Electra Battery Materials Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Electra Battery Materials stock has a consensus rating of "Strong Buy" and an average price target of $1.70. The average 1-year stock price forecast is 198.25% higher than the current stock price, while the lowest is $1.48 (+159.65%) and the highest is $2.06 (+261.40%).

Price Target: $1.70 (+198.25%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1.48	$1.70	$1.56	$2.06
Change	+159.65%	+198.25%	+173.68%	+261.40%

* Price targets were last updated on May 21, 2026.

Analyst Ratings

The average analyst rating for Electra Battery Materials 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	Oct '25	Nov '25	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	2	2	1	2
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	3	3	2	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Heiko Ihle H.C. Wainwright	H.C. Wainwright	Buy Reiterates $2	Buy	Reiterates	$2	+250.88%	May 21, 2026
Jake Sekelsky Alliance Global Partners	Alliance Global Partners	Buy Maintains $2.1 → $1.5	Buy	Maintains	$2.1 → $1.5	+163.16%	May 15, 2026

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

21.77M

EPS This Year

-0.25

from -0.82

EPS Next Year

-0.13

from -0.25

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	-
Operating Income	-18.35M	-15.75M	-13.35M	-13.18M	-16.40M	-15.83M
Net Income	-34.92M	12.55M	-64.67M	-29.45M	-133.47M	17.97M
EPS	-	-	-	-	-0.82	-0.25
Free Cash Flow	-6.30M	-35.88M	-35.03M	-18.65M	61.22M	-36.75M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	n/a
Avg	n/a
Low	n/a

Revenue Growth

Revenue Growth	2027	2028
High	-
Avg	-
Low	-

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.25
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-