Analysts Set Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Price Target at $10.42

Posted by Geri Gentry on Sep 13th, 2026

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV – Get Free Report) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $9.8125.

A number of research firms recently issued reports on EVLV. Weiss Ratings upgraded Evolv Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 2nd. TD Cowen reissued a “buy” rating and set a $10.00 price target on shares of Evolv Technologies in a report on Tuesday, June 9th. Craig Hallum restated a “buy” rating and set a $11.25 price target on shares of Evolv Technologies in a research report on Wednesday, August 12th. Wall Street Zen raised shares of Evolv Technologies from a “sell” rating to a “hold” rating in a report on Sunday, August 30th. Finally, LADENBURG THALM/SH SH assumed coverage on shares of Evolv Technologies in a research report on Tuesday, September 8th. They issued a “buy” rating and a $8.00 price objective on the stock.

Get Our Latest Report on Evolv Technologies

Evolv Technologies Price Performance

Shares of NASDAQ EVLV opened at $4.95 on Friday. The company has a market capitalization of $896.59 million, a price-to-earnings ratio of -165.00 and a beta of 1.80. Evolv Technologies has a twelve month low of $4.86 and a twelve month high of $8.81. The business has a 50 day simple moving average of $5.55 and a 200-day simple moving average of $5.84. 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 posted its quarterly earnings results 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 return on equity of 4.53% and a negative net margin of 3.05%.The business had revenue of $43.75 million during the quarter, compared to the consensus estimate of $41.80 million. As a group, equities research analysts expect that Evolv Technologies will post -0.2 earnings per share for the current year.

Insider Activity at Evolv Technologies

In other Evolv Technologies news, Director Richard Shapiro purchased 19,100 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were bought at an average price of $4.96 per share, with a total value of $94,736.00. Following the completion of the acquisition, the director owned 39,000 shares in the company, valued at approximately $193,440. This represents a 95.98% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.20% of the company’s stock.

Institutional Trading of Evolv Technologies

Several large investors have recently added to or reduced their stakes in the business. IFC & Insurance Marketing Inc. bought a new position in shares of Evolv Technologies in the fourth quarter worth $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Evolv Technologies by 471.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,806 shares of the company’s stock worth $49,000 after purchasing an additional 5,614 shares in the last quarter. FNY Investment Advisers LLC boosted its stake in Evolv Technologies by 33.3% during the 2nd quarter. FNY Investment Advisers LLC now owns 10,000 shares of the company’s stock valued at $58,000 after purchasing an additional 2,500 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Evolv Technologies during the 2nd quarter valued at $63,000. Finally, AlphaCore Capital LLC acquired a new stake in shares of Evolv Technologies in the fourth quarter valued at $72,000. 66.65% of the stock is currently owned by institutional investors and hedge funds.

Evolv Technologies Company Profile

(Get Free Report)

Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues.

The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets.