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Evolv Technologies Holdings Inc has a consensus price target of $5.57 based on the ratings of 7 analysts. The high is $8 issued by Cantor Fitzgerald on March 28, 2024. The low is $2.75 issued by Lake Street on October 28, 2024. The 3 most-recent analyst ratings were released by Lake Street, Northland Capital Markets, and Craig-Hallum on October 28, 2024, August 12, 2024, and May 20, 2024, respectively. With an average price target of $4.67 between Lake Street, Northland Capital Markets, and Craig-Hallum, there's an implied 52.98% upside for Evolv Technologies Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Evolv Technologies (NASDAQ:EVLV) was reported by Lake Street on October 28, 2024. The analyst firm set a price target for $2.75 expecting EVLV to fall to within 12 months (a possible -9.85% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Evolv Technologies (NASDAQ:EVLV) was provided by Lake Street, and Evolv Technologies maintained their hold rating.
There is no last upgrade for Evolv Technologies
The last downgrade for Evolv Technologies Holdings Inc happened on May 10, 2024 when Lake Street changed their price target from $6 to $3.5 for Evolv Technologies Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Evolv Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Evolv Technologies was filed on October 28, 2024 so you should expect the next rating to be made available sometime around October 28, 2025.
While ratings are subjective and will change, the latest Evolv Technologies (EVLV) rating was a maintained with a price target of $3.50 to $2.75. The current price Evolv Technologies (EVLV) is trading at is $3.05, which is out of the analyst’s predicted range.
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