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Multi-Year Contracts With Public Schools And Hospitals Will Expand Markets

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EVLV
AnalystConsensusTarget
Not Invested
Published 01 Jun 2025

Update shared on16 Aug 2025

Fair value Increased 32%
AnalystConsensusTarget's Fair Value
US$9.50
11.9% undervalued intrinsic discount
16 Aug
US$8.37
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1Y
105.7%
7D
8.0%

The analyst price target for Evolv Technologies Holdings has been raised significantly, driven by a Q2 earnings beat, upgraded FY25 revenue guidance, improved business outlook following regulatory clarity and management changes, as well as momentum across key industry verticals, lifting the consensus fair value from $7.19 to $9.50.


Analyst Commentary


  • Q2 earnings beat on both revenue and AEBITDA, leading to upgraded financial forecasts for FY25.
  • Increased FY25 revenue guidance, with estimates raised from $126M to $133M, indicating stronger business outlook.
  • Likelihood of continued strong bookings in Q3, contributing to positive sentiment.
  • Diminishing regulatory overhang following completion of company statements and changes in management, creating a more favorable business environment.
  • Momentum and strengthening tailwinds observed across major industry verticals.

What's in the News


  • Raised 2025 revenue guidance to $132 million–$135 million from previous $125 million–$130 million, anticipating 27%–30% year-over-year growth.
  • Renewed Evolv Express® subscription agreement with Major League Soccer's Columbus Crew, covering all stadium entrances and supporting over 2.1 million guest screenings to date.
  • By Q1 2025, about half of new business from existing customers; 12 US professional soccer teams and nearly 100 global sports and entertainment venues now use Evolv systems.
  • Initial 2025 guidance projected revenues of $125 million–$130 million, up 20%–25% year-over-year, with an emphasis on operational efficiency for improved profitability and cash flow.

Valuation Changes


Summary of Valuation Changes for Evolv Technologies Holdings

  • The Consensus Analyst Price Target has significantly risen from $7.19 to $9.50.
  • The Future P/E for Evolv Technologies Holdings has significantly risen from 101.02x to 135.28x.
  • The Consensus Revenue Growth forecasts for Evolv Technologies Holdings has significantly risen from 17.6% per annum to 19.8% per annum.

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.