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EVLV logo EVLV
Upturn stock ratingUpturn stock rating
EVLV logo

Evolv Technologies Holdings Inc (EVLV)

Upturn stock ratingUpturn stock rating
$8.36
Last Close (24-hour delay)
Profit since last BUY114.91%
upturn advisory
Consider higher Upturn Star rating
BUY since 87 days
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

08/28/2025: EVLV (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $9.5

1 Year Target Price $9.5

Analysts Price Target For last 52 week
$9.5 Target price
52w Low $2.04
Current$8.36
52w High $8.91

Analysis of Past Performance

Type Stock
Historic Profit -25.5%
Avg. Invested days 30
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.44B USD
Price to earnings Ratio -
1Y Target Price 9.5
Price to earnings Ratio -
1Y Target Price 9.5
Volume (30-day avg) 4
Beta 1.7
52 Weeks Range 2.04 - 8.91
Updated Date 08/29/2025
52 Weeks Range 2.04 - 8.91
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.55

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-14
When -
Estimate -0.05
Actual -0.02

Profitability

Profit Margin -73.04%
Operating Margin (TTM) -32.82%

Management Effectiveness

Return on Assets (TTM) -14%
Return on Equity (TTM) -71.94%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1414336664
Price to Sales(TTM) 11.9
Enterprise Value 1414336664
Price to Sales(TTM) 11.9
Enterprise Value to Revenue 11.69
Enterprise Value to EBITDA -5.06
Shares Outstanding 171891008
Shares Floating 146611389
Shares Outstanding 171891008
Shares Floating 146611389
Percent Insiders 16
Percent Institutions 55.4

ai summary icon Upturn AI SWOT

Evolv Technologies Holdings Inc

stock logo

Company Overview

overview logo History and Background

Evolv Technology was founded in 2013. It focuses on AI-based weapons detection systems designed for public safety. The company went public via SPAC merger in July 2021.

business area logo Core Business Areas

  • Evolv Express: AI-powered weapons detection screening solution for high-volume entrances.
  • Evolv Insights: Analytics and reporting platform that provides security teams with real-time data on threat detection and pedestrian flow.

leadership logo Leadership and Structure

Peter George is the CEO. The company has a board of directors overseeing strategic direction.

Top Products and Market Share

overview logo Key Offerings

  • Evolv Express: Evolv Express uses sensors and AI to detect weapons and other threats carried by people entering venues. Market share data is not publicly available. Competitors include Liberty Defense Holdings (LIBRF) and Opengate Security.
  • Evolv Insights: Evolv Insights provides data analytics on the Evolv Express screening system to help security teams optimize operations. Market share data is not publicly available. Competitors include companies offering security analytics platforms.

Market Dynamics

industry overview logo Industry Overview

The security screening industry is growing, driven by increased security concerns in public venues. AI-based screening is a growing segment within this market.

Positioning

Evolv Technology positions itself as a leader in AI-based weapons detection for high-volume entrances, emphasizing speed, accuracy, and a better experience than traditional security measures.

Total Addressable Market (TAM)

TAM estimates vary, but projections suggest a multi-billion dollar market for security screening technologies. Evolv is positioned to capture a portion of this market with its focus on AI-based solutions.

Upturn SWOT Analysis

Strengths

  • Innovative AI-based technology
  • Fast and efficient screening process
  • Improved customer experience compared to traditional security
  • Data analytics capabilities (Evolv Insights)

Weaknesses

  • Controversy surrounding false alarms and effectiveness.
  • Relatively high cost compared to traditional security measures
  • Limited market acceptance in some segments
  • Reliance on a single primary product

Opportunities

  • Expansion into new markets and verticals
  • Partnerships with security service providers
  • Development of new AI-based security solutions
  • Increased adoption of AI in security

Threats

  • Competition from established security companies
  • Negative publicity from false alarms or security breaches
  • Evolving regulatory landscape
  • Economic downturn affecting security spending

Competitors and Market Share

competitor logo Key Competitors

  • LIBRF
  • SNPO
  • FLIR

Competitive Landscape

Evolv Technology's advantages include its AI-based technology and focus on customer experience. Disadvantages include higher cost and dependence on a single primary product.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is reflected in the company's revenue growth over the past few years, primarily driven by increased adoption of Evolv Express.

Future Projections: Analyst projections vary, but generally anticipate continued revenue growth as AI-based security becomes more mainstream. Evaluate analyst reports for details.

Recent Initiatives: Recent initiatives include expanding partnerships and introducing new features for Evolv Express.

Summary

Evolv Technologies has innovative technology for security screening, but faces profitability challenges, negative publicity and competition. Their growth potential lies in market expansion and new product development; however, potential threats include economic downturns and regulatory changes. The company needs to improve customer trust and operational efficiency. Evolv Technology is not currently paying dividends.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Evolv Technologies Holdings Inc. Investor Relations
  • Company SEC Filings (10-K, 10-Q)
  • Analyst Reports (FactSet, Bloomberg)
  • Third Party Market Research Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and based on available data. Investment decisions should be made based on individual research and consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Evolv Technologies Holdings Inc

Exchange NASDAQ
Headquaters 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 287
Full time employees 287

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its flagship product is the Evolv Express, an AI-based concealed weapons detection system designed to detect firearms, improvised explosive devices, and tactical knives. The company also offers Evolv Insights Analytics Application that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics; and Evolv eXpedite, an autonomous AI-based weapons detection system to detect concealed weapons in bags. It serves education, healthcare, professional sports, performing arts and entertainment venues, tourist destinations and cultural attractions, large industrial workplaces, and houses of worship industries. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.