Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Evolv Technologies Holdings, Inc. delivers sophisticated, artificial intelligence (AI)-powered, hands-free security screening technologies. Among its core offerings is Evolv Express, a contactless security system designed to pinpoint firearms, improvised explosive devices (IEDs), and tactical knives, enabling individuals to proceed through checkpoints without altering their pace. The company also provides Evolv Insights, a platform offering self-serve analytics on visitor flow, arrival curves, site-specific performance, system detection accuracy, and alarm statistics. Furthermore, Evolv Edge is available, capable of identifying both non-metallic and traditional explosive devices, firearms, and tactical knives, all without requiring visitors to divest items or empty their pockets. The company's principal operations are based in Waltham, Massachusetts.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of EVLV is 10 and suggests 70% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase