technologies is more favorable than nLight.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
nLight
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

nLight has a beta of 2.31, meaning that its stock price is 131% more volatile than the broader market. Comparatively, Evolv Technologies has a beta of 1.8, meaning that its stock price is 80% more volatile than the broader market.

In the previous week, nLight had 16 more articles in the media than Evolv Technologies. MarketBeat recorded 19 mentions for nLight and 3 mentions for Evolv Technologies. Evolv Technologies' average media sentiment score of 1.06 beat nLight's score of 0.21 indicating that Evolv Technologies is being referred to more favorably in the news media.

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

Summary

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

How does Evolv Technologies compare to Mirion Technologies?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolv Technologies$145.90M7.56-$33.14M-$0.23N/A
Mirion Technologies$925.40M4.24$28.80M$0.10156.81

Evolv Technologies presently has a consensus price target of $9.67, suggesting a potential upside of 57.69%. Mirion Technologies has a consensus price target of $26.25, suggesting a potential upside of 67.40%. Given Mirion Technologies' stronger consensus rating and higher probable upside, analysts clearly believe Mirion Technologies is more favorable than Evolv Technologies.

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
Mirion Technologies
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90

Mirion Technologies has a net margin of 2.39% compared to Evolv Technologies' net margin of -22.75%. Mirion Technologies' return on equity of 6.59% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Evolv Technologies-22.75% -33.53% -12.22%
Mirion Technologies 2.39%6.59%3.53%

66.7% of Evolv Technologies shares are held by institutional investors. Comparatively, 78.5% of Mirion Technologies shares are held by institutional investors. 5.2% of Evolv Technologies shares are held by company insiders. Comparatively, 6.3% of Mirion Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Evolv Technologies has a beta of 1.8, meaning that its share price is 80% more volatile than the broader market. Comparatively, Mirion Technologies has a beta of 1.05, meaning that its share price is 5% more volatile than the broader market.

In the previous week, Evolv Technologies and Evolv Technologies both had 3 articles in the media. Mirion Technologies' average media sentiment score of 1.08 beat Evolv Technologies' score of 1.06 indicating that Mirion Technologies is being referred to more favorably in the news media.

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

Summary

Mirion Technologies beats Evolv Technologies on 14 of the 16 factors compared between the two stocks.

How does Evolv Technologies compare to OSI Systems?

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

89.2% of OSI Systems shares are owned by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are owned by institutional investors. 4.3% of OSI Systems shares are owned by insiders. Comparatively, 5.2% of Evolv Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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
OSI Systems$1.71B2.27$149.64M$8.7626.97
Evolv Technologies$145.90M7.56-$33.14M-$0.23N/A

OSI Systems has a net margin of 8.42% compared to Evolv Technologies' net margin of -22.75%. OSI Systems' return on equity of 18.84% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
OSI Systems8.42% 18.84% 7.13%
Evolv Technologies -22.75%-33.53%-12.22%

OSI Systems has a beta of 1.21, indicating that its stock price is 21% more volatile than the broader market. Comparatively, Evolv Technologies has a beta of 1.8, indicating that its stock price is 80% more volatile than the broader market.

In the previous week, OSI Systems and OSI Systems both had 3 articles in the media. OSI Systems' average media sentiment score of 1.15 beat Evolv Technologies' score of 1.06 indicating that OSI Systems is being referred to more favorably in the media.

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

OSI Systems currently has a consensus target price of $291.86, suggesting a potential upside of 23.55%. Evolv Technologies has a consensus target price of $9.67, suggesting a potential upside of 57.69%. Given Evolv Technologies' higher possible upside, analysts clearly believe Evolv Technologies is more favorable than OSI Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OSI Systems
0 Sell rating(s)
2 Hold rating(s)
5 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

Summary

OSI Systems beats Evolv Technologies on 11 of the 15 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 stock? We will compare the two businesses based on the strength of their valuation, earnings, media sentiment, profitability, analyst recommendations, risk, institutional ownership and dividends.

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$1.00B3.82$31.10M$0.65138.82
Evolv Technologies$145.90M7.56-$33.14M-$0.23N/A

In the previous week, IPG Photonics had 20 more articles in the media than Evolv Technologies. MarketBeat recorded 23 mentions for IPG Photonics and 3 mentions for Evolv Technologies. Evolv Technologies' average media sentiment score of 1.06 beat IPG Photonics' score of 0.71 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
11 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Evolv Technologies
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

IPG Photonics currently has a consensus target price of $145.20, suggesting a potential upside of 60.92%. Evolv Technologies has a consensus target price of $9.67, suggesting a potential upside of 57.69%. Given IPG Photonics' stronger consensus rating and higher probable upside, research analysts clearly believe IPG Photonics is more favorable than Evolv Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Evolv Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

IPG Photonics has a beta of 0.96, suggesting that its stock price is 4% less volatile than the broader market. Comparatively, Evolv Technologies has a beta of 1.8, suggesting that its stock price is 80% more volatile than the broader market.

IPG Photonics has a net margin of 2.58% compared to Evolv Technologies' net margin of -22.75%. IPG Photonics' return on equity of 3.39% beat Evolv Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.58% 3.39% 2.98%
Evolv Technologies -22.75%-33.53%-12.22%

Summary

IPG Photonics beats Evolv Technologies on 13 of the 16 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$1.10B$13.47B$30.08B$13.02B
Dividend YieldN/A2.25%2.73%10.20%
P/E Ratio-26.6537.4576.0025.19
Price / Sales7.5654.02603.6289.40
Price / CashN/A32.9951.5050.72
Price / Book9.015.329.286.22
Net Income-$33.14M$195.19M$661.55M$342.66M
7 Day Performance10.85%5.47%4.84%4.41%
1 Month Performance1.66%0.02%-0.13%-1.10%
1 Year Performance-15.91%841.79%203.19%23.99%

Evolv Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EVLV
Evolv Technologies
2.6002 of 5 stars
$6.13
+3.0%
$9.67
+57.7%
-15.9%$1.10B$145.90MN/A170
BMI
Badger Meter
4.8636 of 5 stars
$136.85
+1.9%
$164.00
+19.8%
-26.5%$3.89B$880.96M31.972,477
LASR
nLight
3.6832 of 5 stars
$70.11
+1.9%
$80.94
+15.5%
+114.7%$3.88B$261.33MN/A1,100
MIR
Mirion Technologies
4.0826 of 5 stars
$15.68
+4.7%
$26.25
+67.4%
-25.5%$3.75B$925.40M156.833,281
OSIS
OSI Systems
3.9734 of 5 stars
$225.57
+1.9%
$291.86
+29.4%
+4.6%$3.65B$1.81B25.757,337

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This page (NASDAQ:EVLV) was last updated on 8/9/2026 by MarketBeat.com Staff.
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