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Evolv Technologies Holdings Inc. (Class A) (EVLV) — RQD Stock Rating Cockpit

$4.85 +1.89% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $4.86

Evolv Technologies Holdings Inc. (Class A) (EVLV) carries a Roarable Rating of D- (Sell) with 43/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (43/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • SELL / AVOID Cap $878.5M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on EVLV Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is EVLV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Evolv Technologies Holdings Inc. (Class A) (NASDAQ: EVLV) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 43/100 at a spot price of $4.85 (+1.89% 1D, market cap $878.5M). Pillar breakdown: Fundamental Cash Engine 9/20, Institutional 13F & Options Flow 8/20, Executive Insider Alignment 10/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 8/20. Across 714 tracked Technology issuers, EVLV ranks #471 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does EVLV compare to MITK and SSYS in the Technology sector?

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Within the Technology sector (Computer peripheral equipment), EVLV carries a Roarable D- (43/100 RQD), trailing P/E of N/A, gross margin of 51.6%, and ROIC of -35.0%. By comparison, MITK (Mitek Systems Inc.) holds a B grade (72/100 RQD, P/E 94.7x, ROIC 22.7%, cap $833.0M) and SSYS (Stratasys Ltd. (Israel)) posts a E grade (17/100 RQD, P/E N/A, ROIC -7.7%, cap $619.2M). Among the 5-stock peer group, IMMR leads on earnings multiple (53.6x) while MITK leads on capital efficiency (22.7% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for EVLV?

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Per EVLV's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001805385), Evolv Technologies Holdings Inc. (Class A) generated $145.9M in revenue (+40.5% YoY), -$33.1M in net income, and $18.7M in free cash flow against $304.4M in total assets and $28.6M in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $4.86 (+0.15%)🧬 Disciplined Float (-0.12% YoY Shares)⚙️ Cash Engine: 9/20 (D) • 12.8% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (43/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-6.7% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D-

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-6.8% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for EVLV)Realized 20D OHLCV Swing Band: ±8.6%

Deterministic 5-Pillar Attribution (43/100 Composite)

🔍 WHY EVLV SCORES 43/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+10/20 pts (23% of score)

Altman Z-Score 1.13 (DISTRESS RISK (<1.8)) • Piotroski F-Score 8/9

▲ #2 Bullish Driver: Cash Engine Quality+9/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 12.8% FCF Margin ($18.7M FCF) & 51.6% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution8/20 pts (-12 pt drag)

Disciplined Float (-0.12% YoY Shares) & executive Form 4 sales trim 12 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$4.32-3.2% Next Q

Q2 (-2Q)

Grade E$4.18+5.7% Next Q

Q3 (-1Q)

Grade D$4.42+9.7% Next Q

Current

Grade D-$4.85-6.7% Hist 90D α

Trajectory: E (35) → D- (43)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a EVLV Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While EVLV currently carries a cautious 43/100 (D-) rating due to Insider Conviction & Share Dilution (8/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($4.78) and Max Pain ($5.09) forces dealer call-delta covering toward $8.14.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (-0.12% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $EVLV• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “EVLV Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 43%NO 57%Trade / Inspect Odds →

RSI-14 MOMENTUMBULLISH MOMENTUM

57.330 Oversold · 70 Hot

ALTMAN-Z SHIELDDISTRESS RISK (<1.8)

1.13>3.0 Fortress Safe

PIOTROSKI F-SCOREHIGH QUALITY (7–9)

8 / 99-Pt Accounting

52-WEEK LASER RANGE22% OF RANGE

L: $4$4.85H: $8

1. Money & Cash Health● WEAK

Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: DRQD 9 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: D-RQD 16 / 40

3. Hidden Risks & Market Weather● WARNING

SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: DRQD 18 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

3-of-3 JEV AI Jury Bearish Warning on EVLV

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BEARISH (45)

-35.0% ROIC with 51.6% gross margin and 2.13% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BEARISH (50)

Altman-Z 1.13 and Piotroski 8/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BEARISH (40)

16/40 institutional & smart-money positioning score with 8/20 macro alignment.

Bull Case: Why Buyers Like EVLV

✓Established market leader in Technology with deep daily trading liquidity.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Sensitive to high interest rates and tighter Federal Reserve market liquidity.
!Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring EVLV)

✓Walkthrough of EVLV's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

EVLV // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -32.07%▲ RESISTANCE BREAKOUT

2026-11-02O $4.76H $4.85L $4.76C $4.85VOL 1.48M

RES: $4.80SUP: $3.66SMA50: $4.78SMA200: $5.64

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

EVLV Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 EVLV Butterfly Map → + Track EVLV →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +40.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on EVLV today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for EVLV. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for EVLV today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (EVLV)

Technology Rank #471 of 714 ⚔️ MITK vs EVLV Full Matrix →

1. Head-to-Head Technology Peer Comparison (EVLV vs. MITK, SSYS, CRSR, IMMR)

Industry: Computer peripheral equipment (18 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Evolv Technologies Holdings Inc. (Class A) (EVLV) ranks #471 by composite RQD confidence (43/100, grade D-) and #363 by equity capitalization ($878.5M). Within this direct 5-issuer industry benchmark cohort, IMMR leads on earnings valuation at 53.6x trailing P/E, while MITK leads on capital efficiency and profitability with 22.7% ROIC and — gross margin. MITK currently holds the highest overall quantitative score in the immediate peer group at 72/100 (B) compared with EVLV at 43/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
EVLV ACTIVE Evolv Technologies Holdings Inc. (Class A)	D-	43/100	—	51.6%	-35.0%	+1.89%	$878.5M	Benchmark Subject
MITK Mitek Systems Inc.	B	72/100	94.7x	—	22.7%	-1.07%	$833.0M	/mitk-vs-evlv →
SSYS Stratasys Ltd. (Israel)	E	17/100	—	41.2%	-7.7%	-1.68%	$619.2M	/ssys-vs-evlv →
CRSR Corsair Gaming Inc.	D+	56/100	92.8x	28.9%	0.2%	+1.70%	$1.49B	/crsr-vs-evlv →
IMMR Immersion Corporation	C-	61/100	53.6x	—	12.4%	+0.97%	$242.4M	/immr-vs-evlv →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001805385

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Evolv Technologies Holdings Inc. (Class A) (EVLV) reported GAAP revenue of $145.9M (+40.5% vs. FY2024 revenue of $103.9M , and +83.4% cumulative change since FY2023) , GAAP net income of -$33.1M, operating cash flow of $18.7M, and free cash flow of $18.7M (+160.5% YoY). On the balance sheet, EVLV closed FY2025 with $304.4M in total assets against $28.6M in total debt (Altman Z-Score: 1.13, Piotroski F-Score: 8/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$145.9M	-$33.1M	$18.7M	$18.7M	$304.4M	$28.6M
FY2024 (FY)	2024-12-31	$103.9M	-$54.0M	-$30.9M	-$30.9M	$268.1M	$0
FY2023 (FY)	2023-12-31	$79.6M	-$108.0M	-$9.8M	-$9.8M	—	—

3. EVLV Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is EVLV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does EVLV compare to MITK and SSYS in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for EVLV?

Where is EVLV trading relative to its 50-day, 200-day, and 52-week technical levels?

EVLV last traded at $4.85 (+1.89% on volume of 1,480,544 shares), positioning the stock +1.46% above its 50-day simple moving average ($4.78) and -14.01% below its 200-day simple moving average ($5.64). Across its 52-week range of $4.02 to $7.75, EVLV sits at the 22.3% percentile with a 14-day RSI of 57.3 (BULLISH MOMENTUM) and an implied next-earnings move of ±8.6% ($4.43 to $5.27).

EVLV Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell EVLV stock right now?

Evolv Technologies Holdings Inc. (Class A) (EVLV) currently earns a Roarable Rating of D- (Sell — SELL) with 43/100 RQD Confidence. Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.

What is EVLV's 12-month price target and RQD AI Jury consensus?

EVLV's 12-month base price target is $4.52 (range $3.53 to $8.14), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: EVLV RQD Cockpit EVLV 12M Forecast EVLV Earnings & Move EVLV Dividends & DRIP EVLV Insiders & 13F EVLV Whale Options EVLV Profit Sankey EVLV News & Why