Evolv Technologies (NASDAQ:EVLV) Stock Price Down 7.6% – What’s Next?

Posted by Brenda Bartman on Nov 12th, 2026

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV – Get Free Report)’s share price was down 7.6% during trading on Thursday. The stock traded as low as $4.14 and last traded at $4.1660. Approximately 1,231,044 shares changed hands during trading, a decline of 52% from the average session volume of 2,556,931 shares. The stock had previously closed at $4.51.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Craig Hallum restated a “buy” rating and issued a $11.25 price target on shares of Evolv Technologies in a research report on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Evolv Technologies in a report on Tuesday, September 29th. Wall Street Zen upgraded Evolv Technologies from a “sell” rating to a “hold” rating in a report on Sunday, August 30th. Finally, Ladenburg Thalmann & Co. Inc. initiated coverage on Evolv Technologies in a research note on Tuesday, September 8th. They issued a “buy” rating and a $8.00 target price on the stock. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $9.81.

Get Our Latest Research Report on Evolv Technologies

Evolv Technologies Stock Down 6.8%

The firm’s 50 day moving average is $4.68 and its two-hundred day moving average is $5.57. The firm has a market cap of $761.63 million, a P/E ratio of -38.22 and a beta of 1.83. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 0.24.

Evolv Technologies (NASDAQ:EVLV – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). Evolv Technologies had a negative net margin of 10.79% and a negative return on equity of 15.87%. The firm had revenue of $43.75 million for the quarter, compared to analyst estimates of $41.80 million. As a group, research analysts anticipate that Evolv Technologies Holdings, Inc. will post -0.20 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Richard Shapiro purchased 19,100 shares of Evolv Technologies stock in a transaction dated Friday, September 4th. The shares were bought at an average cost of $4.96 per share, with a total value of $94,736.00. Following the completion of the transaction, the director directly owned 39,000 shares in the company, valued at $193,440. This trade represents a 95.98% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 5.20% of the company’s stock.

Institutional Trading of Evolv Technologies

A number of large investors have recently made changes to their positions in the company. Creek Drive Management Group LLC increased its position in shares of Evolv Technologies by 86.0% in the 3rd quarter. Creek Drive Management Group LLC now owns 1,767,000 shares of the company’s stock valued at $8,217,000 after buying an additional 817,000 shares in the last quarter. Ieq Capital LLC grew its stake in Evolv Technologies by 4.5% in the third quarter. Ieq Capital LLC now owns 238,332 shares of the company’s stock valued at $1,108,000 after acquiring an additional 10,369 shares during the period. Stoic Point Capital Management LLC grew its stake in Evolv Technologies by 6.1% in the third quarter. Stoic Point Capital Management LLC now owns 6,875,094 shares of the company’s stock valued at $31,969,000 after acquiring an additional 395,796 shares during the period. Russell Investments Group Ltd. grew its stake in Evolv Technologies by 5.6% in the third quarter. Russell Investments Group Ltd. now owns 121,301 shares of the company’s stock valued at $564,000 after acquiring an additional 6,451 shares during the period. Finally, R Squared Ltd bought a new stake in shares of Evolv Technologies in the third quarter worth about $71,000. Institutional investors own 66.65% of the company’s stock.

Evolv Technologies Company Profile

(Get Free Report)

Evolv Technologies develops security screening systems designed to detect weapons and other threats in public spaces. Its products combine sensors and artificial intelligence to screen people without requiring the same stop-and-check process used by traditional metal detectors. The company’s offerings include Evolv Express, a screening system for people entering venues, and Evolv eXpedite, which is designed to screen bags and other belongings. Evolv also provides software and analytics tools to help customers manage screening operations.