EVLV (Evolv Technologies Holdings) Moat Score: 4/10 (As of Aug. 20, 2026)

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EVLV Evolv Technologies Holdings Inc EVLV
81 GF Score
Price $5.42
GF Value $7.16
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Evolv Technologies Holdings Moat Score?

Evolv Technologies Holdings EVLV -3.90% 81 Moat Score is 4 as of Aug. 20, 2026. GuruFocus rates EVLV with a GF Score™ of 81/100 and a GF Value™ of $7.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,088 Business Services companies, Evolv Technologies Holdings ranks better than 92.56% on this metric.

Evolv Technologies Holdings has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Evolv Technologies Holdings has Narrow Moat: Evolv Technologies Holdings Inc has a discernible but modest moat due to its proprietary security screening technology, which provides some customer switching costs. However, the competitive landscape and moderate brand strength limit its moat to a narrow category.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Evolv Technologies Holdings might have Narrow Moat - Discernible but modest moat.

Evolv Technologies Holdings  (NAS:EVLV) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Evolv Technologies Holdings Moat Score Related Terms

EVLV vs NSSC, MG, CIX: Moat Score Comparison

For the Security & Protection Services subindustry, Evolv Technologies Holdings's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Evolv Technologies Holdings Moat Score vs Business Services Industry

For the Business Services industry and Industrials sector, Evolv Technologies Holdings's Moat Score distribution charts can be found below:

* The bar in red indicates where Evolv Technologies Holdings's Moat Score falls into.


EVLV
81GF Score
Evolv Technologies Holdings Inc EVLV
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Evolv Technologies Holdings (EVLV) has a Moat Score of 4 as of Aug. 20, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Evolv Technologies Holdings ranks #81 out of 1088 companies in the Business Services industry, placing it in the top 7.4%.
Is Evolv Technologies Holdings' Moat Score too high?
Evolv Technologies Holdings' current Moat Score is 4. Based on the distribution chart, Evolv Technologies Holdings ranks #81 out of 1088 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Evolv Technologies Holdings has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolv Technologies Holdings' Moat Score compare to NSSC and MG?
According to the Business Services industry distribution chart, Evolv Technologies Holdings ranks #81 out of 1088 companies for Moat Score. This places Evolv Technologies Holdings in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Business Services company?
A good Moat Score depends on the Business Services industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Evolv Technologies Holdings's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolv Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Evolv Technologies Holdings (EVLV) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.16, compared to a current price of $5.42 — trading 24.4% below its estimated fair value. The current Moat Score is 4. Evolv Technologies Holdings' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Evolv Technologies Holdings (EVLV), the current Moat Score is 4 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Evolv Technologies Holdings (EVLV) Overvalued in 2026?

Based on GuruFocus' analysis, Evolv Technologies Holdings stock appears to be undervalued. The current stock price of $5.42 is trading 24.4% below its estimated GF Value™ of $7.16. GuruFocus considers Evolv Technologies Holdings to be Modestly Undervalued.

Key valuation signals for EVLV:

  • Moat Score: 4
  • GF Value™: $7.16 vs. price of $5.42 (24.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the EVLV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Evolv Technologies Holdings Business Description

Address 500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451
Evolv Technologies Holdings Inc is a security technology company pioneering Artificial Intelligence (AI)-powered screening solutions designed to help create safer environments while maintaining efficient visitor flow and a positive visitor experience. It serves customers across a range of end markets, including education, healthcare, sports, live entertainment, tourist attractions, houses of worship, and industrial workplaces. The company operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.
81GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.42
Price
$7.16
GF Value