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Upturn AI Summary - About
Evolv Technologies Holdings Inc(EVLV)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for EVLV
09/25/2026: EVLV (1-star) is currently NOT-A-BUY. Pass it for now.
Evolv Technologies is a growth-stage company that provides AI-powered, touchless security screening systems designed for high-traffic environments. Its primary strength lies in its ability to offer an improved, subscription-based user experience compared to traditional security methods, which has allowed it to secure contracts in major sports and public venues. The company's growth story centers on its potential to replace legacy infrastructure with modern, data-driven security solutions. However, it faces significant risks related to performance scrutiny, regulatory oversight, and intense competition from established security firms. The stock is best suited for growth-oriented investors who can tolerate high volatility and uncertainty.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high growth potential but carries significant operational and execution risks. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit high price swings based on contract announcements or regulatory developments. |
| Value investor | Weak fit | The company lacks consistent profitability and trades based on future growth expectations rather than current earnings. |
| Dividend investor | Weak fit | The company does not pay dividends and prioritizes reinvestment for growth. |
| Low-risk investor | Weak fit | The stock's high volatility and regulatory exposure make it unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to sharp price movements driven by sentiment and contract cycles. |
| Valuation risk | Medium / high | Current valuations are heavily dependent on future growth targets that may not materialize. |
| Competition risk (AI competition) | Medium / high | Established players are increasingly integrating AI, threatening Evolv's primary differentiator. |
| Business quality | Medium | While the product addresses a real need, the company has yet to demonstrate sustainable profitability. |
| Dividend income | Low / none | Investors should not expect income from this equity. |
| Execution risk | High | Successfully scaling sales operations and meeting security standard requirements is critical. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -19.85% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 881.37M USD | Price to earnings Ratio - | 1Y Target Price 9.85 |
Price to earnings Ratio - | 1Y Target Price 9.85 | ||
Volume (30-day avg) 2.0M shares | Beta 1.8 | 52 Weeks Range 4.76 - 8.81 | Updated Date 09/25/2026 |
52 Weeks Range 4.76 - 8.81 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.02 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Subscription Services | Recurring revenue from Evolv Express systems and cloud-based analytics platforms. | The company mostly earns through long-term contracts rather than one-time hardware sales, providing a predictable revenue stream. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 43.29 | Enterprise Value 864.64M | Price to Sales(TTM) 5.14 |
Enterprise Value 864.64M | Price to Sales(TTM) 5.14 | ||
Enterprise Value to Revenue 5.04 | Enterprise Value to EBITDA 34.09 | Shares Outstanding 179.87M | Shares Floating 171.77M |
Shares Outstanding 179.87M | Shares Floating 171.77M | ||
Percent Insiders 4.28 | Percent Institutions 73.78 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Evolv Technologies Holdings Inc
Exchange NASDAQ | Headquarters Waltham, MA, United States | ||
IPO Launch date 2020-09-22 | President, CEO & Executive Director Mr. John Kedzierski | ||
Sector Industrials | Industry Security & Protection Services | Full time employees 286 | Website https://evolv.com |
Full time employees 286 | Website https://evolv.com | ||
Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.
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