EVLV Similar Chart Price Prediction
The price of EVLV is predicted to go up 0.8%, based on the high correlation periods with IOT. The similarity of these two price pattern on the periods is 98.45%.
EVLV
IOT
Up: 0.8%Similarity: 98.45%
EVLV Revenue Forecast
EVLV EPS Forecast
EVLV FAQs
What is bull’s view on EVLV?
What is bear's view on EVLV?
What is EVLV revenue forecast for next quarter？
EVLV Analyst's Forecast
Eric Martinuzzi
Lake Street
Hold
2024-10-28
Price Target
$3.5 → $2.75
Upside
+9.13%
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.
