NASDAQ:EVLV

Evolv Technologies (EVLV) Stock Price, News & Analysis

$2.44
+0.08 (+3.39%)
(As of 08:49 AM ET)
Today's Range
$2.44
$2.44
50-Day Range
$2.36
$5.11
52-Week Range
$2.01
$8.30
Volume
40,742 shs
Average Volume
1.54 million shs
Market Capitalization
$380.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.50

Evolv Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
175.4% Upside
$6.50 Price Target
Short Interest
Bearish
8.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.03mentions of Evolv Technologies in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$250,000 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.

1.86 out of 5 stars

Computer And Technology Sector

419th out of 599 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

10th out of 14 stocks

EVLV stock logo

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

EVLV Stock News Headlines

Evolv Technologies Had a Bad Week, Is it Time to Buy or Fade?
A bad week continues to get worse for Evolv Technologies Holdings Inc. NASDAQ: EVLV. The AI-based weapons detection company's stock was subject to a limit up, limit down (LULD) pause after dropping over 30% in early morning trading on May 10.
Evolv Technologies Had a Bad Week, Is it Time to Buy or Fade?
EVLV stock fell more than 30% on news that the company is the target of a class-action lawsuit; the news made a bad earnings report look worse than it was
The Department of Defense Has a New Drone Contractor
The Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.
Evolv Technologies (NASDAQ:EVLV) Price Target Cut to $6.00
The Department of Defense Has a New Drone Contractor
The Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/13/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:EVLV
Fax
N/A
Employees
293
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.50
High Stock Price Target
$10.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+175.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-106,250,000.00
Net Margins
-106.93%
Pretax Margin
-132.06%

Debt

Sales & Book Value

Annual Sales
$80.42 million
Book Value
$0.97 per share

Miscellaneous

Free Float
138,154,000
Market Cap
$367.17 million
Optionable
Optionable
Beta
1.37
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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

EVLV Stock Analysis - Frequently Asked Questions

Should I buy or sell Evolv Technologies stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evolv Technologies in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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?

5 equities research analysts have issued twelve-month price targets for Evolv Technologies' stock. Their EVLV share price targets range from $3.50 to $10.00. On average, they expect the company's share price to reach $6.50 in the next twelve months. This suggests a possible upside of 175.4% 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 the year. Since then, EVLV shares have decreased by 50.0% and is now trading at $2.36.
View the best growth stocks for 2024 here
.

When is Evolv Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our EVLV earnings forecast
.

How were Evolv Technologies' earnings last quarter?

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.06. The firm had revenue of $21.67 million for the quarter, compared to analysts' expectations of $23.17 million. Evolv Technologies had a negative net margin of 106.93% and a negative trailing twelve-month return on equity of 45.57%. During the same period last year, the company posted ($0.15) earnings per share.

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

Evolv Technologies updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $100.0 million-$100.0 million, compared to the consensus revenue estimate of $114.6 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.62%), Key Colony Management LLC (3.01%), Sapient Capital LLC (0.44%), Simplex Trading LLC (0.00%), Hamilton Lane Advisors LLC (0.09%) and HB Wealth Management LLC (0.02%). 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 5/13/2024 by MarketBeat.com Staff

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