tiprankstipranks
Electrovaya Inc. (ELVA)
NASDAQ:ELVA
US Market
ELVA
Electrovaya
RESEARCH TOOLSreports

Electrovaya (ELVA) Stock Forecast & Price Target

251 Followers
See the Price Targets and Ratings of:

ELVA Analyst Ratings

Strong Buy
5Ratings
Strong Buy
5 Buy
0 Hold
0 Sell
Based on 5 analysts giving stock ratings to
Electrovaya
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

ELVA Stock 12 Month Forecast

Average Price Target

$16.20
▲(94.48% Upside)
Based on 5 Wall Street analysts offering 12 month price targets for Electrovaya in the last 3 months. The average price target is $16.20 with a high forecast of $22.00 and a low forecast of $11.00. The average price target represents a 94.48% change from the last price of $8.33.
{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"3":"$3","8":"$8","13":"$13","18":"$18","23":"$23"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":22,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">$22.00</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":16.2,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">$16.20</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":11,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">$11.00</span>\n  </div></div>","useHTML":true}}],"tickPositions":[3,8,13,18,23],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Nov<br/>2025","6":"Feb<br/>2026","9":"May<br/>2026","12":"Aug<br/>2026","25":"Aug<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,8.22,9.280000000000001,10.34,11.4,12.46,13.520000000000001,14.580000000000002,15.64,16.700000000000003,17.76,18.82,19.880000000000003,20.94,{"y":22,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,8.22,8.833846153846155,9.447692307692307,10.061538461538461,10.675384615384615,11.28923076923077,11.903076923076924,12.516923076923076,13.13076923076923,13.744615384615384,14.358461538461537,14.972307692307691,15.586153846153845,{"y":16.2,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,8.22,8.433846153846154,8.647692307692308,8.861538461538462,9.075384615384616,9.28923076923077,9.503076923076923,9.716923076923077,9.930769230769231,10.144615384615385,10.358461538461539,10.572307692307692,10.786153846153846,{"y":11,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":4.86,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.76,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.95,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":6.47,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4.6,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.9,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.23,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.72,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.13,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":9.5,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.33,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":10.48,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.22,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}
Highest Price Target$22.00Average Price Target$16.20Lowest Price Target$11.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Oppenheimer Analyst forecast on ELVA
Unknown Analyst
Oppenheimer
Not Ranked
Oppenheimer
$14→$13
Buy
56.06%
Upside
Reiterated
08/12/26
Oppenheimer Sticks to Its Buy Rating for Electrovaya (ELVA)
Craig-Hallum Analyst forecast on ELVA
Eric Stine
Craig-Hallum
Craig-Hallum
$14→$11
Buy
32.05%
Upside
Reiterated
08/12/26
Electrovaya (ELVA) Receives a Buy from Craig-Hallum
H.C. Wainwright Analyst forecast on ELVA
Amit Dayal
H.C. Wainwright
H.C. Wainwright
$15
Buy
80.07%
Upside
Reiterated
08/12/26
Analysts Are Bullish on These Industrial Goods Stocks: Evolv Technologies Holdings (EVLV), Electrovaya (ELVA)
Raymond James Analyst forecast on ELVA
Daniel Magder
Raymond James
Raymond James
$14→$22
Buy
164.11%
Upside
Reiterated
07/16/26
Electrovaya price target raised to $22 from $14 at Raymond JamesElectrovaya price target raised to $22 from $14 at Raymond James
Roth MKM Analyst forecast on ELVA
Craig Irwin
Roth MKM
Roth MKM
$20
Buy
140.10%
Upside
Reiterated
07/15/26
Analysts Offer Insights on Industrial Goods Companies: Kawasaki Kisen Kaisha (Other OTC: KAKKF) and Electrovaya (NASDAQ: ELVA)
Seaport Global Analyst forecast on ELVA
Jeff Campbell
Seaport Global
Seaport Global
$9→$11
Buy
32.05%
Upside
Reiterated
03/01/26
Analysts' Top Industrial Goods Picks: Nordson (NDSN), Electrovaya (ELVA)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Oppenheimer Analyst forecast on ELVA
Unknown Analyst
Oppenheimer
Not Ranked
Oppenheimer
$14→$13
Buy
56.06%
Upside
Reiterated
08/12/26
Oppenheimer Sticks to Its Buy Rating for Electrovaya (ELVA)
Craig-Hallum Analyst forecast on ELVA
Eric Stine
Craig-Hallum
Craig-Hallum
$14→$11
Buy
32.05%
Upside
Reiterated
08/12/26
Electrovaya (ELVA) Receives a Buy from Craig-Hallum
H.C. Wainwright Analyst forecast on ELVA
Amit Dayal
H.C. Wainwright
H.C. Wainwright
$15
Buy
80.07%
Upside
Reiterated
08/12/26
Analysts Are Bullish on These Industrial Goods Stocks: Evolv Technologies Holdings (EVLV), Electrovaya (ELVA)
Raymond James Analyst forecast on ELVA
Daniel Magder
Raymond James
Raymond James
$14→$22
Buy
164.11%
Upside
Reiterated
07/16/26
Electrovaya price target raised to $22 from $14 at Raymond JamesElectrovaya price target raised to $22 from $14 at Raymond James
Roth MKM Analyst forecast on ELVA
Craig Irwin
Roth MKM
Roth MKM
$20
Buy
140.10%
Upside
Reiterated
07/15/26
Analysts Offer Insights on Industrial Goods Companies: Kawasaki Kisen Kaisha (Other OTC: KAKKF) and Electrovaya (NASDAQ: ELVA)
Seaport Global Analyst forecast on ELVA
Jeff Campbell
Seaport Global
Seaport Global
$9→$11
Buy
32.05%
Upside
Reiterated
03/01/26
Analysts' Top Industrial Goods Picks: Nordson (NDSN), Electrovaya (ELVA)
Stocks with the Highest Top Analyst Consensus in the Industrials Sector
AMPXAmprius Technologies Inc
QUBSFQantas Airways Limited
APGAPi Group
ARLOArlo Technologies
NVTnVent Electric
Find stocks in the Industrials sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Electrovaya

3 Months
Eric StineCraig-Hallum
Success Rate
19/29 ratings generated profit
66%
Average Return
+13.42%
Copying Eric Stine's trades and holding each position for 3 Months would result in 65.52% of your transactions generating a profit, with an average return of +13.42% per trade.
1 Year
Eric StineCraig-Hallum
Success Rate
14/29 ratings generated profit
48%
Average Return
+59.62%
Copying Eric Stine's trades and holding each position for 1 Year would result in 48.28% of your transactions generating a profit, with an average return of +59.62% per trade.
2 Years
Eric StineCraig-Hallum
Success Rate
20/29 ratings generated profit
69%
Average Return
+89.45%
Copying Eric Stine's trades and holding each position for 2 Years would result in 68.97% of your transactions generating a profit, with an average return of +89.45% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

ELVA Analyst Recommendation Trends

Rating
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
1
1
3
6
7
Buy
8
6
5
3
2
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
9
7
8
9
9
In the current month, ELVA has received 9 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. ELVA average Analyst price target in the past 3 months is 16.20.
Each month's total comprises the sum of three months' worth of ratings.

ELVA Financial Forecast

ELVA Earnings Forecast

Next quarter’s earnings estimate for ELVA is $0.05 with a range of $0.00 to $0.10. The previous quarter’s EPS was $0.01. ELVA beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 37.70% of the time in the same period. In the last calendar year ELVA has Performed in-line its overall industry.
Next quarter’s earnings estimate for ELVA is $0.05 with a range of $0.00 to $0.10. The previous quarter’s EPS was $0.01. ELVA beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 37.70% of the time in the same period. In the last calendar year ELVA has Performed in-line its overall industry.

ELVA Sales Forecast

Next quarter’s sales forecast for ELVA is $21.42M with a range of $18.70M to $28.87M. The previous quarter’s sales results were $17.81M. ELVA beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 67.07% of the time in the same period. In the last calendar year ELVA has Performed in-line its overall industry.
Next quarter’s sales forecast for ELVA is $21.42M with a range of $18.70M to $28.87M. The previous quarter’s sales results were $17.81M. ELVA beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 67.07% of the time in the same period. In the last calendar year ELVA has Performed in-line its overall industry.

ELVA Stock Forecast FAQ

What is ELVA’s average 12-month price target, according to analysts?
Based on analyst ratings, Electrovaya Inc.’s 12-month average price target is 16.20.
    What is ELVA’s upside potential, based on the analysts’ average price target?
    Electrovaya Inc. has 94.48% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is ELVA a Buy, Sell or Hold?
          Electrovaya Inc. has a consensus rating of Strong Buy which is based on 5 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Electrovaya Inc.’s price target?
            The average price target for Electrovaya Inc. is 16.20. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $22.00 ,the lowest forecast is $11.00. The average price target represents 94.48% Increase from the current price of $8.33.
              What do analysts say about Electrovaya Inc.?
              Electrovaya Inc.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.
                How can I buy shares of ELVA?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.