EVLV
Evolv Technologies Holdings, Inc. Industrials - Security & Protection Services Investor Relations →
Evolv Technologies Holdings, Inc. (EVLV) closed at $5.49 as of 2026-02-02, trading 27.3% above its 200-week moving average of $4.31. The stock is currently moving closer to the line, down from 44.0% last week. The 14-week RSI sits at 32, indicating neutral momentum.
Over the past 232 weeks of data, EVLV has crossed below its 200-week moving average 3 times. On average, these episodes lasted 59 weeks. The average one-year return after crossing below was -53.3%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $959 million, EVLV is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -51.7%. The stock trades at 9.3x book value.
Share count has increased 11.8% over three years, indicating dilution.
Over the past 4.6 years, a hypothetical investment of $100 in EVLV would have grown to $72, compared to $163 for the S&P 500. EVLV has returned -7.0% annualized vs 11.2% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: EVLV vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EVLV Crosses Below the Line?
Across 3 historical episodes, buying EVLV when it crossed below its 200-week moving average produced an average return of -48.0% after 12 months (median -50.0%), compared to +15.7% for the S&P 500 over the same periods. After 24 months, the average return was +17.0% vs +35.0% for the index.
Each line shows $100 invested at the moment EVLV crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EVLV has crossed below its 200-week MA 3 times with an average 1-year return of +-53.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2021 | May 2023 | 91 | 77.8% | -72.3% | -28.2% |
| Jul 2023 | Jul 2023 | 1 | 2.3% | -57.4% | -3.0% |
| Sep 2023 | Apr 2025 | 85 | 59.0% | -30.2% | -4.0% |
| Average | 59 | — | +-53.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02