Evolv Technologies Holdings Inc (NASDAQ: EVLV): How Can A Stock Be Up 11.14% Year To Date, But Still Loser

NOVA

Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s traded shares stood at 3.25 million during the last session, with the company’s beta value hitting 1.62. At the close of trading, the stock’s price was $4.39, to imply an increase of 7.07% or $0.29 in intraday trading. The EVLV share’s 52-week high remains $4.65, putting it -5.92% down since that peak but still an impressive 54.21% since price per share fell to its 52-week low of $2.01. The company has a valuation of $717.64M, with an average of 2.18 million shares in intraday trading volume over the past 10 days and average of 1.32 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Evolv Technologies Holdings Inc (EVLV), translating to a mean rating of 2.33. Of 2 analyst(s) looking at the stock, 0 analyst(s) give EVLV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.

Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information

After registering a 7.07% upside in the last session, Evolv Technologies Holdings Inc (EVLV) has traded red over the past five days. The 5-day price performance for the stock is 35.08%, and 40.71% over 30 days. With these gigs, the year-to-date price performance is 11.14%. Short interest in Evolv Technologies Holdings Inc (NASDAQ:EVLV) saw shorts transact 15.9 million shares and set a 12.75 days time to cover.

The extremes give us $2.75 and $8 for target low and target high price respectively. As such, EVLV has been trading -82.23% off suggested target high and 37.36% from its likely low.

Evolv Technologies Holdings Inc (EVLV) estimates and forecasts

The rating firms project that company’s revenue will grow 13.93% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 26.86M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 28.96M.Earnings reports from the last fiscal year show that sales brought in 21.67M and 25.54M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 23.98% before jumping 13.41% in the following quarter.

EVLV Dividends

Evolv Technologies Holdings Inc has its next earnings report out on 2025-Apr-27. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Evolv Technologies Holdings Inc insiders hold 16.47% of total outstanding shares, with institutional holders owning 54.73% of the shares at 65.52% float percentage. In total, 54.73% institutions holds shares in the company, led by GENERAL CATALYST GROUP MANAGEMENT, LLC. As of 2024-06-30, the company held over 10.8 million shares (or 6.8997% of shares), all amounting to roughly $27.53 million.

The next major institution holding the largest number of shares is DATA COLLECTIVE IV GP, LLC with 9.68 million shares, or about 6.1872% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $24.69 million.

We also have iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Evolv Technologies Holdings Inc (EVLV) shares. Going by data provided on Mar 31, 2025 , iShares Trust-iShares Russell 2000 ETF holds roughly 3.47 shares. This is just over 2.20% of the total shares, with a market valuation of $15.23 million. Data from the same date shows that the other fund manager holds a little less at 3.44, or 2.19% of the shares, all valued at about 15.12 million.