
EVLV Stock Forecast & Price Target
EVLV Analyst Ratings
Bulls say
Evolv Technologies Holdings Inc has demonstrated a robust financial performance, reporting total revenue of $32.5 million, which reflects a year-over-year growth of 29%, surpassing both Cantor's estimates and the broader market expectations. The company has successfully expanded its customer base by acquiring 20 new Expedite customers since the fourth quarter of 2024 and processing approximately 100 new system orders in the second quarter of 2025. Additionally, Evolv is strategically shifting its go-to-market focus toward a direct fulfillment subscription model, expected to enhance revenue, improve cash flow, and increase annual recurring revenue metrics significantly.
Bears say
Evolv Technologies Holdings Inc exhibits a negative financial outlook due to several key risks, including a potential slowdown in unit growth that could hinder revenue expansion and delay the path to positive free cash flow (FCF). Concerns also arise from the possibility of ineffective go-to-market strategies, manufacturing challenges that could limit deployment capabilities, and the threat of competition from established and emerging rivals. Furthermore, adverse macroeconomic conditions may lead customers to postpone purchasing decisions, and any inaccuracies in previously reported financials could significantly impact investor confidence.
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
Start investing in EVLV
Order type
Buy in
Order amount
Est. shares
0 shares