Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
5.28
-0.35 (-6.22%)
At close: Oct 30, 2026, 4:00 PM EDT
5.35
+0.07 (1.33%)
After-hours: Oct 30, 2026, 7:30 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 $14.6. The average 1-year stock price forecast is 176.52% higher than the current stock price, while the lowest is $11 (+108.33%) and the highest is $20 (+278.79%).
Price Target: $14.6 (+176.52%)
Analyst Consensus: Strong Buy
Price Target
Chart* Price targets were last updated on Aug 12, 2026.
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '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 | +108.33% | Aug 12, 2026 |
Unknown Analyst Oppenheimer No rating | Oppenheimer | Buy Maintains $14 → $13 | Buy | Maintains | $14 → $13 | +146.21% | Aug 12, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $15 | Buy | Maintains | $15 | +184.09% | Aug 12, 2026 |
| Raymond James | Raymond James | Buy Maintains $14 → $22 | Buy | Maintains | $14 → $22 | +316.67% | Jul 16, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $20 | Buy | Reiterates | $20 | +278.79% | Jul 15, 2026 |
Financial Forecast
Revenue This Year
70.33M
from 63.83M
Increased by 10.18%
Revenue Next Year
100.57M
from 70.33M
Increased by 43.01%
EPS This Year
0.08
from 0.08
Decreased by -2.09%
EPS Next Year
0.27
from 0.08
Increased by 249.80%
EPS and Forward PE are based on non-GAAP adjusted numbers.