How to Buy Evolv Technologies Holdings Stock
Evolv Technologies Holdings Inc
Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based touchless security screening systems.
Evolv Technologies Holdings stock last closed at $4.09, down 2.39% from the previous day, and has increased 28.62% in one year. It has overperformed other stocks in the Security & Protection Services industry by 0.04 percentage points. Evolv Technologies Holdings stock is currently +34.54% from its 52-week low of $3.04, and -50.72% from its 52-week high of $8.30.
At the moment, there are 152.18M shares of EVLV outstanding. The market cap of EVLV is $622.43M. In the past 24 hours, 792,316 EVLV shares were traded.
How to Buy Evolv Technologies Holdings Stock
Wondering how to invest in Evolv Technologies Holdings stock? Here's how.
- Figure out where to buy Evolv Technologies Holdings stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Evolv Technologies Holdings stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your payment method and add your information.
- Research Evolv Technologies Holdings stock: The Evolv Technologies Holdings ticker symbol is EVLV. Is Evolv Technologies Holdings stock a good investment? Should you buy shares of EVLV? How do EVLV's underlying business fundamentals look? Do top analysts think Evolv Technologies Holdings is a good buy? Why has EVLV's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if EVLV is a good stock to buy).
- Make your EVLV purchase: Decide if you will purchase EVLV shares at the current market price or use a limit order to purchase EVLV stock at a given price.
- Get the latest scoop on your EVLV position: Create a watchlist to important notifications about your position in Evolv Technologies Holdings shares.
Step 1: Figure out where to buy Evolv Technologies Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy EVLV shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Industrials, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can invest in EVLV today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing funds into your investment account.
Step 4: Research Evolv Technologies Holdings stock
After you have identified the best place to buy Evolv Technologies Holdings stock, it's absolutely critical to analyze their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Evolv Technologies Holdings Metrics
EVLV Zen Score
WallStreetZen was designed to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on EVLV's stock page.
What is the fair value of EVLV stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EVLV's true value.
Using relative valuations measures:
- EVLV could be overvalued based on its P/B ratio of 4.25x, relative to Security & Protection Services industry P/B ratio of 3x
You can access additional valuation analysis on EVLV's stock here.
A quick look at EVLV Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the EVLV balance sheet.
- There are more short-term assets than short-term liabilities on the EVLV balance sheet.
- EVLV has cash burn of 82200000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- EVLV profit margin has gone up by 0.24 percentage points in the past year, but the company is still unprofitable.
- EVLV has a relatively high debt to equity ratio of 1.04.
- EVLV has $118.73M in cash and short term investments. This is not enough to cover its annual cash burn of $82.20M.
Do analysts think it's a good time to buy Evolv Technologies Holdings stock
Out of 2 Wall Street analysts who give recommendations on EVLV, the consensus analyst rating on EVLV is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Evolv Technologies Holdings stock forecast page.
EVLV Momentum
How are EVLV Revenues/Earnings doing?
Last year, EVLV revenue was $80.42M. In the last four year, EVLV's revenue has grown by 92.59% per year. This was faster than the Security & Protection Services industry average of 7.09%.
You can analyze EVLV's earnings and revenue performance here.
Who is buying/selling EVLV?
In the last 12 months, insiders at EVLV have sold more shares than they have bought.
Anil Chitkara, Founder Chief Growth Officer of EVLV, was the latest EVLV insider to sell. They sold $250,000.00 worth of EVLV stock on Apr 1, 2024.
Research more about who owns EVLV stock here.
Does EVLV provide a stable income stream?
No, Evolv Technologies Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your EVLV purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your EVLV position
Now that you own some EVLV shares, you'll want to keep up with your new investment.
Add EVLV to a watchlist to get alerted to the latest events about your EVLV stock.
EVLV Feed
How to Buy Stock in Evolv Technologies Holdings
To reiterate, here are the 6 steps to buy Evolv Technologies Holdings stock:
- Figure out where to buy Evolv Technologies Holdings stock
- Sign up for your brokerage account
- Put funds into your investment account
- Research Evolv Technologies Holdings stock
- Make your EVLV purchase
- Get the latest scoop on your EVLV position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Evolv Technologies Holdings, create a watchlist today.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.