GET DAILY SIGNALSEvolv Technologies (EVLV) Analyst Target at $9.40 Suggests +108% Upside Potential
Key Takeaways
- The central stock price target of $9.40 is the arithmetic mean of five verified analyst price targets, which range from $8.00 to $10.00.
- With shares near $4.51, reaching $9.40 would require a gain of roughly 108%, a very large move from current levels.
- The analyst consensus on EVLV is a "Strong Buy," though coverage is thin and several firms trimmed targets following the November 2026 earnings report.
- Bullish drivers include raised 2026 revenue guidance, recurring subscription revenue growth, and expansion into schools, hospitals, and sports venues.
- Key risks include persistent GAAP losses, recent target cuts, insider selling, and competition in AI-based weapons detection.
- Readers can find more detail on Major News, Today's Price Move, the Forecast, and Earnings pages for this ticker.
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Analyst Price Targets and Consensus View
Evolv Technologies Holdings, Inc. (EVLV) develops artificial-intelligence-based weapons detection and security screening systems for schools, hospitals, stadiums, workplaces, and other public venues. The $9.40 central target reflects five current analyst price targets. Craig-Hallum, TD Cowen (Shaul Eyal), and Lake Street (Eric Martinuzzi) each carry a $10.00 target, Northland Securities (Michael Latimore) stands at $9.00, and Ladenburg Thalmann, which initiated coverage in September 2026, sits at $8.00. The mean of these five figures is $9.40, with a low-to-high range of $8.00 to $10.00.
The range is relatively tight, and all five firms rate the stock Buy or equivalent, producing a "Strong Buy" consensus. However, the most recent actions reflect some caution: Northland trimmed its target from $10 to $9 and Craig-Hallum from $11 to $10 in November 2026. Analysts generally cite improving fundamentals, recurring revenue momentum, and a valuation they view as disconnected from the company's growth story. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Current Market Position and Path Toward the Target
Shares closed near $4.51 in mid-November 2026, down about 37% year-to-date and trading near the low end of a 52-week range of $4.02 to $7.48. Reaching the $9.40 average analyst price target would require a gain of approximately 108% — a very large move that would also carry the stock above its prior 52-week high.
The company is not yet profitable on a GAAP basis, reporting negative earnings per share (EPS) over the trailing twelve months, with trailing-twelve-month revenue of roughly $171 million. Management has raised 2026 revenue guidance to a range of $172 million to $178 million, and the business is shifting toward direct subscriptions, which analysts view as supporting recurring revenue and, over time, margin expansion. The path toward the target would likely depend on sustained revenue growth, continued customer wins, and progress toward profitability rather than a single catalyst.
What Could Support a Move Toward the Target
- Raised 2026 revenue guidance and a second-quarter 2026 earnings beat signal improving execution.
- Growth in recurring subscription and annual recurring revenue (ARR) as the company shifts from channel sales to direct contracts.
- New and renewed venue and institutional customers, including schools, hospitals, and major sports and entertainment arenas.
- Resolution of prior legal and regulatory overhangs, including the termination of a Department of Justice investigation, removing uncertainty.
- Long-term demand for AI-based weapons detection as organizations seek faster, less intrusive security screening.
What Could Prevent the Target From Being Reached
- The company remains unprofitable on a GAAP basis, leaving no meaningful P/E (price-to-earnings) ratio to anchor valuation.
- Recent analyst target reductions suggest some near-term concerns, potentially around growth pacing or profitability.
- Insider selling and a high beta (roughly 1.8) point to volatility and mixed internal confidence signals.
- Competition from traditional metal detectors and other AI-screening providers could pressure pricing and adoption.
- Large, multi-year public-sector contracts can be lumpy, making quarterly revenue timing uneven.
Technical Levels and Market Structure
The stock's 52-week range of $4.02 to $7.48 frames the technical picture. The $4.02 area marks a key support level, while $7.48 represents a significant resistance level from the December 2025 high. A sustained move toward the $9.40 target would require breaking decisively above that prior high and then clearing the psychologically important $10.00 round-number level. The current downtrend from late 2025 leaves the stock in a lower-low structure that would need to reverse for a durable advance.
Time Horizon and What Investors Should Monitor
Analyst price targets typically reflect a roughly 12-month research horizon, though individual firms may differ. Investors should watch quarterly results and any revisions to revenue guidance, gross margin and operating-loss trends, new multi-year subscription signings, and progress toward GAAP profitability. Changes to analyst targets — such as the November 2026 reductions — can signal shifting expectations. Broader conditions also matter, including security-sector spending, interest rates, and small-cap risk appetite, given the stock's elevated beta.
Using Tickeron’s AI Daily Buy/Sell Signals in Practice
In my own research process, Tickeron’s AI Daily Buy/Sell Signals have become a useful way to track momentum shifts on names like EVLV. The tool applies artificial intelligence to scan thousands of stocks and ETFs, delivering Buy, Sell, or Hold signals based on technical behavior and market conditions. It helps flag potential changes in trend without replacing fundamental analysis, which remains central when evaluating longer-term targets.
Final Assessment
The $9.40 central target is the average of five analyst price targets spanning $8.00 to $10.00, all carrying Buy ratings. From a price near $4.51, reaching that level would require roughly a 108% advance — a very large move that would demand both continued revenue growth and a meaningful shift in investor sentiment toward the stock's path to profitability. Supporting the case are raised guidance, recurring-revenue momentum, and expanding customer adoption; weighing against it are ongoing GAAP losses, recent target trims, insider selling, and a still-heavy downtrend in the shares. The recent analyst revisions and upcoming earnings and guidance updates will be the clearest signposts for whether the gap between the current price and the analyst-derived target narrows.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.
EVLV in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 12, 2026
EVLV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 34 of 36 cases where EVLV's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EVLV's RSI Oscillator exited the oversold zone, 26 of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
The Moving Average Convergence Divergence (MACD) for EVLV just turned positive on October 21, 2026. Looking at past instances where EVLV's MACD turned positive, the stock continued to rise in 34 of 43 cases over the following month. The odds of a continued upward trend are 79%.
Following a +5.08% 3-day Advance, the price is estimated to grow further. Considering data from situations where EVLV advanced for three days, in 207 of 252 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 48 of 60 cases where EVLV's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 80%.
The Momentum Indicator moved below the 0 level on November 10, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on EVLV as a result. In 59 of 67 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 88%.
EVLV moved below its 50-day moving average on November 10, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVLV declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 81%.
The Aroon Indicator for EVLV entered a downward trend on October 26, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 7 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: EVLV's P/B Ratio (6.949) is slightly higher than the industry average of (2.996). EVLV's P/E Ratio (-228.000) is considerably lower than the industry average of (3.471). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.749). Dividend Yield (0.000) settles around the average of (0.244) among similar stocks. EVLV's P/S Ratio (5.189) is slightly higher than the industry average of (2.085).
The Tickeron PE Growth Rating for this company is 22 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 73 (best 1 - 100 worst), indicating slightly worse than average price growth. EVLV’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 92 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EVLV’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock worse than average.
Industry description
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a distributor of products to consumers through TV, telephone, online and mobile
Industry MiscellaneousCommercialServices
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