Head to Head Analysis: Evolv Technologies (NASDAQ:EVLV) & Hesai Group (NASDAQ:HSAI)

Evolv Technologies (NASDAQ:EVLV – Get Free Report) and Hesai Group (NASDAQ:HSAI – Get Free Report) are both small-cap technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, earnings and profitability.

Insider & Institutional Ownership

66.7% of Evolv Technologies shares are held by institutional investors. Comparatively, 48.5% of Hesai Group shares are held by institutional investors. 5.2% of Evolv Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility & Risk

Evolv Technologies has a beta of 1.75, suggesting that its share price is 75% more volatile than the S&P 500. Comparatively, Hesai Group has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500.

Earnings and Valuation

This table compares Evolv Technologies and Hesai Group”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Evolv Technologies $145.90 million 5.70 -$33.14 million ($0.03) -153.00
Hesai Group $432.94 million 3.93 $62.33 million $0.41 29.61

Hesai Group has higher revenue and earnings than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than Hesai Group, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Evolv Technologies and Hesai Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Evolv Technologies -3.05% -4.53% -1.72%
Hesai Group 14.77% 5.52% 4.47%

Analyst Recommendations

This is a summary of recent ratings and price targets for Evolv Technologies and Hesai Group, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolv Technologies 1 1 4 0 2.50
Hesai Group 0 1 2 1 3.00

Evolv Technologies presently has a consensus price target of $9.81, indicating a potential upside of 113.78%. Hesai Group has a consensus price target of $23.50, indicating a potential upside of 93.57%. Given Evolv Technologies’ higher probable upside, equities research analysts plainly believe Evolv Technologies is more favorable than Hesai Group.

Summary

Hesai Group beats Evolv Technologies on 9 of the 15 factors compared between the two stocks.

About Evolv Technologies

(Get Free Report)

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.

About Hesai Group

(Get Free Report)

Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is based in Shanghai, China.

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