Evolv Technologies Holdings, Inc. (EVLV)
NASDAQ: EVLV · Real-Time Price · USD
3.790
+0.310 (8.91%)
At close: Dec 20, 2024, 4:00 PM
3.880
+0.090 (2.37%)
After-hours: Dec 20, 2024, 7:50 PM EST
EVLV Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for EVLV stock have an average target of 5.60, with a low estimate of 2.75 and a high estimate of 8.00. The average target predicts an increase of 47.76% from the current stock price of 3.79.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 28, 2024.
Analyst Ratings
The average analyst rating for EVLV stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Hold Maintains $3.5 → $2.75 | Hold | Maintains | $3.5 → $2.75 | -27.44% | Oct 28, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6.5 → $5.5 | Buy | Maintains | $6.5 → $5.5 | +45.12% | Aug 12, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $8.5 → $5.75 | Strong Buy | Initiates | $8.5 → $5.75 | +51.72% | May 20, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | +58.31% | May 10, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $6 → $3.5 | Strong Buy → Hold | Downgrades | $6 → $3.5 | -7.65% | May 10, 2024 |
Financial Forecast
Revenue This Year
103.61M
from 80.42M
Increased by 28.84%
Revenue Next Year
135.12M
from 103.61M
Increased by 30.41%
EPS This Year
-0.27
from -0.71
EPS Next Year
-0.13
from -0.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 108.1M | 146.3M | 270.7M |
| Avg | 103.6M | 135.1M | 263.0M |
| Low | 98.0M | 122.6M | 252.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.4% | 41.2% | 100.3% |
| Avg | 28.8% | 30.4% | 94.6% |
| Low | 21.9% | 18.3% | 87.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.26 | -0.11 |
| Avg | -0.27 | -0.13 |
| Low | -0.27 | -0.16 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.