Stocktoria

Evolv Technologies Holdings, Inc. EVLV

Nasdaq · stock · Computer Peripheral Equipment, NEC · website · IPO 2020-02-29

Evolv Technologies Holdings, Inc. (EVLV) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $145.9M at a -22.7% net margin.

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34/100
Stocktoria Quality Score · grade D
4/9
Piotroski F — financial health
-3.93
Altman Z″ — distress risk · distress
Dividend yield · no dividend
-3.13
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 2 4 4 4 20212022202320242025
Altman Z″
7.77 2.57 -2.31 -4.95 -3.93 20212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$5.72 as of 2026-08-01 · -30.6% 1y
$5.30$8.2452-wk

Beneish M-score: -3.13 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$979M
Net margin 5y avg-84.3%
Return on equity 5y avg-38.1%
Beta1.76
Employees286

Analyst price target

$10.12 +77% vs last
· 4 analysts
target range $10.00 – $10.50

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 6y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 45%
Net marginstronger than 35%
Return on equitystronger than 39%
Revenue growthstronger than 91%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 4/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.093
Retained earnings / assets-1.274
EBIT / assets-0.159
Equity / liabilities0.646

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
EVLVEvolv Technologies Holdings, Inc.4/9-3.93+40.5%
ALOTAstroNova, Inc.5/94.04-0.5%
YIBOPlanet Image International Ltd2/92.64+3.6%
MITKMITEK SYSTEMS INC5/91.7899+4.4%
RDCMRADCOM LTD7/98.0718.7+17.2%
TACTTRANSACT TECHNOLOGIES INC4/96.19+18.7%
WETHWetouch Technology Inc.6/92.3+6.8%

All Manufacturing companies →

About Evolv Technologies Holdings, Inc.

Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.

FAQ

Is EVLV financially healthy?

Evolv Technologies Holdings, Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does EVLV pay a dividend?

No, Evolv Technologies Holdings, Inc. does not currently pay a dividend.

How profitable is EVLV?

In FY2025, Evolv Technologies Holdings, Inc. had a net margin of -22.7% and a return on equity of -27.7%.

What is the analyst price target for EVLV?

The average Wall-Street price target for Evolv Technologies Holdings, Inc. is $10.12, about 77.0% above the recent price, from 4 analysts.

Is EVLV a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Evolv Technologies Holdings, Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.