Q3 Earnings Estimate for EVLV Issued By Northland Securities

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) – Equities researchers at Northland Securities cut their Q3 2026 earnings per share (EPS) estimates for Evolv Technologies in a research note issued to investors on Wednesday, August 12th. Northland Securities analyst M. Latimore now forecasts that the company will earn ($0.06) per share for the quarter, down from their previous forecast of ($0.05). The consensus estimate for Evolv Technologies’ current full-year earnings is ($0.20) per share. Northland Securities also issued estimates for Evolv Technologies’ Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.20) EPS, Q1 2027 earnings at ($0.06) EPS, Q2 2027 earnings at ($0.05) EPS, Q3 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.20) EPS.

Evolv Technologies (NASDAQ:EVLV) last released its earnings results on Tuesday, August 11th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). The firm had revenue of $43.75 million for the quarter, compared to analyst estimates of $41.80 million. Evolv Technologies had a negative net margin of 3.05% and a negative return on equity of 4.53%.

A number of other brokerages also recently weighed in on EVLV. Zacks Research downgraded shares of Evolv Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. TD Cowen reaffirmed a “buy” rating and set a $10.00 price target on shares of Evolv Technologies in a research report on Tuesday, June 9th. Weiss Ratings upgraded Evolv Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. Wall Street Zen downgraded Evolv Technologies from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Craig Hallum reissued a “buy” rating and issued a $11.25 price objective on shares of Evolv Technologies in a research report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $10.42.

Evolv Technologies Trading Up 0.6%

NASDAQ:EVLV opened at $5.28 on Monday. The firm’s fifty day moving average is $5.71 and its 200-day moving average is $5.88. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.11 and a current ratio of 1.18. Evolv Technologies has a 52 week low of $4.86 and a 52 week high of $8.81. The firm has a market cap of $956.37 million, a P/E ratio of -176.00 and a beta of 1.80.

Institutional Trading of Evolv Technologies

Several large investors have recently modified their holdings of the stock. IFC & Insurance Marketing Inc. acquired a new position in shares of Evolv Technologies during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its holdings in Evolv Technologies by 471.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,806 shares of the company’s stock worth $49,000 after purchasing an additional 5,614 shares during the period. FNY Investment Advisers LLC increased its stake in Evolv Technologies by 33.3% in the second quarter. FNY Investment Advisers LLC now owns 10,000 shares of the company’s stock valued at $58,000 after purchasing an additional 2,500 shares in the last quarter. AlphaCore Capital LLC bought a new stake in Evolv Technologies in the fourth quarter valued at $72,000. Finally, Cibc World Markets Corp acquired a new position in shares of Evolv Technologies during the fourth quarter valued at about $72,000. Institutional investors and hedge funds own 66.65% of the company’s stock.

Evolv Technologies Company Profile

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.