Evolv Technologies Holdings, Inc. (EVLV) Announces Q3 Loss While Exceeding Revenue Projections
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Should l Buy SAIC?
Source: NASDAQ.COM
Earnings Performance: Evolv Technologies reported a quarterly loss of $0.01 per share, outperforming the Zacks Consensus Estimate of a loss of $0.07, and showing improvement from a loss of $0.19 per share a year ago.
Revenue Growth: The company achieved revenues of $42.85 million for the quarter, exceeding expectations by 27.25% and significantly up from $27.36 million in the same quarter last year.
Stock Outlook: Evolv Technologies shares have increased by approximately 70.1% year-to-date, outperforming the S&P 500, but the stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The Computers - IT Services industry, where Evolv operates, ranks in the top 25% of Zacks industries, suggesting a favorable environment for stock performance, while investors are advised to monitor earnings estimate revisions for future guidance.
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Analyst Views on SAIC
Wall Street analysts forecast SAIC stock price to rise
6 Analyst Rating
2 Buy
4 Hold
0 Sell
Moderate Buy
Current: 83.450
Low
113.00
Averages
122.00
High
128.00
Current: 83.450
Low
113.00
Averages
122.00
High
128.00
About SAIC
Science Applications International Corporation is a technology integrator providing full life cycle services and solutions in the technical, engineering and enterprise information technology (IT) markets. The Company's portfolio of offerings across the defense, space, civilian and intelligence markets include secure solutions in mission IT, enterprise IT, engineering services and professional services. It integrates emerging technology securely into mission critical operations that modernize and enable critical national imperatives, including IT modernization, digital engineering, artificial intelligence and ground vehicle support. Its segments include Defense and Intelligence, and Civilian. Defense and Intelligence segment provides a diverse portfolio of national security solutions to the Department of Defense and Intelligence Community of the United States Government. Civilian segment provides solutions to the civilian markets, encompassing federal, state, and local governments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Future Growth Signals: SAIC anticipates on-contract growth of only 1% to 3% for FY2027, near five-year lows, despite having a backlog of new projects like TENCAP and ATSO; however, the slow ramp-up of these projects may hinder future revenue recovery.
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- Q4 Performance Miss: The company's fourth-quarter revenue fell short by about 2% primarily due to January's compression effects and customer shutdowns caused by weather, with estimated losses of $5 million to $10 million from residual impacts of earlier shutdowns, reflecting vulnerabilities in adapting to external environmental changes.
- Future Growth Signals: SAIC anticipates on-contract growth of only 1% to 3% for FY2027, near five-year lows, despite having a backlog of new projects like TENCAP and ATSO; however, the slow ramp-up of these projects may hinder future revenue recovery.
- Strategic Adjustment Direction: In response to commoditization trends in the enterprise IT market, SAIC plans to be more selective in pursuing large DoD enterprise IT opportunities, while emphasizing its high win rates (85%-90%) in non-enterprise IT sectors and continuing to focus on small-scale M&A opportunities to enhance market competitiveness.
See More
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- Earnings Warning: SAIC anticipates fourth-quarter revenue of approximately $1.745 billion and adjusted EPS between $2.30 and $2.50, reflecting procurement delays and unfavorable customer award outcomes, leading to a 12.10% drop in stock price to $86.08.
- Guidance Downgrade: The company has revised its FY26 revenue forecast to about $7.26 billion, down from the previous guidance of $7.275 billion to $7.325 billion, while FY27 is now expected to see an organic revenue decline, indicating challenges in the market environment.
- Margin Improvement: Despite the revenue decline, SAIC expects margins to exceed earlier guidance due to improved efficiency and mix; however, adjusted EBITDA is projected to be lower as reduced revenue offsets margin gains, highlighting a conflict between revenue and profitability.
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- Profitability Adjustments: Despite the revenue downgrade, SAIC's adjusted EBITDA is projected at $705 million, up from previous expectations of $695 million, reflecting positive operational efficiency and lower tax rates, potentially laying the groundwork for future profit growth.
- FY27 Outlook: The company updated its FY27 guidance, now expecting revenue to decline by 4%-2%, compared to previous growth expectations of 0%-3%, highlighting ongoing market challenges, although adjusted EBITDA is expected to rise to $705-$715 million, indicating efforts in cost control.
- Strategic Transformation Plan: SAIC aims to enhance investment capacity through a bottoms-up enterprise transformation program, focusing on customer opportunities with technology transformation potential, aiming for long-term sustainable profit growth despite short-term revenue pressures.
See More
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- Guess, Inc. Dividend Yield: The company boasts a dividend yield of 5.4%, significantly higher than the industry average of 0.0%, making it an attractive option for income-seeking investors and enhancing its market appeal.
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- Market Outlook: The military unmanned systems market is projected to reach $76.05 billion by 2035, with a 10.5% annual growth rate, providing significant market opportunities for defense contractors.
- Technology Integration: VisionWave Holdings signed a letter of intent with Evie Autonomous to explore a £500,000 Proof-of-Concept program aimed at integrating autonomous vehicle technology into its Unmanned Ground Vehicle platforms, anticipated to commence in 2026.
- Acquisition Strategy: VisionWave completed the acquisition of Solar Drone Ltd., involving 1.8 million shares of common stock, which will enhance its competitiveness in both defense and solar operations markets, supporting its multi-domain autonomy strategy.
See More
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Previous Purchase by Kurzius: Prior to this transaction, Kurzius bought shares worth $211,000 at a price of $10.55 each within the last year.
Science Applications International Insider Purchase: EVP and CFO Prabu Natarajan acquired 2,000 shares of Science Applications International for $200,976 at $100.49 each, with the stock up 2.4% on Wednesday.
Previous Purchase by Natarajan: Natarajan had previously purchased shares worth $219,098 at a price of $109.55 each in the past year.
See More
