ETF Analysis: The Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) has an implied analyst target price of $106.09, indicating an 11.32% upside from its current trading price of $95.30.
Notable Holdings: Key underlying holdings with significant upside potential include Ondas Holdings Inc (26.16% upside), OneSpaWorld Holdings Ltd (19.61% upside), and Evolv Technologies Holdings Inc (17.72% upside) based on their respective analyst target prices.
Market Sentiment: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to potential downgrades if they are based on outdated information.
Investor Research: It emphasizes the need for further investor research to assess the validity of analyst targets in light of recent company and industry developments.
Wall Street analysts forecast EVLV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVLV is 9.83 USD with a low forecast of 9.50 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast EVLV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVLV is 9.83 USD with a low forecast of 9.50 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 6.440
Low
9.50
Averages
9.83
High
10.00
Current: 6.440
Low
9.50
Averages
9.83
High
10.00
Lake Street
Eric Martinuzzi
Buy
maintain
$9 -> $10
2025-11-14
Reason
Lake Street
Eric Martinuzzi
Price Target
$9 -> $10
AI Analysis
2025-11-14
maintain
Buy
Reason
Lake Street analyst Eric Martinuzzi raised the firm's price target on Evolv to $10 from $9 and keeps a Buy rating on the shares. Q3 beat "by a mile," says the analyst, who sees 2026 as "a breakout year" in which ARR growth will exceed revenue growth.
TD Cowen
NULL
to
Buy
initiated
$10
2025-08-15
Reason
TD Cowen
Price Target
$10
2025-08-15
initiated
NULL
to
Buy
Reason
TD Cowen reinstated coverage of Evolv with a Buy rating and $10 price target. Under new management, the company's statements have been completed and its regulatory overhangs have "gradually diminished." the analyst tells investors in a research note. The firm says Evolv reported "healthy" Q2 results and raised its fiscal 2025 revenue outlook as it sees momentum across major verticals.
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Lake Street
Hold
to
Buy
upgrade
$9
2025-08-15
Reason
Lake Street
Price Target
$9
2025-08-15
upgrade
Hold
to
Buy
Reason
Lake Street upgraded Evolv to Buy from Hold with a price target of $9, up from $5.50, after the company reported a beat on both revenue and AEBITDA for Q2. The firm, which raised its 2025 revenue and AEBITDA forecasts, feels \"there is a strengthening of tailwinds on the business.\"
Northland
Outperform
maintain
$8
2025-08-15
Reason
Northland
Price Target
$8
2025-08-15
maintain
Outperform
Reason
Northland raised the firm's price target on Evolv to $9.50 from $8 and keeps an Outperform rating on the shares, citing a "solid" Q2 beat, what it sees as likely strong Q3 bookings, and increased guidance. Following the report, the firm is increasing its FY25 revenue estimate to $133M from $126M, the analyst noted.
About EVLV
Evolv Technologies Holdings, Inc. is a security technology company. The Company is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its solutions combine proprietary software and hardware, delivered as a long-term Security-as-a-Service (SaaS) subscription model and are designed to enhance security and improve the visitor experience. The Company offers two core solutions: Evolv Express and Evolv eXpedite, designed to efficiently screen high volumes of people and bags for concealed threats. Its flagship product, Evolv Express, uses advanced sensors, AI-powered software, and cloud services to not only consistently detect firearms, improvised explosives, and certain types of knives and distinguish them from many harmless items, such as cell phones and keys. In addition to screening capabilities, its solution includes Evolv Insights, a software analytics dashboard.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
