Evolv TechnologiesEVLV
About: Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. It offers products for purchase under a multi-year security-as-a-service subscription pricing model that delivers ongoing value to customers, generates predictable revenue, and creates expansion and upsell opportunities. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.
Employees: 287
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
1% more funds holding
Funds holding: 182 [Q4 2024] → 183 (+1) [Q1 2025]
6% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 50
1.36% less ownership
Funds ownership: 50.5% [Q4 2024] → 49.14% (-1.36%) [Q1 2025]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 4 (-1) [Q1 2025]
23% less capital invested
Capital invested by funds: $314M [Q4 2024] → $241M (-$72.6M) [Q1 2025]
33% less call options, than puts
Call options by funds: $2.69M | Put options by funds: $3.99M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Northland Capital Markets Michael Latimore | 49%upside $7.50 | Outperform Upgraded | 21 May 2025 |
Lake Street Eric Martinuzzi | 9%upside $5.50 | Hold Maintained | 21 May 2025 |
Financial journalist opinion
Based on 18 articles about EVLV published over the past 30 days









