The Company has shared its projections for 2025, anticipating total revenues between $125 and $130 million. This forecast suggests a growth rate of 20% to 25% compared to the previous year. The Company, identified by the ticker EVLV, attributes this increase to both revenue expansion and a heightened emphasis on operational efficiency, which it expects will lead to enhanced profitability and stronger cash flow.
To further bolster its operations, EVLV plans to invest approximately $2 million in 2025 to upgrade systems and processes, aiming to strengthen internal controls and drive overall efficiency. Despite these investments, the Company anticipates achieving a positive full-year Adjusted EBITDA with margins projected in the low to mid-single digits.
Additionally, EVLV expects to generate positive free cash flow by the fourth quarter of 2025, underscoring its commitment to financial health and growth in the coming year.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Evolv Technologies Holdings Inc (EVLV, Financial) is $5.38 with a high estimate of $6.75 and a low estimate of $4.00. The average target implies an downside of 2.98% from the current price of $5.54. More detailed estimate data can be found on the Evolv Technologies Holdings Inc (EVLV) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Evolv Technologies Holdings Inc's (EVLV, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Evolv Technologies Holdings Inc (EVLV, Financial) in one year is $7.76, suggesting a upside of 40.07% from the current price of $5.54. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Evolv Technologies Holdings Inc (EVLV) Summary page.
