Evolv Technologies Holdings Inc (NASDAQ:EVLV) price on Thursday, May 01, fall -4.33% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.20.
A look at the stock’s price movement, the close in the last trading session was $4.39, moving within a range at $4.18 and $4.45. The beta value (5-Year monthly) was 1.68. Turning to its 52-week performance, $4.65 and $2.01 were the 52-week high and 52-week low respectively. Overall, EVLV moved 38.61% over the past month.
Evolv Technologies Holdings Inc’s market cap currently stands at around $686.57 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-27.
Analysts have a consensus estimate of 27.94M for the company’s revenue for the quarter, with a low and high estimate of 26.86M and 29.06M respectively. The average forecast suggests up to a 28.95% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 124.28M, representing a 19.66% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EVLV is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend EVLV as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
EVLV’s current price about 21.70% and 26.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 68.03, while 7-day volatility ratio is 10.54% and 8.45% in the 30-day chart. Further, Evolv Technologies Holdings Inc (EVLV) has a beta value of 1.61, and an average true range (ATR) of 0.28. Analysts have given the company’s stock an average 52-week price target of $5.4, forecast between a low of $2.75 and high of $8. Looking at the price targets, the low is 34.52% off current price level while to achieve the yearly target high, price needs to move -90.48%. Nonetheless, investors will most likely welcome a -28.57% jump to $5.4 which is the analysts’ median price.
If we refocus on Evolv Technologies Holdings Inc (NASDAQ:EVLV), historical trading data shows that trading volumes averaged 2.24 over the past 10 days and 1.36 million over the past 3 months. The company’s latest data on shares outstanding shows there are 159.60 million shares.
The 31.25% of Evolv Technologies Holdings Inc’s shares are in the hands of company insiders while institutional holders own 41.27% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 15.9 million on 2025-04-15, giving us a short ratio of 12.75. The data shows that as of 2025-04-15 short interest in Evolv Technologies Holdings Inc (EVLV) stood at 1210.0001 of shares outstanding, with shares short rising to 15.69 million registered in 2025-03-14. Current price change has pushed the stock 6.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EVLV stock continues to rise going into the next quarter.
