Evolv Technologies Stock Target Price and Analyst Consensus

EVLV Stock  USD 4.05  0.13  3.32%   
The current analyst and expert consensus on Evolv Technologies is Buy, with only one strong buy opinion. The current projected Evolv Technologies target price consensus is 7.75 with 3 analyst opinions. Check out Macroaxis Advice on Evolv Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Evolv Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Evolv Technologies executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Evolv Technologies. We encourage you to use your own analysis of Evolv Technologies to validate this buy or sell advice. Evolv Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Evolv Technologies target price to derive its highest and lowest estimates based on projected price volatility of 6.8761.
Lowest Forecast
7.05
Highest Forecast
8.6
Target Price
7.75
At this time, Evolv Technologies' Gross Profit is fairly stable compared to the past year. Gross Profit Margin is likely to climb to 0.44 in 2024, whereas Pretax Profit Margin is likely to drop (1.39) in 2024. At this time, Evolv Technologies' Total Current Assets are fairly stable compared to the past year. Capital Stock is likely to climb to about 14.9 K in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.3 M in 2024.
  
It's important to approach Evolv Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Evolv Technologies price targets

Evolv Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Evolv Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Evolv Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Evolv Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Evolv Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Evolv Technologies is a key component of Evolv Technologies valuation and have some predictive power on the future returns of a Evolv Technologies.
Hype
Prediction
LowEstimatedHigh
0.204.0910.97
Details
Intrinsic
Valuation
LowRealHigh
0.244.7411.62
Details
Naive
Forecast
LowNextHigh
0.14.7911.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.07-0.06-0.06
Details

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Additional Tools for Evolv Stock Analysis

When running Evolv Technologies' price analysis, check to measure Evolv Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.