Reported 1 day ago
Lake Street has upgraded the price target for Evolv Technologies Holding Inc. (NASDAQ:EVLV) from $4 to $5.5 while maintaining a Hold rating, following a strong Q1 2025 earnings report that showed a 44% increase in revenue. However, despite successful subscription growth and high customer retention, Evolv’s market penetration remains low, with its technology used in only about 1% of US school buildings.
Source: YAHOO