EVLV vs PL vs NEON Stock Comparison

Evolv Technologies Holdings, Planet Labs PBC and Neonode Prices as of Oct 26, 2026 Peers: Industry group
PL Planet Labs PBC
$13.77 -21.0% 1M +1.2% 1Y
Market cap
$5.22B
P/E
–
Revenue (TTM)
$378.28M
Div. yield
–
Computer Vision Technology
4 wins
NEON Neonode Inc.
$0.74 -19.6% 1M -77.5% 1Y
Market cap
$11.92M
P/E
1.5x
Revenue (TTM)
$2.04M
Div. yield
–
Computer Vision Technology
2 wins

Head to Head

7 decided of 12

Planet Labs PBC leads on 4 of the 12 questions below (Planet Labs PBC 4, Neonode 2, Evolv Technologies Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEVLVPLNEONLeader
Larger companyMarket capitalisation $823.97M $5.22B $11.92M PL
Cheaper on earningsLower P/E, profitable companies only -157.8x -14.5x 1.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +41.7% +44.1% -21.7% PL
More profitableNet margin, trailing twelve months -3.0% -95.1% 398.1% NEON
Better return on capitalReturn on invested capital -23.8% — — –
Less leveragedLower net debt / EBITDA 4.1x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -46.3% +1.2% -77.5% PL
Better 5-year returnAnnualised price return, 5 years -4.6%/yr +6.7%/yr -38.1%/yr PL
Less volatileAnnualised volatility, 1 year 51.2% 91.7% 73.0% EVLV
Higher overall scoreMean of the five percentile scores vs peers 54/100 36/100 65/100 NEON

Percentile Scorecard

EVLVPLNEON

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEVLVPLNEON
Valuation 59 #52 of 124 35 #81 of 124 76 #31 of 124
Growth 99 #2 of 113 46 #62 of 113 35 #74 of 113
Profitability 51 #55 of 110 38 #69 of 110 64 #40 of 110
Financial Health 31 #90 of 129 45 #71 of 129 86 #19 of 129
Shareholder Returns 32 #46 of 67 15 #57 of 67 –
Overall 54 36 65
  • EVLV ranked among 137 companies in Infrastructure Software
  • PL ranked among 137 companies in Infrastructure Software
  • NEON ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEVLVPLNEONSPY
1 month -7.7%-21.0%-19.6% -0.8%
3 months -18.9%-34.4%-3.9% +3.5%
6 months -33.3%-61.2%-55.2% +7.0%
Year to date -38.3%-30.2%-57.5% +12.2%
1 year -46.3%+1.2%-77.5% +13.0%
3 years +14.8%+565.2%-35.7% +86.3%
3 years, per year +4.7%+88.2%-13.7% +23.1%
5 years -20.9%+38.0%-90.9% +68.6%
5 years, per year -4.6%+6.7%-38.1% +11.0%
10 years ——-94.4% +258.0%
10 years, per year ——-25.0% +13.6%

Risk

MeasureEVLVPLNEONSPY
Volatility, 1Y 51.2%91.7%73.0% 12.7%
Downside volatility, 1Y 54.9%82.3%81.5% 12.7%
Beta vs S&P 500, 1Y 1.312.642.43 1.00
Return / volatility, 1Y -0.900.01-1.06 1.02
Max drawdown, 5Y -77.9%-85.7%-97.5% -25.4%
From 52-week high -45.8%-73.2%-77.1% -1.8%
52-week high $8.15$51.40$3.23 $779.14
52-week low $4.05$11.16$0.74 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEVLVPLNEON
P/E now vs peer median -152.5xmedian 38.1x -13.8xmedian 38.1x 1.5xmedian 38.1x
P/S now vs peer median 4.7xmedian 4.3x 13.2xmedian 4.3x 6.1xmedian 4.3x
EV/EBITDA now vs peer median -93.4xmedian 35.4x -68.3xmedian 35.4x -1.3xmedian 35.4x
P/FCF now vs peer median -2,245xmedian 27.1x 203.0xmedian 27.1x -1.1xmedian 27.1x
P/B now vs peer median 6.7xmedian 3.4x 8.9xmedian 3.4x 0.6xmedian 3.4x
PEG now vs peer median -2.22median 1.27 0.62median 1.27 0.03median 1.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEVLVPLNEON
Revenue $171.44M $378.28M $2.04M
Gross profit $85.49M $209.65M $2.02M
Operating income -$35.60M -$102.74M $7.05M
Net income -$5.22M -$359.87M $8.13M
Free cash flow -$356.00K $24.67M -$11.28M
R&D $22.69M $128.10M $3.64M
EPS (diluted) $-0.03 $-1.00 $0.48
Cash & equivalents $52.70M $415.13M $21.32M
Total debt $28.74M – –
Shares (diluted) 180.10M 359.59M 16.78M
Enterprise value $575.01M $2.31B -$69.57M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEVLVPLNEON
P/E -152.5x -13.8x 1.5x
P/FCF -2,245x 203.0x -1.1x
P/Operating cash flow 28.7x 42.6x -1.1x
P/S 4.7x 13.2x 6.1x
P/B 6.7x 8.9x 0.6x
P/Tangible book 6.7x 9.3x 0.6x
EV/EBITDA -93.4x -68.3x -1.3x
EV/EBIT -21.5x -40.3x -1.3x
EV/Revenue 4.5x 11.0x -4.4x
EV/FCF -2,150x 167.9x 0.8x
EV/Operating cash flow 27.5x 35.2x 0.8x
PEG (3Y EPS CAGR) -2.22 0.62 0.03

Growth

14 metrics
MetricEVLVPLNEON
Revenue growth (1Y) 41.7% 44.1% -21.7%
Revenue CAGR (3Y) 31.0% 21.8% -28.3%
Gross profit growth (1Y) 25.9% 35.6% -19.8%
Gross profit CAGR (3Y) 95.6% 24.6% -25.2%
Operating income growth (1Y) 49.1% -24.2% 200.7%
Operating income CAGR (3Y) 29.1% 16.0% 48.9%
Net income growth (1Y) 94.1% -297.8% 228.3%
Net income CAGR (3Y) 66.8% -33.7% 53.3%
EPS growth (1Y) 94.6% -236.5% 228.3%
EPS CAGR (3Y) 68.8% -22.3% 52.1%
Operating cash flow growth (1Y) 334.7% 41.9% -100.8%
Operating cash flow CAGR (3Y) 42.6% 55.8% -42.0%
Free cash flow growth (1Y) 98.1% -30.0% -101.8%
Free cash flow CAGR (3Y) 83.1% 31.4% -42.3%

Profitability

14 metrics
MetricEVLVPLNEON
Gross margin 49.9% 55.4% 98.8%
EBITDA margin -4.8% -16.0% 348.6%
Operating margin -20.8% -27.2% 345.6%
Pretax margin -3.1% -93.8% 383.2%
Net margin -3.0% -95.1% 398.1%
FCF margin -0.2% 6.5% -552.8%
Operating cash flow margin 16.2% 31.1% -548.4%
Return on equity -4.4% -71.4% 37.2%
Return on assets -1.7% -26.8% 33.5%
Return on invested capital -23.8% – –
Return on capital employed -20.2% -10.4% 31.8%
Asset turnover 0.6x 0.3x 0.1x
Cash conversion (OCF / net income) -5.3x -0.3x -1.4x
Stock comp / revenue 13.5% 16.5% –

Financial Health

11 metrics
MetricEVLVPLNEON
Debt / assets 9.5% – –
Debt / equity 0.2x – –
Net debt / EBITDA 4.1x – –
Debt / FCF -80.7x – –
Liabilities / assets 60.6% 60.6% 12.2%
Equity / assets 39.4% 39.4% 87.8%
Interest coverage -9.7x -18.7x –
Current ratio 1.2x 2.8x 10.9x
Quick ratio 0.8x 2.6x 10.6x
Cash ratio 0.5x 2.5x 10.3x
Altman Z-score 1.02 2.47 -8.31

Shareholder Returns

7 metrics
MetricEVLVPLNEON
Dividend yield – – –
Net buyback yield -0.7% -5.3% –
Shareholder yield -0.7% -5.3% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEVLVPLNEON
EPS, next fiscal year $-0.09FY2026 $-0.05FY2026 $-0.37FY2026
EPS growth, next FY – – -177.1%FY2026
Revenue, next fiscal year $193.69MFY2026 $413.71MFY2026 $3.71MFY2026
Revenue growth, next FY +32.7%FY2026 +34.4%FY2026 +76.7%FY2026
Revenue growth, the year after +19.3% +41.2% +26.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEVLVPLNEON
Held by institutions 67.2% 74.2% 11.6%
Institutions holding 256 480 51
Change in shares held, QoQ +2.2% +6.1% -35.0%
Institutions buying 132 270 25
Institutions selling 68 161 24
Buyers to sellers 1.94 1.68 1.04

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EVLVPLNEON
EVLV 1.00 0.24 0.26
PL 0.24 1.00 0.18
NEON 0.26 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EVLV, PL and NEON?

Planet Labs PBC (PL) is the largest by market capitalisation: Evolv Technologies Holdings (EVLV) $823.97M, Planet Labs PBC (PL) $5.22B, Neonode (NEON) $11.92M.

Which company is growing faster?

Planet Labs PBC (PL) grew revenue fastest over the trailing twelve months: Evolv Technologies Holdings (EVLV) +41.7%, Planet Labs PBC (PL) +44.1%, Neonode (NEON) -21.7%.

Which company is more profitable?

Neonode (NEON) has the highest net margin (Evolv Technologies Holdings (EVLV) -3.0%, Planet Labs PBC (PL) -95.1%, Neonode (NEON) 398.1%).

Which stock has performed better?

Over the past year Planet Labs PBC (PL) returned the most: Evolv Technologies Holdings (EVLV) -46.3%, Planet Labs PBC (PL) +1.2%, Neonode (NEON) -77.5%. Over five years, Planet Labs PBC (PL) compounded fastest (Evolv Technologies Holdings (EVLV) -4.6%/yr, Planet Labs PBC (PL) +6.7%/yr, Neonode (NEON) -38.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Evolv Technologies Holdings (EVLV) has been the steadiest (Evolv Technologies Holdings (EVLV) 51.2%, Planet Labs PBC (PL) 91.7%, Neonode (NEON) 73.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EVLV, PL and NEON?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Planet Labs PBC (PL) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.