Why Should You Add Evolv Technologies Holdings Inc (EVLV) To Your Portfolio?

Evolv Technologies Holdings Inc (NASDAQ:EVLV) has a beta value of 1.55 and has seen 1.01 million shares traded in the last trading session. The EVLV stock price is -45.77% off its 52-week high price of $4.65 and 36.99% above the 52-week low of $2.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.48 million shares traded. The 3-month trading volume is 1.33 million shares.

The consensus among analysts is that Evolv Technologies Holdings Inc (EVLV) is Buy stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.06.

Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information

Over the past 30 days, the shares of Evolv Technologies Holdings Inc (NASDAQ:EVLV) have changed 3.91%. Short interest in the company has seen 15.67 million shares shorted with days to cover at 13.67.

Wall Street analysts have a consensus price target for the stock at $2.75, which means that the shares’ value could drop -16.0% from current levels. The projected low price target is $2.75 while the price target rests at a high of $2.75. In that case, then, we find that the current price level is 13.79% off the targeted high while a plunge would see the stock lose 13.79% from current levels.

Evolv Technologies Holdings Inc (EVLV) estimates and forecasts

The company’s shares have lost -25.12% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 26.36%.

4 analysts offering their estimates for the company have set an average revenue estimate of 26.4M for the current quarter. 4 have an estimated revenue figure of 28.01M for the next ending quarter. Year-ago sales stood 20.19M and 21.82M respectively for this quarter and the next, and analysts expect sales will grow by 30.76% for the current quarter and 26.36% for the next.

EVLV Dividends

Evolv Technologies Holdings Inc is expected to release its next earnings report on 2024-Aug-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 17.09% of the company shares, while shares held by institutions stand at 56.76% with a share float percentage of 68.46%. Investors are also buoyed by the number of investors in a company, with Evolv Technologies Holdings Inc having a total of 242.0 institutions that hold shares in the company. The top two institutional holders are GENERAL CATALYST GROUP MANAGEMENT, LLC with over 10.8 million shares worth more than $27.53 million. As of 2024-06-30, GENERAL CATALYST GROUP MANAGEMENT, LLC held 6.8997% of shares outstanding.

The other major institutional holder is DATA COLLECTIVE IV GP, LLC, with the holding of over 9.68 million shares as of 2024-06-30. The firm’s total holdings are worth over $24.69 million and represent 6.1872% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 2.20% shares in the company for having 3.47 shares of worth $11.06 million while later fund manager owns 3.44 shares of worth $10.99 million as of Dec 31, 2024 , which makes it owner of about 2.19% of company’s outstanding stock.