--- title: "Evolv Technologies (NASDAQ:EVLV) Shares Down 5.4% After Earnings Miss" type: "News" locale: "en" url: "https://longbridge.com/en/news/295680628.md" description: "Evolv Technologies (NASDAQ:EVLV) shares fell 5.4% after reporting a Q1 EPS miss of ($0.05) versus the estimated ($0.03), despite revenue beating consensus at $43.75 million. The company posted negative return on equity and net margin. While institutional investors like Vanguard and Millennium increased holdings, analyst ratings remain mixed with an average 'Hold' rating and a consensus price target of $9.67." datetime: "2026-08-12T14:40:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295680628.md) - [en](https://longbridge.com/en/news/295680628.md) - [zh-HK](https://longbridge.com/zh-HK/news/295680628.md) --- # Evolv Technologies (NASDAQ:EVLV) Shares Down 5.4% After Earnings Miss Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report)'s stock price was down 5.4% during mid-day trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $5.70 and last traded at $5.7050. Approximately 944,322 shares were traded during mid-day trading, a decline of 65% from the average session volume of 2,726,520 shares. The stock had previously closed at $6.03. Get **Evolv Technologies** alerts: - 3 Obscure Sectors Where Institutions Are Quietly Loading Up on Shares The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). Evolv Technologies had a negative return on equity of 33.53% and a negative net margin of 22.75%.The firm had revenue of $43.75 million during the quarter, compared to the consensus estimate of $41.80 million. ## Wall Street Analyst Weigh In EVLV has been the subject of several research analyst reports. TD Cowen reiterated a "buy" rating and issued a $10.00 price objective on shares of Evolv Technologies in a report on Tuesday, June 9th. Weiss Ratings upgraded Evolv Technologies from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Thursday, July 2nd. Finally, Zacks Research downgraded Evolv Technologies from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $9.67. - MarketBeat Week in Review – 03/09 - 03/13 **View Our Latest Report on Evolv Technologies** ## Hedge Funds Weigh In On Evolv Technologies Hedge funds have recently made changes to their positions in the business. Stoic Point Capital Management LLC bought a new position in Evolv Technologies in the 4th quarter worth approximately $40,724,000. Millennium Management LLC lifted its holdings in shares of Evolv Technologies by 194.6% in the third quarter. Millennium Management LLC now owns 4,187,604 shares of the company's stock worth $31,616,000 after buying an additional 2,766,335 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Evolv Technologies by 15.0% during the fourth quarter. Vanguard Group Inc. now owns 13,784,926 shares of the company's stock worth $98,700,000 after acquiring an additional 1,802,928 shares during the last quarter. Peregrine Capital Management LLC bought a new position in shares of Evolv Technologies during the first quarter worth $9,722,000. Finally, Mittelman Wealth Management purchased a new position in Evolv Technologies during the third quarter valued at $11,415,000. Institutional investors own 66.65% of the company's stock. ## Evolv Technologies Stock Down 5.4% - Evolv Technologies Just Sent a Strong Signal on AI Security Demand The company has a quick ratio of 1.14, a current ratio of 1.21 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $1.03 billion, a PE ratio of -24.80 and a beta of 1.80. The company's 50 day moving average is $5.82 and its two-hundred day moving average is $5.93. ## About Evolv Technologies (Get Free Report) Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues. The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets. ## Further Reading - Five stocks we like better than Evolv Technologies - Tesla's Robotaxi Reality Check: Time to Deliver - Hims & Hers’ Revenue Beat Came With a Profitability Problem - A Westinghouse IPO Could Reset the Nuclear Stock Conversation - Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Evolv Technologies Right Now? Before you consider Evolv Technologies, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evolv Technologies wasn't on the list. While Evolv Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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