Should I buy or sell Evolv Technologies stock right now?

4 Wall Street 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 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 brokers have issued 1 year target prices 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 twelve months. This suggests a possible upside of 88.3% 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 2024?

Evolv Technologies' stock was trading at $4.72 at the beginning of 2024. Since then, EVLV shares have decreased by 18.4% and is now trading at $3.85. View the best growth stocks for 2024 here .

Are investors shorting Evolv Technologies?

Evolv Technologies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 7,870,000 shares, a decline of 8.7% from the March 15th total of 8,620,000 shares. Based on an average daily volume of 1,560,000 shares, the short-interest ratio is currently 5.0 days. Approximately 7.7% of the shares of the company are short sold. View Evolv Technologies' Short Interest .

When is Evolv Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our EVLV earnings forecast .

How can I listen to Evolv Technologies' earnings call?

Evolv Technologies will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-970-0847 with passcode "2732005".

How were Evolv Technologies' earnings last quarter?

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) issued its quarterly earnings data on Thursday, February, 29th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.14) by $0.03. The company had revenue of $21.82 million for the quarter, compared to the consensus estimate of $18.81 million. Evolv Technologies had a negative trailing twelve-month return on equity of 47.56% and a negative net margin of 132.13%.

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

Evolv Technologies issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.0 million-$115.0 million, compared to the consensus revenue estimate of $115.0 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 many different institutional and retail investors. Top institutional investors include Key Colony Management LLC (3.01%) and MCF Advisors LLC (0.00%). Insiders that own company stock include Anil Chitkara, Anthony John Derosa, David Mounts Gonzales, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:EVLV

Evolv Technologies (EVLV) Stock Price, News & Analysis

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Free EVLV Stock Alerts

$3.85

-0.09 (-2.28%)

(As of 04/17/2024 ET)

Compare

Today's Range: $3.85
▼
$3.99
50-Day Range: $3.42
▼
$5.65
52-Week Range: $2.96
▼
$8.30

Volume: 672,948 shs
Average Volume: 1.50 million shs
Market Capitalization: $585.89 million

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

Get Evolv Technologies alerts:

Evolv Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 88.3% Upside
$7.25 Price Target
Short Interest: Healthy
7.67% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.21
Based on 16 Articles This Week
Insider Trading: Selling Shares
$526,560 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.48) to ($0.34) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Computer And Technology Sector

307th out of 587 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

7th out of 14 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.
Amount of Analyst Coverage
Evolv Technologies has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
7.67% 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 5.
Change versus previous month
Short interest in Evolv Technologies has recently decreased by 8.70%, indicating that investor sentiment is improving significantly.

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.

2.3

News and Social Media Coverage

News Sentiment
Evolv Technologies has a news sentiment score of 0.21. 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 lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Evolv Technologies this week, compared to 4 articles on an average week.
Search Interest
Only 15 people have searched for EVLV on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
14 people have added Evolv Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Evolv Technologies insiders have sold 172.83% more of their company's stock than they have bought. Specifically, they have bought $193,000.00 in company stock and sold $526,560.00 in company stock.
Percentage Held by Insiders
10.70% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Evolv Technologies are expected to grow in the coming year, from ($0.48) to ($0.34) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Evolv Technologies is -5.27, 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 -5.27, 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 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Evolv Technologies Stock (NASDAQ:EVLV)

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. 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

April 3, 2024 | insidertrades.com

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Insider Anil Chitkara Sells 50,000 Shares

March 17, 2024 | insidertrades.com

Insider Buying: Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Director Buys 50,000 Shares of Stock

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ROSEN, THE FIRST FILING FIRM, Encourages Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - EVLV

April 16, 2024 | seekingalpha.com

Evolv: Worth Exploring At These Levels

April 16, 2024 | prnewswire.com

The Gross Law Firm Notifies Evolv Technologies Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - EVLV

April 15, 2024 | prnewswire.com

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Evolv Technologies Holdings, Inc. with Losses of $100,000 to Contact the Firm

April 15, 2024 | prnewswire.com

Investors in Evolv Technologies Holdings, Inc. Should Contact Levi & Korsinsky Before May 24, 2024 to Discuss Your Rights - EVLV

April 17, 2024 | Paradigm Press (Ad)

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April 13, 2024 | prnewswire.com

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Evolv

April 12, 2024 | markets.businessinsider.com

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

April 12, 2024 | prnewswire.com

EVLV Investors Have Opportunity to Lead Evolv Technologies Holdings, Inc. Securities Fraud Lawsuit

April 12, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. - EVLV;EVLVW

April 12, 2024 | prnewswire.com

The Gross Law Firm Notifies Shareholders of Evolv Technologies Holdings, Inc.(EVLV) of a Class Action Lawsuit and an Upcoming Deadline

April 11, 2024 | stockhouse.com

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Evolv Technologies Holdings, Inc. with Losses to Contact the Firm

April 10, 2024 | prnewswire.com

Levi & Korsinsky Reminds Evolv Technologies Holdings, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 24, 2024 - EVLV

April 9, 2024 | prnewswire.com

EVLV Investors Have Opportunity to Lead Evolv Technologies Holdings, Inc. Securities Fraud Lawsuit

April 9, 2024 | finance.yahoo.com

Evolv Technology to Present at Cowen Technology Conference

April 9, 2024 | businesswire.com

Robbins LLP Urges Evolv Technologies Holdings, Inc. (EVLV) Stockholders with Large Losses to Contact the Firm for Information about the Evolv Technologies Holdings, Inc. Class Action

April 9, 2024 | businesswire.com

Evolv Technology to Present at Cowen Technology Conference

April 9, 2024 | prnewswire.com

The Gross Law Firm Reminds Evolv Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 24, 2024 - EVLV

April 8, 2024 | prnewswire.com

ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - EVLV

April 8, 2024 | stockhouse.com

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Evolv Technologies Holdings, Inc. with Losses to Contact the Firm

April 8, 2024 | businesswire.com

Evolv Technology to Release First Quarter Financial Results on May 9, 2024

April 8, 2024 | prnewswire.com

Class Action Filed Against Evolv Technologies Holdings, Inc. (EVLV) - May 24, 2024 Deadline to Join - Contact Levi & Korsinsky

April 5, 2024 | prnewswire.com

EVLV Investors Have Opportunity to Lead Evolv Technologies Holdings, Inc. Securities Fraud Lawsuit

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:EVLV
CUSIP: N/A
CIK: 1805385
Web: www.evolvtechnology.com
Phone: 781 374 8100
Fax: N/A
Employees: 293
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: +88.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-106,250,000.00
Net Margins: -132.13%
Pretax Margin: -132.06%
Return on Equity: -47.56%
Return on Assets: -25.38%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.14
Quick Ratio: 2.03

Sales & Book Value

Annual Sales: $80.42 million
Price / Sales: 7.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.97 per share
Price / Book: 3.97

Miscellaneous

Outstanding Shares: 152,180,000
Free Float: 135,899,000
Market Cap: $585.89 million
Optionable: Optionable
Beta: 1.35

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Key Executives

Mr. Peter Gustav George (Age 65)
President, CEO & Director
Comp: $811.73k
Mr. Anil R. Chitkara (Age 56)
Co-Founder & Chief Growth Officer
Comp: $1.72M
Mr. Mark Donohue (Age 50)
Chief Financial Officer
Comp: $469.19k
Mr. Michael Philip Ellenbogen (Age 59)
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 67)
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 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 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 brokers have issued 1 year target prices 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 twelve months. This suggests a possible upside of 88.3% 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 2024?: Evolv Technologies' stock was trading at $4.72 at the beginning of 2024. Since then, EVLV shares have decreased by 18.4% and is now trading at $3.85.
View the best growth stocks for 2024 here.
Are investors shorting Evolv Technologies?: Evolv Technologies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 7,870,000 shares, a decline of 8.7% from the March 15th total of 8,620,000 shares. Based on an average daily volume of 1,560,000 shares, the short-interest ratio is currently 5.0 days. Approximately 7.7% of the shares of the company are short sold.
View Evolv Technologies' Short Interest.
When is Evolv Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our EVLV earnings forecast.
How can I listen to Evolv Technologies' earnings call?: Evolv Technologies will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-970-0847 with passcode "2732005".

How were Evolv Technologies' earnings last quarter?: Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) issued its quarterly earnings data on Thursday, February, 29th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.14) by $0.03. The company had revenue of $21.82 million for the quarter, compared to the consensus estimate of $18.81 million. Evolv Technologies had a negative trailing twelve-month return on equity of 47.56% and a negative net margin of 132.13%.
What guidance has Evolv Technologies issued on next quarter's earnings?: Evolv Technologies issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.0 million-$115.0 million, compared to the consensus revenue estimate of $115.0 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 many different institutional and retail investors. Top institutional investors include Key Colony Management LLC (3.01%) and MCF Advisors LLC (0.00%). Insiders that own company stock include Anil Chitkara, Anthony John Derosa, David Mounts Gonzales, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EVLV) was last updated on 4/17/2024 by MarketBeat.com Staff

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Evolv Technologies (EVLV) Stock Price, News & Analysis

Evolv Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Evolv Technologies Stock (NASDAQ:EVLV)

EVLV Stock Price History

EVLV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

EVLV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™