Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
6.65
0.00 (0.00%)
At close: Aug 31, 2026, 4:00 PM EDT
6.74
+0.09 (1.34%)
After-hours: Aug 31, 2026, 7:47 PM EDT
Electrovaya Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Electrovaya stock has a consensus rating of "Strong Buy" and an average price target of $15. The average 1-year stock price forecast is 125.56% higher than the current stock price, while the lowest is $11 (+65.41%) and the highest is $20 (+200.75%).
Price Target: $15 (+125.56%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '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 Reiterates $14 → $11 | Buy | Reiterates | $14 → $11 | +65.41% | Aug 12, 2026 |
Unknown Analyst Oppenheimer No rating | Oppenheimer | Buy Maintains $14 → $13 | Buy | Maintains | $14 → $13 | +95.49% | Aug 12, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $15 | Buy | Maintains | $15 | +125.56% | Aug 12, 2026 |
| Raymond James | Raymond James | Buy Maintains $14 → $22 | Buy | Maintains | $14 → $22 | +230.83% | Jul 16, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $20 | Buy | Reiterates | $20 | +200.75% | Jul 15, 2026 |
Financial Forecast
Revenue This Year
71.15M
from 63.83M
Increased by 11.48%
Revenue Next Year
107.29M
from 71.15M
Increased by 50.78%
EPS This Year
0.06
from 0.08
Decreased by -20.00%
EPS Next Year
0.23
from 0.06
Increased by 255.47%
EPS and Forward PE are based on non-GAAP adjusted numbers.