Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
7.98
-0.64 (-7.42%)
At close: Mar 13, 2026, 4:00 PM EDT
7.94
-0.04 (-0.50%)
After-hours: Mar 13, 2026, 6:42 PM EDT
Electrovaya Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Electrovaya stock has a target of 14, which predicts a 75.44% increase from the current stock price of 7.98.
Price Target: $14 (+75.44%)
Analyst Consensus: Buy
* Price targets were last updated on Dec 18, 2025.
Analyst Ratings
According to 1 stock analyst, the rating for Electrovaya is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 3 | 3 | 3 | 0 |
| Buy | 0 | 0 | 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 | 5 | 5 | 4 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $14 | Buy | Initiates | $14 | +75.44% | Dec 18, 2025 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $4 → $5 | Strong Buy | Reiterates | $4 → $5 | -37.34% | Feb 14, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +25.31% | Feb 14, 2025 |
| Raymond James | Raymond James | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | -43.61% | Jan 23, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $16 → $10 | Strong Buy | Maintains | $16 → $10 | +25.31% | Dec 13, 2024 |
Financial Forecast
Revenue This Year
85.48M
from 63.83M
Increased by 33.92%
Revenue Next Year
134.08M
from 85.48M
Increased by 56.86%
EPS This Year
0.15
from 0.08
Increased by 82.75%
EPS Next Year
0.42
from 0.15
Increased by 186.05%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 88.6M | 157.5M | |||
| Avg | 85.5M | 134.1M | |||
| Low | 81.3M | 119.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 38.8% | 84.3% | |||
| Avg | 33.9% | 56.9% | |||
| Low | 27.4% | 39.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 0.22 | 0.63 | |||
| Avg | 0.15 | 0.42 | |||
| Low | 0.11 | 0.28 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 175.6% | 330.9% | |||
| Avg | 82.7% | 186.1% | |||
| Low | 34.8% | 94.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.