EVLV

Evolv Technologies Holdings Inc

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Advanced Chart

7.290

+0.31(4.441%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

7.320

Open

7.050

VWAP

7.22

Vol

3.74M

Mkt Cap

1.20B

Low

7.0086

Amount

27.00M

EV/EBITDA(TTM)

Total Shares

156.09M

1.16B

EV/OCF(TTM)

P/S(TTM)

10.41

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

33.51M

+15.14%

32.29M

+18.02%

30.95M

+21.16%

Estimates Revision

The market is revising Upward the revenue expectations for Evolv Technologies Holdings, Inc. (EVLV) for FY2025, with the revenue forecasts being adjusted by 3.62% over the past three months. During the same period, the stock price has changed by 65.68%.

Revenue Estimates for FY2025

Revise Upward

+3.62%

In Past 3 Month

Stock Price

Go Up

+65.68%

In Past 3 Month

4 Analyst Rating

-1.37% Downside

Wall Street analysts forecast EVLV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVLV is 7.19 USD with a low forecast of 5.50 USD and a high forecast of 8.25 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.

2 Buy

2 Hold

0 Sell

Moderate Buy

-1.37% Downside

Current: 7.290

Low

5.50

Averages

7.19

High

8.25

-1.37% Downside

Current: 7.290

Low

5.50

Averages

7.19

High

8.25

Northland

Market Perform

Outperform

upgrade

$7.50

2025-05-21

Reason

Northland

Price Target

$7.50

2025-05-21

upgrade

Market Perform

Outperform

Reason

Northland upgraded Evolv to Outperform from Market Perform with a $7.50 price target.

Northland

Market Perform -> Outperform

upgrade

$7.50

2025-05-21

Reason

Northland

Price Target

$7.50

2025-05-21

upgrade

Market Perform -> Outperform

Reason

As previously reported, Northland upgraded Evolv to Outperform from Market Perform with a $7.50 price target after Evolv held its first earnings call with its new CEO and CFO following the company's restatements. Management says it has started to see improvements in sales cycles along with a positive shift to more full subscription sales and forecasts "healthy" 20%-25% yearly growth, says the analyst, who is increasing the firm's estimates.

Lake Street

Hold

maintain

2025-05-21

Reason

Lake Street

Price Target

2025-05-21

maintain

Hold

Reason

Lake Street raised the firm's price target on Evolv to $5.50 from $4 and keeps a Hold rating on the shares. After the company reported Q1 results, the firm raised its 2025 revenue forecast and feels there is "a lessening of headwinds on the business." The firm is "pleased" to see the company back in compliance with its SEC filing and Nasdaq listing requirements, the analyst added.

Lake Street

Eric Martinuzzi

Hold

Maintains

$3.5 → $2.75

2024-10-28

Reason

Lake Street

Eric Martinuzzi

Price Target

$3.5 → $2.75

2024-10-28

Maintains

Hold

Reason

Lake Street analyst Eric Martinuzzi lowered the firm's price target on Evolv to $2.75 from $3.50 and keeps a Hold rating on the shares after Evolv announced on Friday that it will restate financials going back to the second quarter of 2022 due to premature recognition of revenue and will delay the filing of its third quarter results. While "disappointed by the news," which heightens Evolv's risk profile, the firm believes the company will be able to eventually get its financial statements corrected, the analyst tells investors.

Northland Capital Markets

Michael Latimore

Buy

Maintains

$6.5 → $5.5

2024-08-12

Reason

Northland Capital Markets

Michael Latimore

Price Target

$6.5 → $5.5

2024-08-12

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Evolv Technologies Holdings Inc (EVLV.O) is -26.04, compared to its 5-year average forward P/E of -10.93. For a more detailed relative valuation and DCF analysis to assess Evolv Technologies Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-10.93

Current PE

-26.04

Overvalued PE

-3.52

Undervalued PE

-18.34

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

3.47

Current EV/EBITDA

349.68

Overvalued EV/EBITDA

73.50

Undervalued EV/EBITDA

-66.57

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

9.26

Current PS

9.04

Overvalued PS

16.96

Undervalued PS

1.55