Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
8.15
+0.81 (11.04%)
At close: Mar 4, 2026, 4:00 PM EST
8.09
-0.06 (-0.74%)
Pre-market: Mar 5, 2026, 5:52 AM EST
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 an increase of 71.78% from the current stock price of 8.15.
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 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 3 | 3 | 0 |
| Buy | 0 | 0 | 0 | 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 | 5 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $14 | Buy | Initiates | $14 | +71.78% | Dec 18, 2025 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $4 → $5 | Strong Buy | Reiterates | $4 → $5 | -38.65% | Feb 14, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +22.70% | Feb 14, 2025 |
| Raymond James | Raymond James | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | -44.79% | Jan 23, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $16 → $10 | Strong Buy | Maintains | $16 → $10 | +22.70% | Dec 13, 2024 |
Financial Forecast
Revenue This Year
85.88M
from 63.83M
Increased by 34.56%
Revenue Next Year
130.21M
from 85.88M
Increased by 51.61%
EPS This Year
0.15
from 0.08
Increased by 87.01%
EPS Next Year
0.32
from 0.15
Increased by 115.91%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 89.7M | 157.5M | |||
| Avg | 85.9M | 130.2M | |||
| Low | 81.3M | 114.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 40.5% | 83.4% | |||
| Avg | 34.6% | 51.6% | |||
| Low | 27.4% | 32.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 0.23 | 0.38 | |||
| Avg | 0.15 | 0.32 | |||
| Low | 0.10 | 0.27 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 188.8% | 152.7% | |||
| Avg | 87.0% | 115.9% | |||
| Low | 22.5% | 83.4% |
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.