Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Given Average Rating of “Moderate Buy” by Brokerages

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) has received a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $9.1250.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Evolv Technologies in a report on Thursday, January 22nd.

Insider Transactions at Evolv Technologies

In other Evolv Technologies news, Director Michael Ellenbogen sold 91,771 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $5.10, for a total transaction of $468,032.10. Following the transaction, the director directly owned 2,083,961 shares in the company, valued at approximately $10,628,201.10. This represents a 4.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 253,261 shares of company stock worth $1,410,326. Corporate insiders own 11.30% of the company’s stock.

Institutional Investors Weigh In On Evolv Technologies

A number of institutional investors and hedge funds have recently modified their holdings of EVLV. Arizona State Retirement System boosted its stake in Evolv Technologies by 5.7% in the third quarter. Arizona State Retirement System now owns 31,581 shares of the company’s stock valued at $238,000 after acquiring an additional 1,694 shares during the last quarter. CW Advisors LLC grew its holdings in Evolv Technologies by 19.0% during the 2nd quarter. CW Advisors LLC now owns 12,614 shares of the company’s stock worth $79,000 after acquiring an additional 2,014 shares during the period. Victory Capital Management Inc. raised its position in shares of Evolv Technologies by 16.5% during the 3rd quarter. Victory Capital Management Inc. now owns 15,601 shares of the company’s stock valued at $118,000 after acquiring an additional 2,206 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of Evolv Technologies by 29.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company’s stock valued at $77,000 after acquiring an additional 2,266 shares during the last quarter. Finally, Advisory Services Network LLC lifted its stake in shares of Evolv Technologies by 13.2% in the 4th quarter. Advisory Services Network LLC now owns 22,694 shares of the company’s stock valued at $162,000 after purchasing an additional 2,651 shares during the period. 66.65% of the stock is owned by institutional investors.

Evolv Technologies Stock Performance

EVLV stock opened at $5.31 on Wednesday. The company has a 50 day moving average price of $5.80 and a 200 day moving average price of $6.80. Evolv Technologies has a fifty-two week low of $2.64 and a fifty-two week high of $8.91. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.23 and a quick ratio of 1.15. The stock has a market capitalization of $952.35 million, a PE ratio of -25.28 and a beta of 1.89.

Evolv Technologies (NASDAQ:EVLV) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.14. The firm had revenue of $38.50 million for the quarter, compared to analyst estimates of $36.44 million. Evolv Technologies had a negative return on equity of 30.45% and a negative net margin of 22.71%. Analysts forecast that Evolv Technologies will post -0.27 EPS for the current year.

About Evolv Technologies

Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues.

The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets.