Evolv Technologies Holdings, Inc. (EVLV)

NASDAQ: EVLV · IEX Real-Time Price · USD
4.28
+0.28 (7.00%)
At close: Dec 1, 2023, 4:00 PM
4.34
+0.06 (1.40%)
After-hours: Dec 1, 2023, 7:58 PM EST
7.00%
Market Cap 646.86M
Revenue (ttm) 79.48M
Net Income (ttm) -117.67M
Shares Out 151.14M
EPS (ttm) -0.82
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 949,909
Open 3.98
Previous Close 4.00
Day's Range 3.89 - 4.29
52-Week Range 1.98 - 8.30
Beta 1.44
Analysts Strong Buy
Price Target 7.17 (+67.52%)
Earnings Date Nov 9, 2023

About EVLV

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening. 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. [Read more]

Sector Industrials
Founded 2013
Employees 223
Stock Exchange NASDAQ
Ticker Symbol EVLV
Full Company Profile

Financial Performance

In 2022, EVLV's revenue was $55.20 million, an increase of 135.95% compared to the previous year's $23.39 million. Losses were -$86.41 million, 693.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for EVLV stock is "Strong Buy." The 12-month stock price forecast is $7.17, which is an increase of 67.52% from the latest price.

Price Target
$7.17
(67.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Denver's Ball Arena Opens 2023-2024 Season with Evolv Technology

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced an expanded partnership with Denver-based Kroenke Sports ...

3 days ago - Business Wire

Evolv Technology Announces Appointment of Chief Marketing Officer

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Courtney Cunnane as Chief Marketing Of...

11 days ago - Business Wire

Is it time to buy EVOLV Technologies after post-earnings dip?

Evolv Technologies, Inc. NASDAQ: EVLV delivered a strong quarterly earnings report on November 9. 2023. The company reported revenue of $20.2 million, higher than the $16.5 million it generated in the...

18 days ago - MarketBeat

Evolv Technology Surpasses One Billion Visitors Screened

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that it has further extended its leadership position in h...

20 days ago - Business Wire

Evolv Technology Reports Record Third Quarter Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced financial results for the quarter ended September 30, 202...

24 days ago - Business Wire

Evolv Technology Announces Appointments to Board of Directors

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that its Board of Directors approved the election of two ...

27 days ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Evolv Technologie...

6 weeks ago - Business Wire

Evolv Technology to Present at UBS Global Technology Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that Peter George, the Company's President and Chief Exec...

6 weeks ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) investors concerning ...

7 weeks ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) on behalf of investors concerni...

7 weeks ago - Business Wire

Evolv Technology Announces Preliminary Results for Third Quarter 2023

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced preliminary financial results for the quarter ended Septe...

7 weeks ago - Business Wire

Evolv Technology Announces Appointment of Chief Commercial Officer

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Jay Muelhoefer to serve as Chief Comme...

7 weeks ago - Business Wire

Evolv Technology to Release Third Quarter Financial Results on November 9, 2023

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, announced that the Company will release financial results for the third q...

7 weeks ago - Business Wire

Implementation In California's Madera Unified School District Symbolic of Evolv Technology's Expanding West Coast Footprint, Innovative Purchasing Process

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, announced it is now used in nine schools in California's Madera Unified S...

2 months ago - Business Wire

Evolv Integrates Omnilert's AI Gun Detection Technology into Evolv Extend to Help Keep Customers Safe from Active Shooters

New product offering combines leading AI technologies for concealed weapon and brandished gun detection LEESBURG, Va. , Sept. 7, 2023 /PRNewswire/ -- Omnilert , a leader in active shooter solutions, t...

3 months ago - PRNewsWire

Evolv Technology Announces New Product, Evolv Extend, for Detection of Brandished Guns Approaching Venue Entrances

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, is proud to unveil the latest innovation in its product portfolio, Evolv ...

3 months ago - Business Wire

Evolv Announces Express 7.0, With Latest Version of AI-based Detection Algorithm and Updated Tablet Software

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, is delighted to unveil the latest software update to its Evolv Express® s...

3 months ago - Business Wire

Florence 1 Schools Expands Partnership With Evolv Technology, Doubles Down On Commitment to School Safety

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, has expanded its partnership with South Carolina's Florence 1 Schools. In...

3 months ago - Business Wire

Evolv Technology Reports Record Second Quarter Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced financial results for the quarter ended June 30, 2023 and...

4 months ago - Business Wire

Albuquerque, New Mexico-Area Rio Rancho Public Schools Demonstrates Commitment to Safety With Evolv Technology Implementation

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV) has partnered with Rio Rancho Public Schools (RRPS) in New Mexico to bring an added layer of security to the district beginning this sc...

4 months ago - Business Wire

Delaware's Appoquinimink Schools To Begin New Academic Year With Evolv Technology At High School Stadiums

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV) has partnered with Appoquinimink School District in southern New Castle County, Delaware, to bring its AI-based weapons detection secur...

4 months ago - Business Wire

Nash County Public Schools Introduces a New Layer in Safety with Evolv Express

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced its partnership with North Carolina's Nash County Public ...

4 months ago - Business Wire

Evolv Technology to Ring Nasdaq Closing Bell on August 1, 2023

WALTHAM, Mass--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that members of the Company's management team will ring th...

4 months ago - Business Wire

Aultman Hospital Adds Layer of Safety with Evolv Technology

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced its partnership with Aultman Hospital in Ohio. The hospit...

4 months ago - Business Wire

Evolv Technology to Release Second Quarter Financial Results on August 10, 2023

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that it will release financial results for the second qua...

5 months ago - Business Wire