In the last trading session, 1.25 million Evolv Technologies Holdings Inc (NASDAQ:EVLV) shares changed hands as the company’s beta touched 1.67. With the company’s per share price at $3.46 changed hands at -$0.06 or -1.70% during last session, the market valuation stood at $545.13M. EVLV’s last price was a discount, traded about -52.6% off its 52-week high of $5.28. The share price had its 52-week low at $2.01, which suggests the last value was 41.91% up since then.
Analysts gave the Evolv Technologies Holdings Inc (EVLV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended EVLV as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Evolv Technologies Holdings Inc’s EPS for the current quarter is expected to be -0.06.
Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information
Instantly EVLV was in red as seen at the end of in last trading. With action -13.07%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -12.41%, with the 5-day performance at -13.07% in the red. However, in the 30-day time frame, Evolv Technologies Holdings Inc (NASDAQ:EVLV) is -16.83% down.
The consensus price target for the stock as assigned by Wall Street analysts is 2.75, meaning bulls need a downside of -25.82% from its current market value. According to analyst projections, EVLV’s forecast low is 2.75 with 2.75 as the target high. To hit the forecast high, the stock’s price needs a 20.52% surge from its current level, while the stock would need to tank 20.52% for it to hit the projected low.
Evolv Technologies Holdings Inc (EVLV) estimates and forecasts
Year-over-year growth is forecast to reach 26.36% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 26.4M. 4 analysts are of the opinion that Evolv Technologies Holdings Inc’s revenue for the current quarter will be 28.01M. The company’s revenue for the corresponding quarters a year ago was 20.19M and 21.82M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 30.76%. The estimates for the next quarter sales put growth at 28.36%.
The 2025 estimates are for Evolv Technologies Holdings Inc earnings to increase by 25.00%, but the outlook for the next 5-year period is at 28.79% per year.
EVLV Dividends
Evolv Technologies Holdings Inc is expected to release its next quarterly earnings report in March.
DATA COLLECTIVE IV GP, LLC holds the second largest percentage of outstanding shares, with 6.1872% or 9.68 million shares worth $24.69 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . With 3.61 shares estimated at $12.5 million under it, the former controlled 2.29% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.19% of the shares, roughly 3.44 shares worth around $11.92 million.
