Electrovaya Inc. (TSX:ELVA)
Canada · Delayed Price · Currency is CAD 10.18
-2.74 (-21.21%)
Aug 11, 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 $12.99, which predicts a 27.60% increase from the current stock price of 10.18.
Price Target: $12.99 (+27.60%)
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 |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jul 16, 2026 |
| Raymond James | Raymond James | Buy Maintains $19.51 → $30.65 | Buy | Maintains | $19.51 → $30.65 | +201.11% | Jul 16, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $20.90 | Buy | Maintains | $20.90 | +105.30% | Jul 16, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $27.87 | Buy | Reiterates | $27.87 | +173.74% | Jul 15, 2026 |
| Seaport Global | Seaport Global | Buy Maintains $12.54 → $15.33 | Buy | Maintains | $12.54 → $15.33 | +50.56% | Mar 1, 2026 |
Financial Forecast
Revenue This Year
71.57M
from 63.83M
Increased by 12.13%
Revenue Next Year
114.88M
from 71.57M
Increased by 60.52%
EPS This Year
0.07
from 0.08
Decreased by -16.66%
EPS Next Year
0.31
from 0.07
Increased by 357.48%
EPS and Forward PE are based on non-GAAP adjusted numbers.