EVLV 1W

139
EVLV — a rectangle pattern has formed, and the 100 MA has crossed above the 200 MA, signaling the start of a potential trend reversal. Targets: $8.29 and $12.94.
As of May 2025, the fundamental outlook for Evolv Technologies Holdings Inc. (ticker: EVLV) is as follows:
The company continues to show strong revenue growth and improving key financial metrics, despite remaining unprofitable. Revenue for 2024 reached $103.9 million, up 31% from 2023, while the net loss was halved to $54 million. EBITDA improved to -$21 million from -$51.8 million the year before. Annual recurring revenue (ARR) grew by 39% to $99.4 million. The company maintains a strong financial position with $51.9 million in cash and zero debt.
The stock is currently trading at $4.44, above its estimated intrinsic value of $2.76 according to AlphaSpread. Analysts remain optimistic, giving EVLV a “Strong Buy” rating and forecasting an average price target of $5.31, suggesting about 19.6% upside potential.
However, investors should keep in mind that the company is still unprofitable, and the current market valuation exceeds its fundamental value.
Trade active
deal is active targets $8.29 and $12.94.

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