Evolv Technologies Holdings, Inc. (EVLV)
NASDAQ: EVLV · IEX Real-Time Price · USD
3.160
-0.010 (-0.32%)
At close: Jul 19, 2024, 4:00 PM
3.030
-0.130 (-4.11%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
EVLV Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for EVLV stock have an average target of 5.65, with a low estimate of 3.50 and a high estimate of 8.00. The average target predicts an increase of 78.80% from the current stock price of 3.16.
Analyst Consensus: Buy
* Price targets were last updated on May 20, 2024.
Analyst Ratings
The average analyst rating for EVLV stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $8.5 → $5.75 | Strong Buy | Initiates | $8.5 → $5.75 | +81.96% | May 20, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | +89.87% | May 10, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $6 → $3.5 | Strong Buy → Hold | Downgrades | $6 → $3.5 | +10.76% | May 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $8 | Buy | Maintains | $8 | +153.16% | Mar 28, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $8 | Buy | Reiterates | $8 | +153.16% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
101.96M
from 80.42M
Increased by 26.79%
Revenue Next Year
136.71M
from 101.96M
Increased by 34.08%
EPS This Year
-0.29
from -0.71
EPS Next Year
-0.14
from -0.29
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 107.1M | 147.0M | 270.7M | 229.7M | 291.0M |
| Avg | 102.0M | 136.7M | 263.0M | 223.2M | 282.6M |
| Low | 95.9M | 120.8M | 252.6M | 214.4M | 271.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.2% | 44.2% | 98.0% | -12.6% | 30.4% |
| Avg | 26.8% | 34.1% | 92.3% | -15.1% | 26.6% |
| Low | 19.2% | 18.5% | 84.8% | -18.5% | 21.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.26 | -0.11 |
| Avg | -0.29 | -0.14 |
| Low | -0.32 | -0.21 |
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.