Evolv Technologies Holdings, Inc. (EVLV)
NASDAQ: EVLV · IEX Real-Time Price · USD
4.190
+0.310 (7.99%)
Apr 23, 2024, 4:00 PM EDT - Market closed
EVLV Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for EVLV stock have an average target of 7.17, with a low estimate of 5.00 and a high estimate of 10. The average target predicts an increase of 71.12% from the current stock price of 4.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for EVLV stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $8 | Buy | Maintains | $8 | +90.93% | Mar 28, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $8 | Buy | Reiterates | $8 | +90.93% | Mar 1, 2024 |
| Lake Street | Lake Street | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +43.20% | Nov 21, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +90.93% | Nov 10, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $8.6 | Buy | Reiterates | $8.6 | +105.25% | Sep 14, 2023 |
Financial Forecast
Revenue This Year
116.93M
from 80.42M
Increased by 45.40%
Revenue Next Year
163.82M
from 116.93M
Increased by 40.10%
EPS This Year
-0.21
from -0.71
EPS Next Year
-0.04
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 121.5M | 188.8M | 270.7M | 411.6M |
| Avg | 116.9M | 163.8M | 263.0M | 399.8M |
| Low | 109.8M | 142.1M | 252.6M | 384.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 51.0% | 61.5% | 65.2% | 56.5% |
| Avg | 45.4% | 40.1% | 60.5% | 52.1% |
| Low | 36.5% | 21.5% | 54.2% | 46.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.15 | -0.03 |
| Avg | -0.21 | -0.04 |
| Low | -0.28 | -0.06 |
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.