Electrovaya Inc. (TSX:ELVA)
Canada · Delayed Price · Currency is CAD 9.19
-0.05 (-0.54%)
Aug 31, 2026, 4:00 PM EST
Electrovaya Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Electrovaya stock have an average target of $12.93, which predicts a 40.70% increase from the current stock price of 9.19.
Price Target: $12.93 (+40.70%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Reiterates $19.45 → $15.28 | Buy | Reiterates | $19.45 → $15.28 | +66.27% | Aug 12, 2026 |
Unknown Analyst Oppenheimer No rating | Oppenheimer | Buy Maintains $19.45 → $18.06 | Buy | Maintains | $19.45 → $18.06 | +96.51% | Aug 12, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $20.84 | Buy | Maintains | $20.84 | +126.74% | Aug 12, 2026 |
| Raymond James | Raymond James | Buy Maintains $19.45 → $30.56 | Buy | Maintains | $19.45 → $30.56 | +232.55% | Jul 16, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $27.78 | Buy | Reiterates | $27.78 | +202.32% | Jul 15, 2026 |
Financial Forecast
Revenue This Year
71.15M
from 63.83M
Increased by 11.48%
Revenue Next Year
107.29M
from 71.15M
Increased by 50.78%
EPS This Year
0.06
from 0.08
Decreased by -20.00%
EPS Next Year
0.23
from 0.06
Increased by 255.47%
EPS and Forward PE are based on non-GAAP adjusted numbers.