Evolv Technologies
EVLV · NASDAQ · Industrials
$5.01
$0.03 (-0.60%) today
Market Cap
$901.16M
24h Volume
$24.0M
P/E Ratio
0.0
52w High
$8.60
52w Low
$4.90
Est. AI Revenue
100%
7-Day Sparkline (Static)
Company facts
Performance
About Evolv Technologies
Evolv Technologies makes security screening systems that detect concealed weapons as people walk through at a normal pace. It makes money mainly through multi year subscriptions that bundle hardware, software, and services, giving it recurring revenue from schools, hospitals, stadiums, casinos, and workplaces.
Its flagship product is Evolv Express, a walk through screening system that uses sensors and AI classification to distinguish weapons from everyday items like phones and keys. Evolv Expedite applies similar technology to bag screening, and Evolv Insights gives operators analytics on visitor flow and detections.
Founded in 2013 and headquartered in Waltham, Massachusetts, Evolv employs about 290 people and trades on the NASDAQ. John Kedzierski, a former Motorola Solutions executive, became CEO in December 2024 as the company worked through and remediated earlier accounting issues.
Evolv Technologies in the AI buildout
Evolv sits in the AI Software layer and the Cybersecurity layer as physical security AI. Its systems replace metal detectors with sensor arrays whose readings are classified by machine learning models, so the product category exists only because AI can separate a weapon from a laptop in real time. Unlike most of the buildout, its demand comes from venue safety budgets rather than data center spending, which makes it a bet on AI adoption in physical security rather than on compute infrastructure.
EVLV is tracked in Cybersecurity AI, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
EVLV trades at $5.01, 3% of the way up its 52-week range of $4.90 to $8.60.
Market cap
Market capitalization is $901.16M, with an AI Exposure Score of 85 out of 100.
Next earnings
Evolv Technologies is next expected to report earnings on November 12, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Evolv Technologies do?
Evolv makes AI based weapons detection systems for security screening. Its Evolv Express units let crowds walk through without emptying pockets while sensors and AI models flag concealed guns and knives. Customers include schools, hospitals, stadiums, and workplaces, mostly on subscription contracts.
How is Evolv exposed to AI?
The product is AI: machine learning models classify sensor signals to distinguish weapons from everyday objects. Supercycle rates it Core with an AI Exposure Score of 85 out of 100. It falls short of Pure Play only because demand comes from physical security budgets, not the compute buildout.
Is EVLV a pure play AI stock?
Functionally yes, though Supercycle scores it Core at 85 out of 100. The entire business is AI based screening, but its fortunes track venue security demand rather than AI infrastructure spending, and past accounting problems, since remediated, add company specific risk.
Who leads Evolv?
John Kedzierski became president and CEO in December 2024 after senior roles leading security technology businesses at Motorola Solutions. He took over following an executive transition as the company moved past its earlier accounting and disclosure issues.
Where is Evolv based?
Evolv is headquartered in Waltham, Massachusetts, and was founded in 2013. It employs about 290 people and trades on the NASDAQ under the ticker EVLV. Its screening systems are deployed at venues across the United States and internationally.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.