EVLV Should I Buy
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Evolv Technologies Holdings Inc (EVLV) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company shows promising revenue growth and positive news catalysts, the technical indicators and financial performance suggest caution. The lack of strong trading signals and the current bearish technical setup make it advisable to hold off on investing for now.
The technical indicators for EVLV are bearish. The MACD histogram is below 0 and negatively contracting, the RSI is neutral at 54.222, and the moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading near its pivot point of 5.757, with resistance at 6.198 and support at 5.315. Overall, the technical setup does not indicate a strong buy signal.
Evolv Technologies has deployed its advanced security systems at the University of North Carolina, enhancing its reputation in sports and entertainment security.
The company has screened nearly 3 billion people since 2019, showcasing its global application and market penetration.
The company's financials show a significant drop in net income (-94.10% YoY) and EPS (-94.74% YoY) in Q3
Gross margin has also decreased by 6.27% YoY, indicating potential cost pressures or inefficiencies.
In Q3 2025, Evolv Technologies reported a 56.62% YoY increase in revenue to $42.85 million. However, net income dropped significantly to -$1.796 million (-94.10% YoY), and EPS fell to -0.01 (-94.74% YoY). Gross margin also declined to 54.16%, down 6.27% YoY. While revenue growth is strong, profitability metrics are concerning.
No recent analyst rating or price target changes are available for EVLV.
