Evolv Technologies: A Growth Story Backed By Clear Demand And Recovering Execution

  • Evolv Technologies is a Buy for me, driven by strong SaaS adoption, expanding recurring revenue, and clear market relevance in education and healthcare. Financials show robust ARR growth, improving margins, and disciplined cost control, with a strong balance sheet and no long-term debt. Key growth drivers include rising demand in schools, hospitals, and public venues, plus new products and a Certified Pre-Owned program to broaden market reach.