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Electrovaya (ELVA)
NASDAQ:ELVA
ELVA Stock Chart & Stats
$7.34
-$0.12(-4.58%)
At close: 4:00 PM EST
$7.34
-$0.12(-4.58%)
Day’s Range― - ―
52-Week Range$1.80 - $11.88
Previous Close$2.64
Volume82.55K
Average Volume (3M)657.85K
Market Cap
$386.13M
Enterprise Value$324.85M
Total Cash (Recent Filing)$25.07M
Total Debt (Recent Filing)$30.32M
Price to Earnings (P/E)79.8
Beta1.10
Next Earnings
May 14, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding47,513,920
10 Day Avg. Volume375,883
30 Day Avg. Volume657,854
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)7.39
Price to Sales (P/S)3.60
P/FCF Ratio-24.21
Enterprise Value/Market Cap0.84
Enterprise Value/Revenue4.76
Enterprise Value/Gross Profit15.59
Enterprise Value/Ebitda49.07
Forecast
1Y Price Target
$10.90Price Target Upside48.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.1
Revenue Forecast (FY)$61.92M
Bulls Say, Bears Say
Bulls Say
Balance Sheet And LiquidityAnalyst indicates equity financing materially strengthened the balance sheet and liquidity, enabling the company to fund capacity expansion and technology development plans.
EarningsAnalyst notes Electrovaya shifted from a net loss to net profit with expanding gross margins and operating profit, indicating improving business economics and enhanced profitability potential.
Order Backlog And Revenue VisibilityAnalyst highlights a substantial purchase order backlog that provides clear revenue visibility and supports expectations for sustained sales growth.
Bears Say
LeverageAnalyst warns that notable debt relative to cash may constrain financial flexibility and limit the pace of capital investment and strategic initiatives.
Electrovaya News
ELVA FAQ
What was Electrovaya’s price range in the past 12 months?
Electrovaya lowest stock price was $1.80 and its highest was $11.88 in the past 12 months.
What is Electrovaya’s market cap?
Electrovaya’s market cap is $386.13M.
When is Electrovaya’s upcoming earnings report date?
Electrovaya’s upcoming earnings report date is May 14, 2026 which is in 70 days.
How were Electrovaya’s earnings last quarter?
Electrovaya released its earnings results on Feb 12, 2026. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.014 by $0.006.
Is Electrovaya overvalued?
According to Wall Street analysts Electrovaya’s price is currently Undervalued.
Does Electrovaya pay dividends?
Electrovaya does not currently pay dividends.
What is Electrovaya’s EPS estimate?
Electrovaya’s EPS estimate is 0.01.
How many shares outstanding does Electrovaya have?
Electrovaya has 47,513,920 shares outstanding.
What happened to Electrovaya’s price movement after its last earnings report?
Electrovaya reported an EPS of $0.02 in its last earnings report, beating expectations of $0.014. Following the earnings report the stock price went down -11.429%.
Which hedge fund is a major shareholder of Electrovaya?
Currently, no hedge funds are holding shares in ELVA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Electrovaya Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$10.90 (48.50% Upside)
$10.90 (48.50% Upside)
Blogger Sentiment
Bullish
ELVA Sentiment 100%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
265.87%
12-Months-Change
Fundamentals
Return on Equity
12.00%
Trailing 12-Months
Asset Growth
121.75%
Trailing 12-Months
Company Description
Electrovaya
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
ELVA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a clear operational and financial improvement: revenue grew 39% year-over-year, gross margins expanded by 240 basis points, EBITDA rose 300%, and the company returned to sustained profitability and positive operating cash flow. Management showcased multiple commercial progress points (OEM deliveries, robotics, defense engagements), significant product development milestones (ultrafast charging cell, 800V systems, ceramic separator, solid-state scale-up), and active execution on the Jamestown manufacturing expansion supported by equity and Ex-Im funding. Key risks include higher total debt and upcoming Ex-Im interest payments, timing uncertainty for cell-level production in Jamestown (expected FY2027), extended pilot/qualification timelines in airport GSE and defense, and typical input cost/supply volatility. On balance, the positive operational and financial momentum and the strengthened liquidity and product pipeline outweigh the timing and funding risks disclosed.View all ELVA earnings summariesELVA Stock 12 Month Forecast
Average Price Target
$10.90
▲(48.50% Upside)
Technical Analysis
Eguana Technologies
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Tantalus Systems Holding
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Ownership Overview
26.22% Insiders
1.36% Mutual Funds
5.61% Other Institutional Investors
66.44% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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