Evolv Technologies Holdings Stock Buy Hold or Sell Recommendation

EVLV Stock  USD 3.45  0.10  2.82%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Evolv Technologies Holdings is 'Strong Sell'. Macroaxis provides Evolv Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVLV positions. The advice algorithm takes into account all of Evolv Technologies' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
4.57
Target Price
7.75
Hype Value
3.57
Market Value
3.45
Naive Value
3.85
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Evolv Technologies Holdings given historical horizon and risk tolerance towards Evolv Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Evolv Technologies Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Evolv Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Evolv and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Evolv Technologies Holdings. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute Evolv Technologies Buy or Sell Advice

The Evolv recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evolv Technologies Holdings. Macroaxis does not own or have any residual interests in Evolv Technologies Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evolv Technologies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Evolv TechnologiesBuy Evolv Technologies
Strong Sell

Market Performance

Very WeakDetails

Volatility

UnstableDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

About AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Evolv Technologies Holdings has a Mean Deviation of 3.61, Standard Deviation of 5.0 and Variance of 24.96
We provide trade advice to complement the prevailing expert consensus on Evolv Technologies. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Evolv Technologies is not overpriced, please confirm all Evolv Technologies fundamentals, including its price to sales, short ratio, net asset, as well as the relationship between the cash per share and market capitalization . Given that Evolv Technologies has a price to earning of 18.93 X, we urge you to verify Evolv Technologies Holdings market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Evolv Technologies Trading Alerts and Improvement Suggestions

Evolv Technologies generated a negative expected return over the last 90 days
Evolv Technologies has high historical volatility and very poor performance
The company reported the previous year's revenue of 80.42 M. Net Loss for the year was (106.25 M) with profit before overhead, payroll, taxes, and interest of 1.73 M.
Evolv Technologies Holdings currently holds about 218.5 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Roughly 18.0% of the company shares are held by company insiders
Latest headline from benzinga.com: Evolv Technologies Crashes After Disclosing SEC Investigation - Hagens Berman

Evolv Technologies Returns Distribution Density

The distribution of Evolv Technologies' historical returns is an attempt to chart the uncertainty of Evolv Technologies' future price movements. The chart of the probability distribution of Evolv Technologies stock daily returns describes the distribution of returns around its average expected value. We use Evolv Technologies Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evolv Technologies returns is essential to provide solid investment advice for Evolv Technologies.
Mean Return
-0.17
Value At Risk
-8.53
Potential Upside
6.73
Standard Deviation
5.00
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evolv Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Evolv Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Evolv Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evolv Technologies Holdings backward and forwards among themselves. Evolv Technologies' institutional investor refers to the entity that pools money to purchase Evolv Technologies' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Rima Management, Llc2023-12-31
1.5 M
D. E. Shaw & Co Lp2023-09-30
1.2 M
Ubs O'connor Llc2023-12-31
956.6 K
Northern Trust Corp2023-12-31
933 K
Voloridge Investment Management, Llc2023-09-30
765.3 K
Yost Capital Management, L.l.c.2023-12-31
743.5 K
Royce & Associates, Lp2023-12-31
697 K
Charles Schwab Investment Management Inc2023-12-31
693 K
Goldman Sachs Group Inc2023-12-31
662.4 K
General Catalyst Group Management, Llc2023-12-31
10.8 M
Data Collective Iv Gp, Llc2023-12-31
9.7 M
Note, although Evolv Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Evolv Technologies Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Evolv Technologies or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Evolv Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Evolv stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.57
β
Beta against NYSE Composite2.92
σ
Overall volatility
4.98
Ir
Information ratio -0.06

Evolv Technologies Volatility Alert

Evolv Technologies Holdings exhibits very low volatility with skewness of -0.67 and kurtosis of 2.24. However, we advise investors to further study Evolv Technologies Holdings technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evolv Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Evolv Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Evolv Technologies Fundamentals Vs Peers

Comparing Evolv Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Evolv Technologies' direct or indirect competition across all of the common fundamentals between Evolv Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evolv Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Evolv Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Evolv Technologies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Evolv Technologies to competition
FundamentalsEvolv TechnologiesPeer Average
Return On Equity-0.57-0.31
Return On Asset-0.17-0.14
Profit Margin(1.32) %(1.27) %
Operating Margin(1.00) %(5.51) %
Current Valuation422.82 M16.62 B
Shares Outstanding152.18 M571.82 M
Shares Owned By Insiders17.84 %10.09 %
Shares Owned By Institutions53.49 %39.21 %
Number Of Shares Shorted7.92 M4.71 M
Price To Earning18.93 X28.72 X
Price To Book3.69 X9.51 X
Price To Sales6.72 X11.42 X
Revenue80.42 M9.43 B
Gross Profit1.73 M27.38 B
EBITDA(78.01 M)3.9 B
Net Income(106.25 M)570.98 M
Cash And Equivalents218.5 M2.7 B
Cash Per Share1.51 X5.01 X
Total Debt1.39 M5.32 B
Debt To Equity0.04 %48.70 %
Current Ratio6.70 X2.16 X
Book Value Per Share0.97 X1.93 K
Cash Flow From Operations(9.8 M)971.22 M
Short Ratio5.62 X4.00 X
Earnings Per Share(0.71) X3.12 X
Price To Earnings To Growth(0.03) X4.89 X
Target Price7.08
Number Of Employees29318.84 K
Beta1.36-0.15
Market Capitalization540.25 M19.03 B
Total Asset298.72 M29.47 B
Retained Earnings(298.46 M)9.33 B
Working Capital93.8 M1.48 B
Note: Disposition of 143252 shares by Peter George of Evolv Technologies subject to Rule 16b-3 [view details]

Evolv Technologies Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evolv . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Evolv Technologies Buy or Sell Advice

When is the right time to buy or sell Evolv Technologies Holdings? Buying financial instruments such as Evolv Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total9.9M31.7M1.4M1.3M
Total Assets363.1M348.3M298.7M232.3M

Use Investing Ideas to Build Portfolios

In addition to having Evolv Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
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When determining whether Evolv Technologies is a strong investment it is important to analyze Evolv Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evolv Technologies' future performance. For an informed investment choice regarding Evolv Stock, refer to the following important reports:
Check out Evolv Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Is Evolv Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evolv Technologies. If investors know Evolv will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evolv Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
0.539
Quarterly Revenue Growth
0.045
Return On Assets
(0.17)
Return On Equity
(0.57)
The market value of Evolv Technologies is measured differently than its book value, which is the value of Evolv that is recorded on the company's balance sheet. Investors also form their own opinion of Evolv Technologies' value that differs from its market value or its book value, called intrinsic value, which is Evolv Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evolv Technologies' market value can be influenced by many factors that don't directly affect Evolv Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evolv Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolv Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolv Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.