Will Evolv Technologies Holdings Inc (NASDAQ: EVLV) Stock Boom Or Bust From Here?

During the last session, Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s traded shares were 0.78 million, with the beta value of the company hitting 1.37. At the end of the trading day, the stock’s price was $4.12, reflecting an intraday gain of 4.70% or $0.18. The 52-week high for the EVLV share is $8.30, that puts it down -101.46 from that peak though still a striking 26.21% gain since the share price plummeted to a 52-week low of $3.04. The company’s market capitalization is $641.77M, and the average trade volume was 1.64 million shares over the past three months.

Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information

Evolv Technologies Holdings Inc (EVLV) registered a 4.70% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.70% in intraday trading to $4.12, hitting a weekly high. The stock’s 5-day price performance is 7.70%, and it has moved by 13.64% in 30 days. Based on these gigs, the overall price performance for the year is 33.06%.

Evolv Technologies Holdings Inc (EVLV) estimates and forecasts

Statistics show that Evolv Technologies Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Evolv Technologies Holdings Inc (EVLV) shares have gone up 3.38% during the last six months, with a year-to-date growth rate more than the industry average at 32.39% against 11.40. In the rating firms’ projections, revenue will increase 42.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 23M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 26.64M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 18.58M and 19.82M respectively. In this case, analysts expect current quarter sales to grow by 23.80% and then jump by 34.40% in the coming quarter.

While earnings are projected to return 22.92% in 2024.

EVLV Dividends

Evolv Technologies Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s Major holders