Evolv Technologies Holdings, Inc. (EVLV)
NASDAQ: EVLV · Real-Time Price · USD
2.850
+0.230 (8.78%)
Nov 21, 2024, 11:51 AM EST - Market open

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 96.49% from the current stock price of 2.85.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.75 $5.60 $5.75 $8.00
Change -3.51% +96.49% +101.75% +180.70%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 222222
Hold 221111
Sell 000000
Strong Sell 000000
Total 665555

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 -3.51% Oct 28, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$6.5$5.5
Buy Maintains $6.5$5.5 +92.98% Aug 12, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$8.5$5.75
Strong Buy Initiates $8.5$5.75 +101.75% May 20, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$7$6
Strong Buy Maintains $7$6 +110.53% May 10, 2024
Lake Street
Lake Street
Hold
Downgrades
$6$3.5
Hold Downgrades $6$3.5 +22.81% May 10, 2024
More Analyst Ratings

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
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.85M4.79M23.39M55.20M80.42M103.61M135.12M262.96M
Revenue Growth
--18.15%388.88%135.95%45.70%28.84%30.41%94.61%
EPS
-0.88-3.07-0.15-0.60-0.71-0.27-0.13-
EPS Growth
--------
Forward PE
--------
No. Analysts -----773
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
34.4%
41.2%
100.3%
Avg
28.8%
30.4%
94.6%
Low
21.9%
18.3%
87.0%

EPS Forecast

EPS 20242025
High -0.26 -0.11
Avg -0.27 -0.13
Low -0.27 -0.16

EPS Growth

EPS Growth 20242025
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.