Electrovaya Inc. (ELVA)

Market Cap	86.44M
Revenue (ttm)	44.62M
Net Income (ttm)	-1.49M
Shares Out	39.31M
EPS (ttm)	-0.04
PE Ratio	n/a
Forward PE	37.91
Dividend	n/a
Ex-Dividend Date	n/a

Volume	103,060
Open	2.110
Previous Close	2.110
Day's Range	2.110 - 2.220
52-Week Range	1.670 - 4.580
Beta	1.38
Analysts	Strong Buy
Price Target	7.25 (+232.57%)
Earnings Date	Dec 12, 2024

About ELVA

Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. The company operates infinity battery cells technology comprising of low and high voltage systems. It also operates solid state battery technology. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 1996
• Employees: 97
• Stock Exchange: NASDAQ
• Ticker Symbol: ELVA
• Website: https://electrovaya.com

Financial Performance

In 2024, Electrovaya's revenue was $44.62 million, an increase of 1.26% compared to the previous year's $44.06 million. Losses were -$1.49 million, 0.41% more than in 2023.

Analyst Forecast

According to 4 analysts, the average rating for ELVA stock is "Strong Buy." The 12-month stock price forecast is $7.25, which is an increase of 232.57% from the latest price.

Price Target

$7.25

(232.57% upside)

Analyst Consensus: Strong Buy