Electrovaya Inc. (TSX:ELVA)
Canada · Delayed Price · Currency is CAD 12.80
-1.55 (-10.80%)
Jul 22, 2026, 4:00 PM 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 $12.80. The average 1-year stock price forecast is the same as the current stock price, while the lowest is $11.33 (-11.48%) and the highest is $14.27 (+11.48%).
Price Target: $12.80 (0.00%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '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 |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $19.67 → $30.91 | Buy | Maintains | $19.67 → $30.91 | +141.48% | Jul 16, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $21.07 | Buy | Maintains | $21.07 | +64.64% | Jul 16, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jul 16, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $28.10 | Buy | Reiterates | $28.10 | +119.53% | Jul 15, 2026 |
| Seaport Global | Seaport Global | Buy Maintains $12.64 → $15.45 | Buy | Maintains | $12.64 → $15.45 | +20.74% | Mar 1, 2026 |
Financial Forecast
Revenue This Year
82.00M
from 63.83M
Increased by 28.47%
Revenue Next Year
123.68M
from 82.00M
Increased by 50.82%
EPS This Year
0.13
from 0.08
Increased by 57.50%
EPS Next Year
0.34
from 0.13
Increased by 169.84%
EPS and Forward PE are based on non-GAAP adjusted numbers.