Evolv Technologies Holdings, Inc. (EVLV)

EVLV Stock Forecast

Stock Price Forecast

The 2 analysts that cover EVLV stock have a consensus rating of "Buy" and an average price target of $6.5, which forecasts a 7.26% increase in the stock price over the next year. The lowest target is $5.5 and the highest is $7.5.

Price Target: $6.5 (+7.26%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.50	$6.50	$7.50	$7.50
Change	-9.24%	+7.26%	+23.76%	+23.76%

* Price targets were last updated on May 21, 2025.

Analyst Ratings

The average analyst rating for EVLV stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	2	2	2	0	0	0
Buy	1	1	0	1	1	1
Hold	2	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	4	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Latimore Northland Capital Markets	Northland Capital Markets	Hold → Buy Upgrades $7.5	Hold → Buy	Upgrades	$7.5	+23.76%	May 21, 2025
Eric Martinuzzi Lake Street	Lake Street	Hold Maintains $4 → $5.5	Hold	Maintains	$4 → $5.5	-9.24%	May 21, 2025
Eric Martinuzzi Lake Street	Lake Street	Hold Maintains $2.75 → $4	Hold	Maintains	$2.75 → $4	-33.99%	Apr 30, 2025
Michael Latimore Northland Capital Markets	Northland Capital Markets	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 28, 2024
Eric Martinuzzi Lake Street	Lake Street	Hold Maintains $3.5 → $2.75	Hold	Maintains	$3.5 → $2.75	-54.62%	Oct 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

131.35M

Increased by 26.46%

from 103.87M

Revenue Next Year

156.05M

Increased by 18.80%

from 131.35M

EPS This Year

-0.11

from -0.34

EPS Next Year

-0.10

from -0.11

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.79M	23.39M	52.72M	79.57M	103.87M	131.35M	156.05M
Revenue Growth	-18.15%	388.88%	125.36%	50.92%	30.54%	26.46%	18.80%
EPS	-3.07	-0.15	-0.60	-0.72	-0.34	-0.11	-0.10
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	139.0M	168.5M
Avg	131.4M	156.1M
Low	123.6M	142.8M

Revenue Growth

Revenue Growth	2025	2026
High	33.8%	28.3%
Avg	26.5%	18.8%
Low	19.0%	8.7%

EPS Forecast

EPS	2025	2026
High	-0.11	-0.08
Avg	-0.11	-0.10
Low	-0.11	-0.11

EPS Growth

EPS Growth	2025	2026
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.