Evolv Technologies Holdings, Inc.· EVLV
🇺🇸 US · SmallBroad USNASDAQ
- Price
- $4.91
- Day
- -0.41%
- Mkt Cap
- $883.17M
- 52W Range
- $4.79 – $8.81
- Volume
- 2.49M
- Beta
- 1.80
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WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV) today announced that it has been approved as a Partner of the Partner Alliance for Safer Schools (PASS), a nonprofit organization focused on improving safety and security in K-12 schools. As a PASS Partner, Evolv is proud to support PASS's mission of helping schools make informed, evidence-based decisions about safety and security. Through the partnership, Evolv will participate in PASS training, collaboration, and knowledge-shari.
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Evolv delivers strong revenue growth, improved cash flow, and upwardly revised FY26 guidance despite gross margin headwinds and a 52-week stock price low. EVLV's competitive advantage lies in its AI-driven technology, expanding customer base, and data moat, with 70 new customers and robust adoption of Gen2 and eXpedite. Gross margin pressure stems from a higher mix of purchase subscriptions and Gen2 upgrades, but price increases and manufacturing changes aim to offset input cost inflation.
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