In last trading session, Evolv Technologies Holdings Inc (NASDAQ:EVLV) saw 1.19 million shares changing hands with its beta currently measuring 1.65. Company’s recent per share price level of $3.89 trading at -$0.07 or -1.77% at ring of the bell on the day assigns it a market valuation of $612.87M. That closing price of EVLV’s stock is at a discount of -47.3% from its 52-week high price of $5.73 and is indicating a premium of 48.33% from its 52-week low price of $2.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.94 million shares which gives us an average trading volume of 2.25 million if we extend that period to 3-months.
For Evolv Technologies Holdings Inc (EVLV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information
Upright in the red during last session for losing -1.77%, in the last five days EVLV remained trading in the green while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $3.89 price level, adding 9.53% to its value on the day. Evolv Technologies Holdings Inc’s shares saw a change of -1.52% in year-to-date performance and have moved 20.81% in past 5-day. Evolv Technologies Holdings Inc (NASDAQ:EVLV) showed a performance of -3.23% in past 30-days. Number of shares sold short was 16.14 million shares which calculate 10.65 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.75 to the stock, which implies a fall of -41.45% to its current value. Analysts have been projecting 2.75 as a low price target for the stock while placing it at a high target of 2.75. It follows that stock’s current price would jump 29.31% in reaching the projected high whereas dropping to the targeted low would mean a gain of 29.31% for stock’s current value.
Evolv Technologies Holdings Inc (EVLV) estimates and forecasts
Statistics highlight that Evolv Technologies Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 11.62% of value to its shares in past 6 months, showing an annual growth rate of 61.97% while that of industry is 16.90. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 26.36% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 26.4M for the same. And 4 analysts are in estimates of company making revenue of 28.01M in the next quarter. Company posted 20.19M and 21.82M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 25.00% while estimates for its earnings growth in next 5 years are of 28.79%.
Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s Major holders
Insiders are in possession of 17.08% of company’s total shares while institution are holding 59.68 percent of that, with stock having share float percentage of 71.97%. Investors also watch the number of corporate investors in a company very closely, which is 59.68% institutions for Evolv Technologies Holdings Inc that are currently holding shares of the company. GENERAL CATALYST GROUP MANAGEMENT, LLC is the top institutional holder at EVLV for having 10.8 million shares of worth $27.53 million. And as of 2024-06-30, it was holding 7.0528 of the company’s outstanding shares.
The second largest institutional holder is DATA COLLECTIVE IV GP, LLC, which was holding about 9.68 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.3245 of outstanding shares, having a total worth of $24.69 million.
