While Evolv Technologies Holdings Inc has overperformed by 2.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EVLV rose by 49.62%, with highs and lows ranging from $6.45 to $2.04, whereas the simple moving average jumped by 49.69% in the last 200 days.
On May 21, 2025, Northland Capital Upgraded Evolv Technologies Holdings Inc (NASDAQ: EVLV) to Outperform. A report published by Northland Capital on October 28, 2024, Downgraded its rating to ‘Market Perform’ for EVLV. Craig Hallum also rated EVLV shares as ‘Buy’, setting a target price of $5.75 on the company’s shares in an initiating report dated May 20, 2024. Lake Street May 10, 2024d the rating to Hold on May 10, 2024, and set its price target from $6 to $3.50. Lake Street initiated its ‘Buy’ rating for EVLV, as published in its report on November 21, 2023. Craig Hallum’s report from April 28, 2023 suggests a price prediction of $6 for EVLV shares, giving the stock a ‘Buy’ rating. Cantor Fitzgerald also rated the stock as ‘Overweight’.
Analysis of Evolv Technologies Holdings Inc (EVLV)
Further, the quarter-over-quarter increase in sales is 47.72%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Evolv Technologies Holdings Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -33.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.99, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and EVLV is recording an average volume of 3.22M. On a monthly basis, the volatility of the stock is set at 4.98%, whereas on a weekly basis, it is put at 4.13%, with a loss of -5.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.06, showing growth from the present price of $5.91, which can serve as yet another indication of whether EVLV is worth investing in or should be passed over.
How Do You Analyze Evolv Technologies Holdings Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 30.07%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 43.07% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
EVLV shares are owned by institutional investors to the tune of 43.07% at present.
