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DOW   38,563.80
QQQ   427.32
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Walmart’s uptrend is intact; buy it when it dips
XPeng stock just got a target boost, analysts say it could double
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Higher VIX just made Realty Income’s 6% dividend better
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Super Micro Computer: Overbought, undervalued or mispriced?
Booking stock is the discounted growth story in travel stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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Capital One's bid for Discover carries expectation that Americans won't slow credit card use
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Walmart’s uptrend is intact; buy it when it dips
XPeng stock just got a target boost, analysts say it could double
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Higher VIX just made Realty Income’s 6% dividend better
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Super Micro Computer: Overbought, undervalued or mispriced?
Booking stock is the discounted growth story in travel stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 E-VTOL stocks: Which ones can fly higher in 2024?
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Walmart’s uptrend is intact; buy it when it dips
XPeng stock just got a target boost, analysts say it could double
NASDAQ:ELVA

Electrovaya (ELVA) Stock Price, News & Analysis

$4.09
+0.01 (+0.25%)
(As of 02/20/2024 ET)
Today's Range
$3.95
$4.21
50-Day Range
$3.01
$4.39
52-Week Range
$2.34
$5.50
Volume
25,365 shs
Average Volume
72,087 shs
Market Capitalization
$138.41 million
P/E Ratio
204.60
Dividend Yield
N/A
Price Target
$13.00

Electrovaya MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
217.8% Upside
$13.00 Price Target
Short Interest
Healthy
0.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of Electrovaya in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
217.65%
From $0.17 to $0.54 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.53 out of 5 stars

Computer And Technology Sector

431st out of 1,164 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

15th out of 56 stocks


ELVA stock logo

About Electrovaya Stock (NASDAQ:ELVA)

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. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.

ELVA Stock Price History

ELVA Stock News Headlines

Reviewing Electrovaya (NASDAQ:ELVA) & Novanta (NASDAQ:NOVT)
The perfect AI stock under $10
Normally, bringing a new drug to market takes an average of 10 years and between $2.5 and $12 billion. However, new AI technology has the potential to make the process up to 1000 times faster. This #1 AI company is at the forefront of it all.
Electrovaya (NASDAQ:ELVA) Issues Earnings Results
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Electrovaya (ELVA) to Release Earnings on Monday
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
2/21/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:ELVA
Previous Symbol
NASDAQ:ELVA
Fax
N/A
Employees
97
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$16.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+217.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-1,480,000.00
Pretax Margin
0.48%

Debt

Sales & Book Value

Annual Sales
$44.06 million
Book Value
$0.22 per share

Miscellaneous

Free Float
N/A
Market Cap
$138.41 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Dr. Sankar Das Gupta DIC (Age 73)
    Ph.D., Executive Chairman
    Comp: $206.79k
  • Dr. Rajshekar Das Gupta Ph.D.
    CEO & Director
  • Dr. James K. Jacobs MA (Age 75)
    Ph.D., Co-Founder & Independent Director
    Comp: $7.8k
  • Mr. John Gibson
    CFO & Secretary
  • Mr. Kyle O'Leary
    Director of Operations
  • Mr. Jason Roy
    Director of Corporate Development & Investor Relations
  • Dr. Jeremy Dang Ph.D.
    Vice President of Business & Project Development














ELVA Stock Analysis - Frequently Asked Questions

Should I buy or sell Electrovaya stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrovaya in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ELVA shares.
View ELVA analyst ratings
or view top-rated stocks.

What is Electrovaya's stock price target for 2024?

2 equities research analysts have issued 1-year target prices for Electrovaya's shares. Their ELVA share price targets range from $10.00 to $16.00. On average, they predict the company's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 217.8% from the stock's current price.
View analysts price targets for ELVA
or view top-rated stocks among Wall Street analysts.

How have ELVA shares performed in 2024?

Electrovaya's stock was trading at $3.06 at the beginning of the year. Since then, ELVA stock has increased by 33.7% and is now trading at $4.09.
View the best growth stocks for 2024 here
.

How were Electrovaya's earnings last quarter?

Electrovaya Inc. (NASDAQ:ELVA) released its earnings results on Tuesday, February, 13th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.03. The firm earned $12.09 million during the quarter, compared to the consensus estimate of $12.63 million. Electrovaya had a trailing twelve-month return on equity of 12.44% and a net margin of 1.79%.

What guidance has Electrovaya issued on next quarter's earnings?

Electrovaya updated its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $65.0 million-$75.0 million, compared to the consensus revenue estimate of $75.4 million.

Who are Electrovaya's major shareholders?

Electrovaya's stock is owned by many different institutional and retail investors. Top institutional shareholders include Worth Venture Partners LLC (2.42%).

How do I buy shares of Electrovaya?

Shares of ELVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ELVA) was last updated on 2/21/2024 by MarketBeat.com Staff