As Evolv Technologies Holdings (EVLV, Financial) prepares to release its earnings, the options market is experiencing typical volume, with a notable inclination towards call options outnumbering put options by a ratio of 11:2. This trend indicates a general market expectation of positive movement in the stock.
The implied volatility for EVLV suggests investors are bracing for a substantial price shift of approximately 14%, equating to a change of 47 cents, following the company's financial disclosure. Historically, the stock's median movement in response to earnings announcements over the last eight quarters has been relatively modest, at 3.6%.
These figures highlight market participants’ anticipation of significant fluctuations in EVLV’s stock price, underscoring the heightened investor interest surrounding the upcoming earnings report.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Evolv Technologies Holdings Inc (EVLV, Financial) is $5.17 with a high estimate of $6.75 and a low estimate of $2.75. The average target implies an upside of 55.16% from the current price of $3.33. 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 $9.61, suggesting a upside of 188.59% from the current price of $3.33. 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.
