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ELVA Stock Forecast 2025-2026
$3.10
Current Price
$122.33M
Market Cap
Buy 5
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to ELVA Price Targets
+222.6%
To High Target of $10.00
+93.5%
To Median Target of $6.00
+45.2%
To Low Target of $4.50
ELVA Price Momentum
+2.0%
1 Week Change
+16.1%
1 Month Change
+8.4%
1 Year Change
+25.0%
Year-to-Date Change
-9.9%
From 52W High of $3.44
+85.6%
From 52W Low of $1.67
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Latest ELVA Stock Price Targets & Analyst Predictions
Based on our analysis of 6 Wall Street analysts, ELVA has a bullish consensus with a median price target of $6.00 (ranging from $4.50 to $10.00). The overall analyst rating is Strong Buy (9.2/10). Currently trading at $3.10, the median forecast implies a 93.5% upside. This outlook is supported by 5 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Amit Dayal at HC Wainwright & Co., projecting a 222.6% upside. Conversely, the most conservative target is provided by Daniel Magder at Raymond James, suggesting a 45.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ELVA Analyst Ratings
5
Buy
0
Hold
0
Sell
ELVA Price Target Range
Low
$4.50
Average
$6.00
High
$10.00
Current: $3.10
Latest ELVA Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ELVA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Feb 14, 2025 | Roth MKM | Craig Irwin | Buy | Reiterates | $5.00 |
| Feb 14, 2025 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $10.00 |
| Jan 23, 2025 | Raymond James | Daniel Magder | Strong Buy | Initiates | $4.50 |
| Dec 13, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $10.00 |
| Sep 26, 2024 | Alliance Global Partners | Jeff Grampp | Buy | Initiates | $5.00 |
| Aug 14, 2024 | Craig-Hallum | Eric Stine | Buy | Maintains | $6.00 |
| Aug 14, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $16.00 |
| Jun 14, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $16.00 |
| May 15, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $16.00 |
| May 15, 2024 | Craig-Hallum | Eric Stine | Buy | Maintains | $9.00 |
| May 15, 2024 | Roth MKM | Craig Irwin | Buy | Maintains | $8.00 |
| Mar 26, 2024 | Roth MKM | Craig Irwin | Buy | Maintains | $8.00 |
| Mar 6, 2024 | Roth MKM | Craig Irwin | Buy | Initiates | $8.00 |
| Jan 4, 2024 | Craig-Hallum | Eric Stine | Buy | Maintains | $10.00 |
| Oct 26, 2023 | Seaport Global | Jeff Campbell | Buy | Initiates | $7.00 |
| Aug 16, 2023 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $16.00 |
Electrovaya Inc. (ELVA) Competitors
The following stocks are similar to Electrovaya based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Electrovaya Inc. (ELVA) Financial Data
Electrovaya Inc. has a market capitalization of $122.33M with a P/E ratio of 137.0x. The company generates $48.02M in trailing twelve-month revenue with a -0.1% profit margin.
Revenue growth is +40.4% quarter-over-quarter, while maintaining an operating margin of +9.3% and return on equity of -0.2%.
Valuation Metrics
Market Cap
$122.33M
Enterprise Value
$139.50M
P/E Ratio
137.0x
PEG Ratio
25.4x
Price/Sales
2.5x
Growth & Margins
Revenue Growth (YoY)
+40.4%
Gross Margin
+31.1%
Operating Margin
+9.3%
Net Margin
-0.1%
EPS Growth
N/A
Financial Health
Cash/Price Ratio
+0.2%
Current Ratio
3.9x
Debt/Equity
71.4x
ROE
-0.2%
ROA
+2.0%
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Electrovaya Inc. (ELVA) Business Model
About Electrovaya Inc.
What They Do
Manufactures advanced lithium-ion batteries for clean energy.
Business Model
The company designs, develops, and manufactures high-performance lithium-ion batteries, primarily targeting electric vehicles, stationary energy storage, and industrial applications. Electrovaya generates revenue by selling these battery solutions to clients in transportation, utilities, and commercial sectors, capitalizing on the growing demand for sustainable energy technologies.
Additional Information
Headquartered in Ontario, Canada, Electrovaya plays a significant role in the global transition to renewable energy, contributing to reduced carbon emissions and improved energy management. Its innovations are crucial for promoting greener transportation methods and supporting various industries in their electrification efforts.
Company Information
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
97
CEO
Dr. Rajshekar Das Gupta Ph.D.
Country
Canada
IPO Year
2001
Website
electrovaya.comElectrovaya Inc. (ELVA) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Electrovaya Inc. (ELVA) Q2 Earnings and Revenues Miss Estimates
Electrovaya Inc. (ELVA) delivered earnings and revenue surprises of -33.33% and 7.10%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
May 14, 2025
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Electrovaya Inc. (NASDAQ: ELVA) will hold its Q2 2025 earnings conference call on May 14, 2025, at 5:00 PM ET, featuring CEO Dr. Rajshekar DasGupta and CFO John Gibson.
Why It Matters
Electrovaya's upcoming earnings call may reveal key financial insights and operational updates, impacting investor sentiment and stock performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Electrovaya Inc. reported Q2 2025 revenue of $15.0M, up 40% y/y, with Adjusted EBITDA of $2.0M. The company reaffirmed its FY 2025 revenue guidance exceeding $60M. Net profit was $0.8M, EPS $0.02.
Why It Matters
Electrovaya's 40% revenue growth, consistent positive EBITDA, and reaffirmed fiscal guidance signal strong operational performance and growth potential, boosting investor confidence.
Source: Accesswire
Market Sentiment:
Neutral
Quick Summary
Electrovaya Inc. (ELVA) reported quarterly earnings of $0.02 per share, below the Zacks Consensus Estimate of $0.03, compared to a loss of $0.02 per share last year.
Why It Matters
Electrovaya's earnings miss signals potential operational challenges, affecting investor confidence and possibly leading to stock price volatility. Year-over-year comparison shows slight improvement.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Electrovaya has started battery system assembly at its Jamestown, NY facility, with plans to expand operations. Lithium-ion cell and module production is expected to begin in mid-2026.
Why It Matters
Electrovaya's new facility boosts production capacity, aligning with rising battery demand, enhancing revenue potential, and positioning the company for future growth in the energy sector.
Source: Accesswire
Market Sentiment:
Neutral
Quick Summary
Electrovaya Inc. (NASDAQ:ELVA) received the Make More in America Deal of the Year Award for its U.S. lithium-ion battery manufacturing efforts and secured a $51 million loan for facility construction.
Why It Matters
Electrovaya's award and funding highlight its growth potential and commitment to U.S. manufacturing, signaling strong prospects for revenue and market positioning in the lithium-ion battery sector.
Source: Accesswire
Market Sentiment:
Neutral
Quick Summary
Electrovaya Inc. (NASDAQ:ELVA) will release Q2 financial results on May 14, 2025, after market close, followed by a conference call at 5:00 p.m.
Why It Matters
Electrovaya's upcoming financial results and conference call could impact stock performance, revealing insights into its profitability and growth potential in the competitive battery market.
Source: Accesswire
Market Sentiment:
Neutral
Frequently Asked Questions About ELVA Stock
What is Electrovaya Inc.'s (ELVA) stock forecast for 2025?
Based on our analysis of 6 Wall Street analysts, Electrovaya Inc. (ELVA) has a median price target of $6.00. The highest price target is $10.00 and the lowest is $4.50.
Is ELVA stock a good investment in 2025?
According to current analyst ratings, ELVA has 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.10. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for ELVA stock?
Wall Street analysts predict ELVA stock could reach $6.00 in the next 12 months. This represents a 93.5% increase from the current price of $3.10. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Electrovaya Inc.'s business model?
The company designs, develops, and manufactures high-performance lithium-ion batteries, primarily targeting electric vehicles, stationary energy storage, and industrial applications. Electrovaya generates revenue by selling these battery solutions to clients in transportation, utilities, and commercial sectors, capitalizing on the growing demand for sustainable energy technologies.
What is the highest forecasted price for ELVA Electrovaya Inc.?
The highest price target for ELVA is $10.00 from Amit Dayal at HC Wainwright & Co., which represents a 222.6% increase from the current price of $3.10.
What is the lowest forecasted price for ELVA Electrovaya Inc.?
The lowest price target for ELVA is $4.50 from Daniel Magder at Raymond James, which represents a 45.2% increase from the current price of $3.10.
What is the overall ELVA consensus from analysts for Electrovaya Inc.?
The overall analyst consensus for ELVA is bullish. Out of 6 Wall Street analysts, 5 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $6.00.
How accurate are ELVA stock price projections?
Stock price projections, including those for Electrovaya Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: May 24, 2025 5:52 AM UTC