Electrovaya Inc. (TSX:ELVA)
Canada · Delayed Price · Currency is CAD 15.40
-0.32 (-2.04%)
Jun 4, 2026, 9:40 AM EST
Electrovaya Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Electrovaya stock has a consensus rating of "Strong Buy" and an average price target of $12.60. The average 1-year stock price forecast is 18.18% lower than the current stock price, while the lowest is $11.15 (-27.60%) and the highest is $14.04 (-8.83%).
Price Target: $12.60 (-18.18%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Electrovaya stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Maintains $19.33 | Buy | Maintains | $19.33 | +25.53% | May 15, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $16.57 | Buy | Reiterates | $16.57 | +7.60% | May 15, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Reiterates $13.81 → $20.71 | Buy | Reiterates | $13.81 → $20.71 | +34.50% | May 15, 2026 |
| Seaport Global | Seaport Global | Buy Maintains $12.43 → $15.19 | Buy | Maintains | $12.43 → $15.19 | -1.37% | Mar 1, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $19.33 | Buy | Maintains | $19.33 | +25.53% | Feb 13, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.