Q3 Earnings Forecast for Electrovaya Issued By Roth Capital

Key Points

• Roth Capital raised their Q3 2025 earnings per share (EPS) estimate for Electrovaya to $0.05, up from a previous forecast of $0.04.
• Electrovaya's recent quarterly earnings missed expectations, reporting $0.02 EPS against a consensus of $0.04, with revenues of $17.13 million.
• MarketBeat reports a consensus target price for Electrovaya at $6.13, with six analysts rating the stock, including one strong buy, three buys, and one hold.

Electrovaya Inc. (NASDAQ:ELVA - Free Report) - Roth Capital lifted their Q3 2025 EPS estimates for Electrovaya in a research note issued to investors on Wednesday, August 13th. Roth Capital analyst C. Irwin now forecasts that the company will post earnings per share of $0.05 for the quarter, up from their prior forecast of $0.04. The consensus estimate for Electrovaya's current full-year earnings is $0.10 per share. Roth Capital also issued estimates for Electrovaya's Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.11 EPS and FY2027 earnings at $0.70 EPS.

Electrovaya (NASDAQ:ELVA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). Electrovaya had a net margin of 2.19% and a return on equity of 6.66%. The company had revenue of $17.13 million for the quarter, compared to analyst estimates of $17.25 million. Electrovaya has set its FY 2025 guidance at EPS.

Several other research analysts have also recently commented on the stock. Zacks Research cut shares of Electrovaya from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 13th. Wall Street Zen downgraded shares of Electrovaya from a "buy" rating to a "hold" rating in a research report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $6.13.

Electrovaya Stock Down 2.7%

Shares of ELVA stock traded down $0.1310 during trading on Friday, reaching $4.6390. The company's stock had a trading volume of 95,181 shares, compared to its average volume of 97,054. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.03 and a quick ratio of 3.01. Electrovaya has a 1-year low of $1.73 and a 1-year high of $5.24. The company has a market capitalization of $186.07 million, a price-to-earnings ratio of 152.98 and a beta of 1.56. The stock's 50-day moving average price is $4.01 and its 200 day moving average price is $3.11.

Hedge Funds Weigh In On Electrovaya

Large investors have recently made changes to their positions in the stock. XTX Topco Ltd purchased a new position in shares of Electrovaya in the 4th quarter valued at about $27,000. Citadel Advisors LLC purchased a new position in Electrovaya during the 4th quarter valued at about $64,000. AMH Equity Ltd purchased a new position in Electrovaya during the 1st quarter valued at about $231,000. Manatuck Hill Partners LLC purchased a new position in Electrovaya during the 4th quarter valued at about $434,000. Finally, Alyeska Investment Group L.P. purchased a new position in Electrovaya during the 4th quarter valued at about $435,000. Hedge funds and other institutional investors own 22.47% of the company's stock.

Electrovaya Company Profile

Electrovaya Inc engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties.