Latest news with #EvolvTechnologies
Yahoo
30-05-2025
- Business
- Yahoo
All You Need to Know About Evolv Technologies (EVLV) Rating Upgrade to Buy
Evolv Technologies Holdings, Inc. (EVLV) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time. Therefore, the Zacks rating upgrade for Evolv Technologies basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Evolv Technologies imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. This company is expected to earn -$0.23 per share for the fiscal year ending December 2025, which represents a year-over-year change of 32.4%. Analysts have been steadily raising their estimates for Evolv Technologies. Over the past three months, the Zacks Consensus Estimate for the company has increased 14.8%. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of Evolv Technologies to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Evolv Technologies Holdings, Inc. (EVLV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Evolv Technologies Holdings, Inc. (EVLV): A Bull Case Theory
We came across a bullish thesis on Evolv Technologies Holdings, Inc on Substack by Multibagger Monitor. In this article, we will summarize the bulls' thesis on EVLV. Evolv Technologies Holdings, Inc. (EVLV)'s share was trading at $6.01 as of 22nd May. Africa Studio/ Evolv Technologies Holdings, Inc stands out as a compelling investment opportunity in 2025, poised at the intersection of AI innovation and physical security. The company is executing a focused turnaround strategy, targeting positive free cash flow in the next 12 months and projecting over 40% growth in annual recurring revenue (ARR). Evolv's AI-based security screening technology is transforming how people are protected in high-traffic public venues, and its traction in sectors like education, stadiums, and healthcare demonstrates growing demand for smarter, faster, and non-invasive security solutions. As the clear leader in a market largely untouched by modern software and AI, Evolv benefits from strong network effects—the more customers use the platform, the better its AI becomes. This makes it harder for new entrants to compete and strengthens the company's moat. Despite selling off from its previous highs, Evolv is transitioning into a cash-generative business. Management is cutting costs, optimizing cash flow, and focusing on higher-margin deals, signaling discipline and operational maturity. As of now, over 50% of its customers are multi-unit deals, indicating trust and product satisfaction. Importantly, the company has a razor-blade business model—hardware installations lead to recurring software and service revenue, which fuels long-term margin expansion. The current market underappreciates Evolv's runway. With a unique product in a critical sector, high visibility into future revenue, and a push towards profitability, Evolv is trading well below its intrinsic value. For long-term investors, this represents a rare opportunity to enter a high-growth business before the broader market fully re-rates it. Evolv Technologies Holdings, Inc. (EVLV) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 19 hedge fund portfolios held EVLV at the end of the fourth quarter which was 18 in the previous quarter. While we acknowledge the risk and potential of EVLV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than EVLV but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Mayor
09-05-2025
- Business
- Business Mayor
Rahway schools deploy Evolv AI security tech
Rahway Public Schools in New Jersey, USA has implemented Evolv Technology's AI-powered screening systems to enhance on-site security across its facilities. The district has deployed Evolv Express and Evolv eXpedite at gymnasium and performing arts entrances to support real-time threat detection without requiring students to remove items from their bags during entry. Evolv Technologies, which supplies the systems, focuses on security screening using artificial intelligence and data analytics. The company's tools are used in schools, healthcare, and public venues. The eXpedite platform, introduced in late 2024, works in conjunction with Evolv Express to help automate screening procedures while minimizing disruption at school entry points. Rahway is the first district in New Jersey to implement the combined Evolv setup. Administrators say the decision was based on balancing detection capabilities with the need to maintain a smooth and welcoming entry process. Dr. Shoieb, Superintendent of Rahway Public Schools, says: 'Our top priority is the safety and well-being of our staff, students, and families. With Evolv, we are able to screen students efficiently without compromising their sense of security or disrupting their day. We're proud to be the first school district in New Jersey to implement the eXpedite solution in combination with Express to help detect threats without putting an excess burden on our staff.' Dean Marcantonio, Director of Safety and Security for the district, adds: 'The integration of Evolv's systems is a game-changer for how we think about securing our schools.' The company has continued to expand its footprint in the K–12 sector as part of a broader push into public institutions. Evolv says the tools are designed to streamline entrance operations while supporting safer school environments. John Kedzierski, President and Chief Executive Officer of Evolv Technology, says: 'We are honored to support Rahway Public Schools in their commitment to student safety. Since Evolv eXpedite's launch in September 2024, we have seen momentum among customers who have begun to add the system into their layered safety plan. Rahway is setting the standard for how schools can use innovative technology to provide an efficient and welcoming environment for learning.'