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Electrovaya (ELVA) Stock Forecast, Price Target & Predictions

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ELVA Stock Forecast

Electrovaya (ELVA) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $17.50, with a high of $22.00 and a low of $13.00. This represents a 167.58% increase from the last price of $6.54.

- $5 $10 $15 $20 $25 High: $22 Avg: $17.5 Low: $13 Last Closed Price: $6.54

ELVA Stock Rating

Electrovaya stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 1 Strong Buy (20.00%), 4 Buy (80.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 4 1 Strong Sell Sell Hold Buy Strong Buy

ELVA Price Target Upside V Benchmarks

TypeNameUpside
StockElectrovaya167.58%
SectorIndustrials Stocks 17.81%
IndustryElectrical Equipment Stocks35.43%

Price Target Trends

1M3M12M
# Anlaysts139
Avg Price Target$13.00$18.33$13.61
Last Closing Price$6.54$6.54$6.54
Upside/Downside98.78%180.28%108.10%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 26-6---6
Aug, 26-6---6
Jul, 26-6---6
Jun, 26-6---6
May, 26-6---6
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 12, 2026Oppenheimer$13.00$7.3377.35%98.78%
Jul 16, 2026Raymond James$22.00$11.7687.07%236.39%
Jun 05, 2026Craig IrwinRoth Capital$20.00$10.8484.50%205.81%
May 15, 2026Roth Capital$12.00$11.167.53%83.49%
May 15, 2026H.C. Wainwright$15.00$11.1634.41%129.36%
Feb 13, 2026Roth Capital$10.00$8.0224.69%52.91%
Dec 18, 2025Oppenheimer$14.00$6.31121.87%114.07%
Dec 11, 2025Raymond James$9.50$6.9337.09%45.26%
Dec 11, 2025Roth Capital$7.00$5.8519.66%7.03%
Sep 26, 2024Jeff GramppIndustrial Alliance Securities$1.00$0.43132.56%-84.71%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jul 16, 2026Raymond JamesStrong BuyStrong Buyhold
Jul 15, 2026Roth CapitalBuyBuyhold
Jun 05, 2026Roth CapitalBuyBuyhold
May 15, 2026Roth CapitalBuyBuyhold
May 15, 2026H.C. WainwrightBuyBuyhold
Mar 18, 2026Raymond JamesStrong BuyStrong Buyhold
Feb 13, 2026Roth CapitalBuyBuyhold
Dec 18, 2025OppenheimerOutperforminitialise
Dec 11, 2025Raymond JamesStrong BuyStrong Buyhold
Jan 22, 2025Raymond JamesStrong Buyinitialise

Financial Forecast

EPS Forecast

Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27 Sep 28 Sep 29
Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27Sep 28Sep 29
Reported$-0.27$-0.31$-0.04------
Avg Forecast$-0.25$-0.23$-0.11$-0.05$0.11$0.24$0.50$0.75$1.00
High Forecast$-0.21$-0.19$-0.10$-0.04$0.24$0.31$0.64$0.82$1.09
Low Forecast$-0.31$-0.28$-0.12$-0.06$0.03$0.15$0.36$0.69$0.92
Surprise %8.00%34.78%-63.64%------

Revenue Forecast

$0 $60M $120M $180M $240M $300M Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27 Sep 28 Sep 29
Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27Sep 28Sep 29
Reported$9.92M$15.62M$43.37M------
Avg Forecast$11.76M$19.50M$42.20M$44.95M$68.65M$104.35M$151.12M$196.19M$240.18M
High Forecast$13.80M$22.89M$42.28M$45.23M$71.90M$109.93M$154.84M$210.19M$257.32M
Low Forecast$10.25M$17.00M$42.11M$44.79M$66.68M$97.44M$147.40M$184.17M$225.46M
Surprise %-15.60%-19.90%2.76%------

Net Income Forecast

$-15M $-4M $7M $18M $29M $40M Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27 Sep 28 Sep 29
Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27Sep 28Sep 29
Reported$-7.53M$-9.21M$-1.48M------
Avg Forecast$-8.46M$-7.61M$-3.77M$-1.49M$2.65M$7.89M$16.45M$25.51M$34.01M
High Forecast$-7.05M$-6.34M$-3.44M$-1.33M$8.31M$10.53M$21.80M$27.88M$37.17M
Low Forecast$-10.37M$-9.33M$-4.09M$-2.00M$997.18K$5.26M$12.21M$23.48M$31.30M
Surprise %-10.93%21.00%-60.72%------

ELVA Forecast FAQ

Is Electrovaya stock a buy?

Electrovaya stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 4 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Electrovaya is a favorable investment for most analysts.

What is Electrovaya's price target?

Electrovaya's price target, set by 5 Wall Street analysts, averages $17.5 over the next 12 months. The price target range spans from $13 at the low end to $22 at the high end, suggesting a potential 167.58% change from the previous closing price of $6.54.

How does Electrovaya stock forecast compare to its benchmarks?

Electrovaya's stock forecast shows a 167.58% upside, outperforming the average forecast for the industrials stocks sector (17.81%) and outperforming the electrical equipment stocks industry (35.43%).

What is the breakdown of analyst ratings for Electrovaya over the past three months?

  • September 2026: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • July 2026: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Electrovaya’s EPS forecast?

Electrovaya's average annual EPS forecast for its fiscal year ending in September 2024 is $-0.05, marking a 25.00% increase from the reported $-0.04 in 2023. Estimates for the following years are $0.11 in 2025, $0.24 in 2026, $0.5 in 2027, $0.75 in 2028, and $1 in 2029.

What is Electrovaya’s revenue forecast?

Electrovaya's average annual revenue forecast for its fiscal year ending in September 2024 is $44.95M, reflecting a 3.66% increase from the reported $43.37M in 2023. The forecast for 2025 is $68.65M, followed by $104.35M for 2026, $151.12M for 2027, $196.19M for 2028, and $240.18M for 2029.

What is Electrovaya’s net income forecast?

Electrovaya's net income forecast for the fiscal year ending in September 2024 stands at $-1.485M, representing an 0.41% increase from the reported $-1.479M in 2023. Projections indicate $2.65M in 2025, $7.89M in 2026, $16.45M in 2027, $25.51M in 2028, and $34.01M in 2029.