Added to YB: 2026-10-15
Pitch date: 2026-10-13
EVLV [bearish]
Evolv Technologies Holdings, Inc.
+3.57%
current return
Author Info
No bio for this author
Company Info
Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally.
Market Cap
$782.5M
Pitch Price
$4.20
Price Target
3.00 (-30%)
Dividend
N/A
EV/EBITDA
-309.76
P/E
-145.79
EV/Sales
4.44
Sector
Electronic Equipment, Instruments and Components
Category
value
Evolv: The High Cost of Adjusted EBITDA
EVLV (bearish): Evolv’s adjusted profitability masks an estimated ~$40M real loss, or -$0.20/share, after stock compensation, fleet wear and other costs. ARR growth has slowed to 20%, gross margin fell from 58% to 50%, and competitive pressure could intensify as school contracts renew in 2026–27. Failure to scale margins implies a sub-$3 target, while a bullish 25% growth and margin-expansion scenario yields only ~$4.50/share, around the current price.
Read full article (2 min)