Lake Street gives a Buy recommendation for Evolv Technologies Holdings Inc (EVLV)

Jaxson Clark

In a filing, Evolv Technologies Holdings Inc revealed its Director Ellenbogen Michael unloaded Company’s shares for reported $0.56 million on Dec 15 ’25. In the deal valued at $6.91 per share,80,745 shares were sold. As a result of this transaction, Ellenbogen Michael now holds 2,083,961 shares worth roughly $14.69 million.

Then, Michael P. Ellenbogen bought 242,235 shares, generating $1,671,421 in total proceeds.

Before that, Marshall Robert E bought 7,000 shares. Evolv Technologies Holdings Inc shares valued at $42,420 were divested by the Chief Revenue Officer at a price of $6.06 per share. As a result of the transaction, Marshall Robert E now holds 7,000 shares, worth roughly $49350.0.

Lake Street upgraded its Evolv Technologies Holdings Inc [EVLV] rating to a Buy from a a Hold in a research note published recently. Northland Capital also remained covering EVLV and has increased its forecast on May 21, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. Northland Capital revised its rating on October 28, 2024. It rated EVLV as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of EVLV

On Monday, Evolv Technologies Holdings Inc [NASDAQ:EVLV] saw its stock fall -2.22% to $7.05. Over the last five days, the stock has gained 4.29%. Evolv Technologies Holdings Inc shares have risen nearly 97.48% since the year began. Nevertheless, the stocks have risen 78.48% over the past one year. While a 52-week high of $8.91 was reached on 08/15/25, a 52-week low of $2.64 was recorded on 04/07/25.

Levels Of Support And Resistance For EVLV Stock

The 24-hour chart illustrates a support level at 6.95, which if violated will result in even more drops to 6.85. On the upside, there is a resistance level at 7.22. A further resistance level may holdings at 7.39.

How much short interest is there in Evolv Technologies Holdings Inc?

A steep rise in short interest was recorded in Evolv Technologies Holdings Inc stocks on 2025-11-28, dropping by -0.78 million shares to a total of 8.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 8.94 million shares. There was a decline of -9.55%, which implies that there is a negative sentiment for the stock.

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