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
The 5 analysts with 12-month price forecasts for Electrovaya stock have an average target of 14.8, with a low estimate of 11 and a high estimate of 20. The average target predicts an increase of 51.64% from the current stock price of 9.76.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Electrovaya stock from 6 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 | 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%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 85.4M | 150.0M | |
| Avg | 83.2M | 123.2M | |
| Low | 80.8M | 109.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 33.8% | 80.3% | |
| Avg | 30.4% | 48.1% | |
| Low | 26.6% | 31.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.19 | 0.60 | |
| Avg | 0.13 | 0.36 | |
| Low | 0.09 | 0.15 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 137.5% | 367.5% | |
| Avg | 60.4% | 177.4% | |
| Low | 12.5% | 16.9% |
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.