Evolv Technologies (NASDAQ:EVLV) Sets New 12-Month Low – Should You Sell?

07 Oct 2026, 04:01 by Jessica Moore · The Cerbat Gem

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV – Get Free Report)’s stock price hit a new 52-week low during trading on Monday. The company traded as low as $4.55 and last traded at $4.5480, with a volume of 3844 shares traded. The stock had previously closed at $4.57.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Craig Hallum reaffirmed a “buy” rating and issued a $11.25 price objective on shares of Evolv Technologies in a research report on Wednesday, August 12th. TD Cowen reissued a “buy” rating and issued a $10.00 price target on shares of Evolv Technologies in a research note on Tuesday, June 9th. Weiss Ratings restated 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 THALM/SH SH began coverage on Evolv Technologies in a research report on Tuesday, September 8th. They set a “buy” rating and a $8.00 price objective for the company. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $9.81.

Get Our Latest Analysis on Evolv Technologies

Evolv Technologies Price Performance

The firm has a market cap of $847.67 million, a price-to-earnings ratio of -156.00 and a beta of 1.75. The company’s fifty day moving average is $5.23 and its 200 day moving average is $5.79. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 0.24.

Evolv Technologies (NASDAQ:EVLV – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). Evolv Technologies had a negative net margin of 3.05% and a negative return on equity of 4.53%. The business had revenue of $43.75 million during the quarter, compared to analyst estimates of $41.80 million. On average, equities research analysts predict that Evolv Technologies Holdings, Inc. will post -0.2 EPS for the current year.

Insider Buying and Selling at Evolv Technologies

In related news, Director Richard Shapiro bought 19,100 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were acquired at an average price of $4.96 per share, with a total value of $94,736.00. Following the completion of the transaction, the director owned 39,000 shares in the company, valued at $193,440. The trade was a 95.98% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Peregrine Capital Management LLC bought a new stake in shares of Evolv Technologies in the 1st quarter valued at about $9,722,000. BNP Paribas Financial Markets grew its holdings in Evolv Technologies by 118.5% during the fourth quarter. BNP Paribas Financial Markets now owns 1,407,644 shares of the company’s stock worth $10,079,000 after purchasing an additional 763,412 shares during the period. Manatuck Hill Partners LLC bought a new position in Evolv Technologies during the fourth quarter worth about $4,296,000. Bank of America Corp DE increased its position in Evolv Technologies by 320.0% during the first quarter. Bank of America Corp DE now owns 677,944 shares of the company’s stock worth $4,102,000 after buying an additional 516,523 shares during the last quarter. Finally, Militia Capital Management LLC acquired a new position in Evolv Technologies during the first quarter worth approximately $2,722,000. 66.65% of the stock is owned by institutional investors and hedge funds.

About Evolv Technologies

(Get Free Report)

Evolv Technologies develops artificial intelligence-powered security screening systems designed to detect weapons and other threats while allowing people to move through checkpoints without routinely removing personal belongings. Its technology is intended to help security teams improve protection and reduce congestion compared with traditional screening methods.