Evolv Technologies

EVLV

Market cap $1.09B

As 2026 unfolds with mega-cap stocks still dominating, there are several smaller companies capable of turning modest investments into multi-million-dollar returns over the coming years.

According to a recent Form 4, the CEO of Evolv Technologies sold 74,322 shares of the company's stock for about $522,483.66. This disposition represented 34.57% of Kedzierski's direct holdings, reducing direct ownership, as reported, from 215,000 to 140,678 shares.

The CEO recently reported a 74,322 share sale. This sale represented 34.6% of Kedzierski's direct holdings.

For investors bearish on artificial intelligence, watching the market action in 2025 had to feel like watching a zombie apocalypse movie. There were so many moments this year when it seemed the AI bull market was cooked, only to rise again like the undead and move forward with its insatiable thirst for more capital.

The Russell 2000 is ending the year on a strong note. As of Dec. 18, the small cap index is up about 11% for the year.

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced that its flagship product, Evolv Express®, has been deployed at Pechanga Arena San Diego (“PASD”), the premier multi-purpose sports and entertainment venue located in downtown San Diego, California. Express uses advanced sensor technology and AI to detect concealed threats and identify the per.

The mean of analysts' price targets for Evolv Technologies (EVLV) points to a 45.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here is how Evolv Technologies Holdings, Inc. (EVLV) and Flex (FLEX) have performed compared to their sector so far this year.

Evolv Technologies has made a strategic shift in its go-to-market model, which will likely give a boost to its ARR and cash flow generation. OPEX appears to be well-controlled, and EVLV is on course to generate positive EBITDA for the first time this year, with EBITDA margins poised to expand to double digits two years on. Evolv is adding customers at a consistently healthy pace while also seeing renewal to their next-gen versions of their products, resulting in meaningful RPO expansion.

Mittelman purchased 1,511,866 shares, increasing portfolio by $11,414,588 based on average quarterly pricing. The move represents a position equal to 7.47% of reportable assets under management (AUM).