Evolv TechnologiesEVLV
About: Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. It offers products for purchase and primarily under a multi-year security-as-a-service subscription pricing model that delivers ongoing value to customers, generates predictable revenue, and creates expansion and upsell opportunities. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.
Employees: 293
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
63% more capital invested
Capital invested by funds: $214M [Q2] → $349M (+$135M) [Q3]
43% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 37
25% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]
10% more funds holding
Funds holding: 161 [Q2] → 177 (+16) [Q3]
0.99% more ownership
Funds ownership: 53.75% [Q2] → 54.74% (+0.99%) [Q3]
6% less call options, than puts
Call options by funds: $5.6M | Put options by funds: $5.94M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Lake Street Eric Martinuzzi 69% 1-year accuracy 9 / 13 met price target | 20%downside $2.75 | Hold Maintained | 28 Oct 2024 |
Financial journalist opinion
Based on 336 articles about EVLV published over the past 30 days
