
EVLV Stock Forecast & Price Target
EVLV Analyst Ratings
Bulls say
Evolv Technologies Holdings Inc has demonstrated strong growth with total revenue reaching $32.5 million, reflecting a 29% year-over-year increase, which is in line with analysts' estimates and exceeds market expectations. The company has successfully expanded its customer base by adding 20 new Expedite customers since Q4 2024 and recording approximately 100 new system orders in Q2 2025. Additionally, Evolv is shifting its go-to-market strategy towards a direct fulfillment subscription model, which presents improved economics through higher revenue, enhanced cash flow, and increased annual recurring revenue per unit.
Bears say
Evolv Technologies Holdings Inc operates in the security technology sector, offering AI-based touchless security screening systems, but several risks contribute to a negative outlook for the company's stock. Key concerns include a potential slowdown in unit growth, which would adversely impact revenue and margins, leading to delays in achieving positive free cash flow. Additionally, there are significant risks involving go-to-market investments, manufacturing challenges, competition, macroeconomic conditions that might delay customer purchases, and uncertainties surrounding the accuracy of prior financial statements and revenue recognition practices.
This aggregate rating is based on analysts' research of Evolv Technologies Holdings and is not a guaranteed prediction by Public.com or investment advice.
EVLV Analyst Forecast & Price Prediction
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