Evolv Technologies Holdings, Inc. (EVLV)

Industrials · NCM

$4.65-1.27% today

Price as at 1 Oct 2026, 11:32 UTC. Quotes are delayed.

Fundamentals

Market cap$998.29M
Revenue growth (YoY)+44.7%
Profit margin-22.8%
Return on equity-30.2%
52-week range$4.61 to $8.81

Valuation and ratings

Fair value estimate$2.22
Upside to fair value-52.3%
Analyst target (mean)$10.13
Analyst range$10.00 to $10.50
Analysts with price targets4
Consensus viewnone
Moat score38/100
Overall rating20/100, very low quality

Fair value: $2.22 (-52.3%), see how we got there

Evolv Technologies Holdings, Inc. trades at $4.65, which is 52% above the $2.22 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 38 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

EVLV earnings and analyst estimates

EPS estimate, next year-$0.03
Expected EPS growth+52.6%
Expected revenue growth+18.1%

Recommendation mix, 4 published ratings

4 buy0 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Evolv Technologies Holdings, Inc.

Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.

Industry: Security & Protection ServicesEmployees: 286HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

EVLV passes 2 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

EVLV peers

The largest companies in the same industry (Security & Protection Services), then in the same sector.

Every industrials company we cover is on the Industrials hub.

Common questions

Is Evolv Technologies Holdings, Inc. (EVLV) undervalued?

Against our fair value estimate of $2.22, EVLV at $4.65 is 52% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own EVLV?

12 of the institutions we track reported a position in EVLV in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

Where does SteadyShares get its EVLV data?

Fundamentals for EVLV come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 11:32 UTC and is delayed. Our data quality score for this company is 83/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for EVLV, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.