Electrovaya Inc. ELVA
At closeNov 3, 2026, 4:48 PM EST
After hours · Nov 3, 4:48 PM ET
- YTD
- -33.80%
- 1 year
- -18.03%
- Market cap
- 261.49M
- Revenue (ttm)
- 49.49M
- Profit margin
- 1.20%
- EPS (ttm)
- 0.10
- Shares out
- 40.09M
- P/E ratio
- 52.30
- Forward P/E
- 18.08
- YTD return
- -33.80%
- 1-year return
- -18.03%
- Volume
- 289.30K
- Avg volume
- 480.31K
- Open
- 5.31
- Previous close
- 5.27
- Day's range
- 5.18 – 5.58
- 52-week range
- 4.10 – 12.78
- Beta
- 1.38
- Analysts
- Strong Buy
- Price target
- 6.00 (+14.7%)
- Earnings date
- Feb 11, 2025
2Y +3.13 (+149.05%)
Key statistics
- Enterprise value
- 116.88M
- PEG ratio
- 0.00
- Price / sales
- 1.76
- Price / book
- 9.73
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -3.00%
- Free cash flow
- -620.13K
- Total cash
- 534.00K
- Total debt
- 20.14M
- Return on equity
- 8.70%
- Short % of float
- 0.00%
- 50-day average
- 2.34
- 200-day average
- 2.65
Analyst view
Consensus: strong buy
- Target (low)
- 4.00
- Target (mean)
- 6.00
- Target (high)
- 10.00
- Strong buy2
- Buy3
- Hold0
- Sell0
- Strong sell0
Next earnings
Feb 11, 2025
Expected Feb 11, 2025. Consensus EPS estimate -0.02.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 11, 2025 | Dec 1, 2024 | 0.00 | — | — | — |
| Dec 12, 2024 | Sep 1, 2024 | -0.01 | 0.00 | — | — |
| Aug 13, 2024 | Jun 1, 2024 | 0.05 | — | — | — |
| Aug 13, 2024 | Jun 1, 2024 | 0.05 | -0.01 | -0.06 | -120.00% |
| May 14, 2024 | Mar 1, 2024 | 0.03 | — | — | — |
| May 14, 2024 | Mar 1, 2024 | 0.03 | -0.02 | -0.05 | -166.67% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 13, 2024 | HC Wainwright & Co. | main | Buy | Buy |
| Sep 26, 2024 | Alliance Global Partners | init | — | Buy |
| Aug 14, 2024 | Craig-Hallum | main | Buy | Buy |
| Aug 14, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| Jun 14, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| May 15, 2024 | Craig-Hallum | main | Buy | Buy |
About Electrovaya Inc.
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including 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 competencies in 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.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Country
- Canada
- Website
- electrovaya.com
News
Conestoga Micro Cap Composite: Q3 2026 Leaders, Laggards, Buys And Sells 
Strength Seen in Electrovaya Inc. (ELVA): Can Its 10.2% Jump Turn into More Strength? 
Energy Focus (NASDAQ:EFOI) versus Electrovaya (NASDAQ:ELVA) Head-To-Head Survey 
Electrovaya's 2026 Outlook: Scaling Manufacturing to Support New Data Center Energy Storage 
Electrovaya Narrows FY2026 Sales Guidance from $70.000M-$73.000M to $71.000M vs $71.053M Est 
Electrovaya Provides a Business Update 
Electrovaya (NASDAQ:ELVA) vs. American Battery Technology (NASDAQ:ABAT) Financial Analysis 
Electrovaya Targets Data Centers, Defense as Jamestown Battery Plant Nears 2027 Launch 
Electrovaya Commences Factory Acceptance Testing of Cell Manufacturing Line for Jamestown Cell Manufacturing Facility 
Electrovaya: A Bad Case Of Overpromising And Underdelivering - Sell
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Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| AIGH Capital Management LLC | 6.11% | 2,447,626 | 5.31M | Sep 29, 2024 |
| Herald Investment Management Ltd | 0.62% | 250,000 | 542.50K | Sep 29, 2024 |
| Wealthtrust Axiom, LLC | 0.15% | 59,900 | 129.98K | Sep 29, 2024 |
| Toronto Dominion Bank | 0.06% | 23,600 | 51.21K | Sep 29, 2024 |
| Geode Capital Management, LLC | 0.04% | 14,709 | 31.92K | Sep 29, 2024 |
| National Bank of Canada/FI | 0.02% | 7,520 | 16.32K | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Fidelity NASDAQ Composite Index Fund | 0.04% | 14,709 | 31.92K | Oct 30, 2024 |
| Dimensional ETF Tr-Dimensional International Core Equity 2 ETF | 0.01% | 2,600 | 5.64K | Jul 30, 2024 |
| Tidal Tr II-Carbon Collective Climate Solutions U.S. Equity ETF | 0.00% | 1,083 | 2.35K | Jul 30, 2024 |