Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
5.36
+0.10 (1.90%)
At close: Dec 5, 2025, 4:00 PM EST
5.40
+0.04 (0.75%)
After-hours: Dec 5, 2025, 7:27 PM EST
Electrovaya Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Electrovaya stock have an average target of 6.50, with a low estimate of 4.50 and a high estimate of 10. The average target predicts an increase of 21.27% from the current stock price of 5.36.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 14, 2025.
Analyst Ratings
The average analyst rating for Electrovaya stock from 3 stock analysts 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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 3 |
| 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 | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $4 → $5 | Strong Buy | Reiterates | $4 → $5 | -6.72% | Feb 14, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +86.57% | Feb 14, 2025 |
| Raymond James | Raymond James | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | -16.04% | Jan 23, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $16 → $10 | Strong Buy | Maintains | $16 → $10 | +86.57% | Dec 13, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | -6.72% | Sep 26, 2024 |
Financial Forecast
Revenue This Year
65.32M
from 44.62M
Increased by 46.40%
Revenue Next Year
95.42M
from 65.32M
Increased by 46.08%
EPS This Year
0.25
from -0.04
EPS Next Year
0.22
from 0.25
Decreased by -12.12%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 70.4M | 110.3M | ||||
| Avg | 65.3M | 95.4M | ||||
| Low | 60.4M | 83.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 57.7% | 68.8% | ||||
| Avg | 46.4% | 46.1% | ||||
| Low | 35.3% | 28.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 0.74 | 0.42 | ||||
| Avg | 0.25 | 0.22 | ||||
| Low | 0.07 | 0.12 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | - | 66.4% | ||||
| Avg | - | -12.1% | ||||
| Low | - | -53.4% |
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.