
EVLV Stock Forecast & Price Target
EVLV Analyst Ratings
Bulls say
Evolv Technologies Holdings Inc. has demonstrated robust growth with a 29% year-over-year revenue increase, reaching a total of $32.5 million, which was ahead of market expectations. The company has successfully expanded its customer base, adding 20 new Expedite customers since the fourth quarter of 2024 and securing approximately 100 new system orders in the second quarter of 2025. By pivoting towards a direct fulfillment subscription model that retains equipment ownership, Evolv aims to enhance its revenue streams, cash flow, and annual recurring revenue (ARR), setting the stage for sustained financial performance.
Bears say
Evolv Technologies Holdings Inc faces several significant risks that contribute to a negative outlook on its stock, including the potential slowdown in unit growth, which could adversely impact revenue growth and delay achieving positive free cash flow. There are concerns regarding the effectiveness of go-to-market investments, potential manufacturing challenges hindering unit deployments, and the looming threat of violence at locations utilizing their systems due to undetected threats. Additionally, increasing competition and macroeconomic conditions that may lead customers to postpone purchasing decisions further exacerbate these financial uncertainties.
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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