Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
9.76
+0.09 (0.93%)
At close: Jun 26, 2026, 4:00 PM EDT
9.95
+0.19 (1.95%)
After-hours: Jun 26, 2026, 7:34 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 $14.8. The average 1-year stock price forecast is 51.64% higher than the current stock price, while the lowest is $11 (+12.70%) and the highest is $20 (+104.92%).
Price Target: $14.8 (+51.64%)
Analyst Consensus: Strong Buy
Analyst 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '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 |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Buy Reiterates $12 → $20 | Buy | Reiterates | $12 → $20 | +104.92% | Jun 5, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Maintains $14 | Buy | Maintains | $14 | +43.44% | May 15, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Reiterates $10 → $15 | Buy | Reiterates | $10 → $15 | +53.69% | May 15, 2026 |
| Seaport Global | Seaport Global | Buy Maintains $9 → $11 | Buy | Maintains | $9 → $11 | +12.70% | Mar 1, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $14 | Buy | Maintains | $14 | +43.44% | Feb 13, 2026 |
Financial Forecast
Revenue This Year
83.20M
from 63.83M
Increased by 30.36%
Revenue Next Year
123.19M
from 83.20M
Increased by 48.07%
EPS This Year
0.13
from 0.08
Increased by 60.41%
EPS Next Year
0.36
from 0.13
Increased by 177.41%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 85.4M | ||
| Avg | 83.2M | ||
| Low | 80.8M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 33.8% | ||
| Avg | 30.4% | ||
| Low | 26.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.19 | ||
| Avg | 0.13 | ||
| Low | 0.09 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 137.5% | ||
| Avg | 60.4% | ||
| Low | 12.5% |