Electrovaya Inc. (ELVA)
| Market Cap | 522.06M +397.2% |
| Revenue (ttm) | 68.21M +56.1% |
| Net Income | 4.82M |
| EPS | 0.10 |
| Shares Out | 42.63M |
| PE Ratio | 107.50 |
| Forward PE | 72.47 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 827,961 |
| Open | 10.57 |
| Previous Close | 10.55 |
| Day's Range | 10.35 - 11.23 |
| 52-Week Range | 2.75 - 11.88 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 14.00 (+25.45%) |
| Earnings Date | May 14, 2026 |
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. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge th... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to one analyst, the rating for ELVA stock is "Buy" and the 12-month stock price target is $14.0.
News
Electrovaya Earnings Call Transcript: Q2 2026
Q2 2026 saw 20% revenue growth and margin expansion despite supply chain delays. Robotics and energy storage segments are accelerating, with Jamestown facility expansion on track and strong liquidity supporting growth. Underlying demand remains robust amid macro uncertainty.
Electrovaya Reports Fiscal Year Q2 2026 Results
Quarterly Revenue of $18M up 20%YoY; Adjusted EBITDA1 of 2.8$M, up 41% YoY, and Net Profit of $1M ($0.02/share) Commercial Robotics Shipments Underway; Energy Storage Systems Initiative Advances with ...
Electrovaya Announces Date for Q2-2026 Financial Results & Conference Call
TORONTO, ON / ACCESS Newswire / May 6, 2026 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its ...
Electrovaya Launches New Line of Lithium-Ion Battery Systems for Class III Material Handling Vehicles
New product family that will power "Walkie Pallet Jack" Class III Material Handling Vehicles will be on display at MODEX 2026 TORONTO, ON / ACCESS Newswire / April 13, 2026 / Electrovaya Inc. ("Electr...
Electrovaya collaborates on U.S. Department of Energy-funded project
Electrovaya (ELVA) announced its participation in a U.S. Department of Energy funded project led by Binghamton University to develop and demonstrate a next-generation energy storage system for critica...
Electrovaya Collaborates on U.S. Department of Energy-Funded Project to Advance Energy Storage for Critical Infrastructure
Project to demonstrate advanced battery system for data center applications, enhancing grid resilience and enabling efficient peak demand management TORONTO, ON / ACCESS Newswire / April 2, 2026 / Ele...
Electrovaya management to meet with Oppenheimer
Meeting to be held on March 26 hosted by Oppenheimer.
Electrovaya achieves UL 2580 certification for high-voltage battery systems
Electrovaya (ELVA) completed UL2580 safety certification for six models of its next-generation high-voltage lithium-ion battery systems. These systems are designed for integrated material handling veh...
Electrovaya Achieves First UL 2580 Certification for High-Voltage Batter Systems in Its Class
Likely the first Company to achieve this level of certification for high voltage vehicular battery systems in its target segment, further strengthening its leadership in heavy-duty, mission critical a...
Electrovaya Transcript: Status update
Strong financial performance and expansion plans are supported by proprietary battery technology focused on safety and longevity. The Jamestown gigafactory is on track for 2027, targeting high-margin, mission-critical applications and leveraging strategic partnerships.
Electrovaya Announces Results of Annual Meeting of Shareholders
TORONTO, ONTARIO / ACCESS Newswire / March 2, 2026 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA),a lithium-ion battery technology and manufacturing company, is pleased to...
Electrovaya To Host Investor Webcast on March 5, 2026
TORONTO, ON / ACCESS Newswire / February 26, 2026 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that it will host an i...
Electrovaya receives $10.5M purchase order
Electrovaya (ELVA) announced the receipt of new purchase orders totaling approximately $10.5 million through its OEM sales channel.These orders are for a Fortune 500 U.S.-based customer and cover Elec...
Electrovaya Receives $10.5 Million P.O from Fortune 500 Customer
TORONTO, ON / ACCESS Newswire / February 24, 2026 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today...
Electrovaya price target raised to $10 from $7 at Roth Capital
Roth Capital raised the firm’s price target on Electrovaya (ELVA) to $10 from $7 and keeps a Buy rating on the shares. The commissioning of cell production at Electrovaya’s Jamestown,
Electrovaya Earnings Call Transcript: Q1 2026
Q1 2026 saw 39% revenue growth, improved margins, and continued profitability, driven by strong performance in material handling and expansion into robotics and defense. Guidance for 30% revenue growth is reaffirmed, with upside potential from new verticals and product launches.
Electrovaya reports Q1 EPS 2c, consensus 1c
Reports Q1 revenue $15.55M, consensus $16.71M. Reports Q1 adjusted EBITDA $2M vs. $500,000 last year. “The first quarter of our fiscal year is typically a lower revenue-generating period due to
Electrovaya sees FY26 revenue over $83M, consensus $84.26M
The company said, “We are moving into Q2 FY2026 and beyond with a strong balance sheet and capital to invest in continued technology development and support organic growth. We continue
Electrovaya Reports Fiscal Year Q1 2026 Results
Quarterly Revenue of $15.5M up 39% YoY; Adjusted EBITDA1 of $2M, up 265% YoY, and Net Profit of $1M ($0.02/share) Strong Progress with the development of ultra-high rate charging cell and system techn...
Electrovaya Announces Date for Q1-2026 Financial Results & Conference Call
TORONTO, ONTARIO / ACCESS Newswire / February 5, 2026 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and re...
Three new option listings and one option delisting on February 4th
New option listings for February 4th include Electrovaya Inc. – Common Shares (ELVA), IsoEnergy Ltd. (ISOU), and Nine Energy Service Inc (NINEQ). Option delistings effective February 4th include Nine ...
Electrovaya chairman exercises warrants to acquire common shares
Electrovaya (ELVA) announces that Dr. Sankar Das Gupta, a director and Chairman of the Board of Directors of Electrovaya, exercised 1,420,000 warrants to purchase common share at an exercise price
Sankar Das Gupta Exercises Warrants to Acquire Common Shares of Electrovaya Inc.
TORONTO, ONTARIO / ACCESS Newswire / January 20, 2026 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that Dr. Sankar Das Gupt...
Electrovaya initiated with an Outperform at Oppenheimer
Oppenheimer initiated coverage of Electrovaya (ELVA) with an Outperform rating and $14 price target The firm says Electrovaya is a leading battery technology platform with “defensible” intellectual pr...
Electrovaya price target raised to $9.50 from $6 at Raymond James
Raymond James raised the firm’s price target on Electrovaya (ELVA) to $9.50 from $6 and keeps a Strong Buy rating on the shares. The firm continues to believe that the