evolv stock: EVLV Overview & Investor Guide

Evolv Technologies Holdings, Inc. (EVLV)

Quick takeaway: This article explains evolv stock (EVLV), the publicly traded equity of Evolv Technologies Holdings, Inc., an AI-driven touchless weapons-detection and security-technology company. Readers will learn what the company does, how it generates revenue, where to find market data and filings, and key investor considerations. For trading or monitoring equities, consider Bitget’s market tools and portfolio features.

Introduction

evolv stock refers to the publicly traded shares of Evolv Technologies Holdings, Inc., ticker EVLV on the NASDAQ. This guide is written for beginners and active researchers alike: you'll get a clear overview of the company, its flagship products, business model, governance, typical investor risks, and pointers to primary sources for up-to-date market figures and filings. Throughout this article the phrase "evolv stock" will be used to describe EVLV as an equity security, and readers should consult official SEC filings and the company's investor relations for the latest numerical data.

Overview

Evolv Technologies is a U.S.-based security-technology company focused on AI-powered, touchless weapons-detection systems and related analytics. evolv stock (EVLV) represents ownership in the reporting company and trades on the NASDAQ. The company’s solutions are designed for higher-traffic venues and permanent-screening sites such as stadiums, casinos, schools, entertainment venues and corporate locations. Evolv emphasizes integration of sensor hardware with machine-learning models and cloud analytics to screen people for concealed weapons while minimizing physical contact and throughput delays.

Corporate history

• Founding and early development: Evolv Technologies began as a specialized security-technology developer focused on reducing friction in mass-screening scenarios by combining sensors and AI to detect weapons without physical pat-downs.
• Commercialization milestones: Over time, the company progressed from initial prototype systems to commercial-grade hardware and software packages deployed in public venues and institutional settings.
• Path to public markets: The company later became a publicly traded entity under the EVLV ticker. For the precise timeline of the public listing and related transactions, consult the company’s investor relations materials and SEC filings for authoritative dates and transaction details.

As of 2024-06-01, according to Evolv’s investor relations materials, the company emphasized commercial deployments across venues and persistent investments in R&D to advance detection accuracy and analytics capabilities.

Products and technology

Evolv Express and hardware systems

Evolv’s flagship hardware platform is commonly referred to as Evolv Express (and related screening products). These systems are stand-alone or integrated walkthrough screening solutions designed to detect concealed weapons without requiring individuals to stop, remove items, or be physically searched. Typical deployment settings include sports arenas, convention centers, casinos, and other high-footfall locations. The hardware is engineered to balance detection sensitivity with high throughput, enabling venues to screen large numbers of visitors with fewer delays than traditional metal detectors.

Software and AI (Evolv Cortex / Insights)

Evolv’s value proposition pairs hardware with software: AI-driven models analyze sensor outputs to identify probable threats and reduce false positives. Products commonly described under names like Cortex or Insights provide visitor-flow analytics, detection-performance metrics, and administrative dashboards for security teams. The software layer supports data-driven tuning of detection thresholds, reporting, and integration with third-party security and access-control systems. This software/hardware integration is central to how the company markets its solutions to large venues seeking both safety and operational efficiency.

Business model

• Revenue streams: Evolv’s reported revenue model typically includes hardware sales (screening units), software subscriptions or licenses (analytics and cloud services), recurring maintenance and service contracts, and professional services for installation and system integration.
• Customer segments: Key customers include sports and entertainment venues, casinos, educational institutions, corporate campuses, and public venues where automated screening can replace or augment manual security checks.
• Go-to-market approach: The company has historically pursued a mix of direct sales to enterprise and venue customers and channel partnerships for distribution and installation. Long-term contracts, recurring service agreements, and software subscriptions are important for predictable revenue, while hardware sales drive initial large-ticket bookings.

Corporate governance and management

Evolv’s corporate headquarters, executive leadership roster (including the chief executive officer), and board composition are detailed in the company’s governance documents and proxy statements. For current and authoritative names, compensation disclosures, and board committees, consult the latest proxy (DEF 14A) and investor relations pages.

As of 2024-06-01, Evolv’s investor relations site listed executive biographies and corporate governance materials; prospective investors should review those materials and the company’s SEC filings for updates.

Financial performance

This section provides a high-level summary framework for evaluating evolv stock’s financial profile. For precise, current figures (revenue, net income/loss, cash balances, debt levels), always consult the company’s latest Form 10-Q, Form 10-K, and 8-K filings.

• Revenue and growth: Evolv has reported revenue growth driven by new deployments and recurring software/service agreements. Year-over-year growth rates, quarterly revenue trends, and backlog figures are available in periodic filings.
• Profitability: Historically, companies in early commercial-growth phases of hardware-plus-software models can experience operating losses while investing in R&D, sales, and service infrastructure. Evolv’s filings summarize net income or net loss metrics, margins, and adjusted operating measures.
• Liquidity and indebtedness: Cash on hand, short-term investments, and debt obligations are detailed in balance-sheet disclosures. Key metrics to follow include cash runway, capital expenditures for manufacturing scale-up, and any material debt covenants.

Note: The specifics above are a framework; to see up-to-date numeric values for EVLV’s market metrics and accounting figures, consult the most recent SEC filings and company-released financial statements.

Stock information and market data

• Ticker and exchange: evolv stock trades under the ticker EVLV on the NASDAQ exchange.
• Market identifiers: Publicly traded U.S. equities have identifiers such as ISIN and CUSIP listed in financial data services and in company filings. Consult market-data providers or the company’s investor-relations materials for exact identifiers.
• Historical price behavior: Financial-data platforms (e.g., Yahoo Finance, TradingView, Macrotrends) provide historical price charts, 52-week high/low, and trading-volume history for EVLV. These sources also summarize daily trading volume and liquidity characteristics.
• Where to check quotes: Common quote pages for evolv stock include Yahoo Finance, CNBC, TradingView, and the company’s investor-relations page. For real-time trading or portfolio monitoring, use a trusted trading platform — Bitget’s market tools can help track ticker performance and set alerts (note: consult Bitget for availability and region-specific access).

As of 2024-06-01, according to Yahoo Finance and other market-data providers, evolv stock’s historical volatility and trading volumes were reported and visualized on public quote pages; always verify the latest numbers directly from those markets.

Market performance and analyst coverage

• Analyst coverage: Coverage of evolv stock varies among sell-side analysts and independent research providers. Platforms like Zacks, The Motley Fool, and CNBC may summarize analyst ratings, price targets, and recent coverage notes when available.
• Catalysts: Typical catalysts that can move the stock include quarterly earnings releases, large venue deployment announcements, major partnership agreements, and updates to the company’s detection technology or regulatory clarifications affecting screening standards.
• Volatility: As a company in the security-technology and AI hardware space, EVLV can exhibit higher volatility relative to large-cap indices, particularly if trading liquidity is moderate and news events (contracts or performance updates) produce sharp sentiment changes.

Ownership, shareholders and insider activity

• Institutional holders: Major institutional shareholders (mutual funds, ETFs, hedge funds) are reported in quarterly 13F filings and in summary tables on financial-data platforms. For a current list of top institutional holders of evolv stock, consult a market-data provider or the company’s investor-relations disclosures.
• Insider holdings and transactions: Insider ownership and recent insider transactions are disclosed on SEC Forms 3, 4 and 5. Significant insider buys or sells, especially by executives or board members, are material events that investors often review.

As of 2024-06-01, public data sources like the company’s filings and market-data aggregators documented institutional and insider holdings; check SEC filings for official, up-to-date records.

Key customers, partnerships, and deployments

Evolv has publicly described deployments in high-traffic venues such as sports arenas, convention centers and other public venues. Public-facing press releases and investor presentations highlight notable customer wins and partnerships that demonstrate commercial traction. Examples typically include named venue deployments and agreements to retrofit security screening at large public sites; for exact customer lists and contract terms, consult the company’s press releases and SEC disclosures.

Competition and market landscape

• Principal competitors: The physical security and weapons-detection market includes legacy manufacturers of metal detectors and X-ray systems as well as emerging companies applying AI and sensor fusion. Competitors vary by product approach (hardware, software, or combined systems).
• Differentiators: Evolv’s key differentiation is its focus on touchless, high-throughput screening powered by machine learning models and cloud analytics. Operational advantages claimed include reduced lines and fewer manual searches, as well as analytics that help venue operators manage visitor flow.
• Market dynamics: Adoption depends on budget cycles at venues, public safety priorities, measurable detection performance (true positive and false positive rates), and regulatory or industry standards that influence procurement decisions.

Risks and controversies

This section summarizes common investor-relevant risks related to evolv stock. It is descriptive and not investment advice.

• Technology and performance risk: Weapons-detection systems must balance sensitivity and specificity. False negatives (missed threats) present critical safety risk; false positives can disrupt operations and increase costs. Performance under varied environmental and crowd conditions is a key risk area.
• Adoption and contract concentration: Growth depends on venues adopting and paying for Evolv’s solutions. Contracts with a small number of large customers can lead to concentration risk if cancellations occur.
• Competitive pressure: Established security-system manufacturers and new entrants could exert pricing pressure or introduce competing technologies.
• Financial risk: As a growth-oriented hardware-plus-software company, Evolv may face periods of operating losses, capital requirements for scaling manufacturing, and fluctuations in cash flow.
• Regulatory and privacy concerns: Deployment of AI-driven screening and analytics raises privacy considerations and potential regulatory scrutiny in some jurisdictions. Compliance with local rules and responsible data handling are ongoing obligations.
• Litigation and reputational risk: Any reported system failures, false negatives with safety consequences, or public controversies could lead to legal exposure and reputational harm.

If any public controversies, security incidents, or litigation are disclosed in filings or credible press reports, those items should be reviewed in the relevant 8-K or press-release archives. As of 2024-06-01, public sources did not show any single systemic incident dominating the public narrative; always check recent filings and news for updates.

Recent developments and news

This section highlights how to track material, timely events that may affect evolv stock.

• Earnings releases and 8-Ks: Quarterly earnings presentations and material-event 8-K filings often contain key updates on bookings, deployments, and financial guidance.
• Press releases and customer announcements: Company press releases commonly announce large deployments, partnerships, product launches, or customer pilots. These are often posted on the investor-relations page.
• Analyst notes and media coverage: Coverage by outlets like CNBC, The Motley Fool, and sector research providers can influence market sentiment, especially when accompanied by new data or revised estimates.

As of 2024-06-01, according to the company’s investor relations and public market pages, Evolv continued to report deployments and product enhancements; readers should consult the IR page and financial news platforms for the latest date-stamped items.

Financial filings and investor relations

Authoritative sources for vetting statements about evolv stock include:

• SEC filings: Form 10-K (annual), 10-Q (quarterly), 8-K (material events), and Forms 3/4/5 (insider transactions). These filings are the primary legal record of financial performance and material events.
• Company investor relations: The corporate IR site hosts press releases, investor presentations, governance documents, and contact information for investor inquiries.

For any investment decision or detailed financial modeling, consult these primary filings and consider professional financial advice. This article is informational and not an investment recommendation.

See also

• Physical security technology
• AI in security and surveillance
• Commercial screening systems and analytics
• Comparable companies in security hardware and AI

References

Primary public sources used for this overview (identify these sources on their platforms for up-to-date figures):

• Evolv Technologies Holdings, Inc. — Investor Relations and press releases (company filings and IR materials)
• Yahoo Finance — EVLV quote and historical data
• CNBC — EVLV quote and company profile
• The Motley Fool — EVLV coverage and company profile
• TradingView — EVLV charting and technical overview
• Macrotrends — EVLV price history and long-term charts
• Zacks — EVLV research summaries
• StockTwits — EVLV community sentiment and feeds

As of 2024-06-01, the above sources carried date-stamped materials summarizing Evolv’s public disclosures and market data. For the most current metrics (market cap, daily trading volume, latest quarter results), consult those primary sites and the company’s SEC filings.

External links

(Visit the following sources directly via their websites or platforms for the latest data; no external URLs are embedded here.)

• Evolv Technologies — Investor Relations
• Yahoo Finance — EVLV
• CNBC Markets — EVLV
• TradingView — NASDAQ: EVLV
• Macrotrends — EVLV price history