Do You Still Have A Reason To Buy Evolv Technologies Holdings Inc (NASDAQ: EVLV) After A -2.62% Drop In The Last Week?

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During the last session, Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s traded shares were 2.35 million, with the beta value of the company hitting 1.61. At the end of the trading day, the stock’s price was $4.09, reflecting an intraday gain of 0.99% or $0.04. The 52-week high for the EVLV share is $4.65, that puts it down -13.69 from that peak though still a striking 50.86% gain since the share price plummeted to a 52-week low of $2.01. The company’s market capitalization is $668.59M, and the average trade volume was 1.43 million shares over the past three months.

Evolv Technologies Holdings Inc (EVLV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. EVLV has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.05.

Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information

Evolv Technologies Holdings Inc (EVLV) registered a 0.99% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.99% in intraday trading to $4.09, hitting a weekly high. The stock’s 5-day price performance is -2.62%, and it has moved by 36.33% in 30 days. Based on these gigs, the overall price performance for the year is 3.28%.

The consensus price target of analysts on Wall Street is $5.4, which implies an increase of 24.26% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.75 and $8 respectively. As a result, EVLV is trading at a discount of -95.6% off the target high and 32.76% off the low.

Evolv Technologies Holdings Inc (EVLV) estimates and forecasts

In the rating firms’ projections, revenue will increase 19.66% 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 27.94M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 30.3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 21.67M and 25.54M respectively. In this case, analysts expect current quarter sales to grow by 28.95% and then jump by 18.66% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 42.09%. While earnings are projected to return 24.64% in 2025.

EVLV Dividends

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

The next largest institutional holding, with 9.68 million shares, is of DATA COLLECTIVE IV GP, LLC’s that is approximately 6.1872% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $24.69 million.

Also, the Mutual Funds coming in first place with the largest holdings of Evolv Technologies Holdings Inc (EVLV) shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 3.47 shares. This amounts to just over 2.12 percent of the company’s overall shares, with a $14.18 million market value. The same data shows that the other fund manager holds slightly less at 3.44, or about 2.11% of the stock, which is worth about $14.09 million.