Evolv Technologies
EVLV
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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 21
118% more capital invested
Capital invested by funds: $241M [Q1] → $525M (+$284M) [Q2]
17% more funds holding
Funds holding: 181 [Q1] → 212 (+31) [Q2]
2.29% more ownership
Funds ownership: 49.13% [Q1] → 51.41% (+2.29%) [Q2]
3% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $11.8M
23% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 61
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
|
Lake Street
Eric Martinuzzi
|
$9
|
Buy
Upgraded
|
15 Aug 2025 |
|
Cantor Fitzgerald
Brett Knoblauch
|
$9
|
Overweight
Maintained
|
15 Aug 2025 |
|
TD Cowen
Shaul Eyal
|
$10
|
Buy
Reinstated
|
15 Aug 2025 |
Financial journalist opinion
Based on 3 articles about EVLV published over the past 30 days
