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Electrovaya (ELVA) Competitors

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$2.59 -0.03 (-1.15%)
Closing price 05/1/2025 04:00 PM Eastern
Extended Trading
$2.63 +0.04 (+1.54%)
As of 05/1/2025 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

ELVA vs. BLDP, SES, AMPX, RONI, SLDP, ELPW, GAUZ, NVX, FREY, and EAF

Should you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include Ballard Power Systems (BLDP), SES AI (SES), Amprius Technologies (AMPX), Rice Acquisition Corp. II (RONI), Solid Power (SLDP), Elong Power (ELPW), Gauzy (GAUZ), NOVONIX (NVX), FREYR Battery (FREY), and GrafTech International (EAF). These companies are all part of the "electrical equipment" industry.

Electrovaya vs.

Ballard Power Systems (NASDAQ:BLDP) and Electrovaya (NASDAQ:ELVA) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, community ranking, analyst recommendations, institutional ownership, media sentiment, risk and valuation.

Ballard Power Systems received 462 more outperform votes than Electrovaya when rated by MarketBeat users. However, 100.00% of users gave Electrovaya an outperform vote while only 59.09% of users gave Ballard Power Systems an outperform vote.

CompanyUnderperformOutperform
Ballard Power SystemsOutperform Votes
481
59.09%
Underperform Votes
333
40.91%
ElectrovayaOutperform Votes
19
100.00%
Underperform Votes
No Votes

In the previous week, Ballard Power Systems had 3 more articles in the media than Electrovaya. MarketBeat recorded 5 mentions for Ballard Power Systems and 2 mentions for Electrovaya. Ballard Power Systems' average media sentiment score of 0.95 beat Electrovaya's score of 0.88 indicating that Ballard Power Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ballard Power Systems
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Electrovaya
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ballard Power Systems presently has a consensus price target of $2.08, suggesting a potential upside of 68.99%. Electrovaya has a consensus price target of $6.10, suggesting a potential upside of 135.52%. Given Electrovaya's stronger consensus rating and higher probable upside, analysts clearly believe Electrovaya is more favorable than Ballard Power Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
6 Sell rating(s)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.69
Electrovaya
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

Ballard Power Systems has a beta of 1.84, indicating that its share price is 84% more volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500.

Electrovaya has lower revenue, but higher earnings than Ballard Power Systems. Electrovaya is trading at a lower price-to-earnings ratio than Ballard Power Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power Systems$69.73M5.29-$177.72M-$1.09-1.13
Electrovaya$43.67M2.38-$1.49M-$0.04-64.75

28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Electrovaya has a net margin of -3.88% compared to Ballard Power Systems' net margin of -357.78%. Electrovaya's return on equity of -15.42% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-357.78% -19.96% -17.98%
Electrovaya -3.88%-15.42%-4.24%

Summary

Electrovaya beats Ballard Power Systems on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ELVA vs. The Competition

MetricElectrovayaelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$103.88M$760.88M$23.43B$7.93B
Dividend YieldN/A2.64%2.96%4.22%
P/E Ratio-64.758.6042.3518.54
Price / Sales2.388.832,105.70103.30
Price / CashN/A15.9534.7234.62
Price / Book5.188.446.184.25
Net Income-$1.49M-$70.66M$737.35M$248.18M
7 Day Performance-4.07%0.30%1.23%1.03%
1 Month Performance2.37%2.16%1.65%2.70%
1 Year Performance-19.57%-1.47%52,704.80%4.05%

Electrovaya Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELVA
Electrovaya
3.4078 of 5 stars
$2.59
-1.1%
$6.10
+135.5%
-19.1%$103.88M$43.67M-64.7597
BLDP
Ballard Power Systems
2.6797 of 5 stars
$1.09
-3.5%
$2.08
+90.7%
-53.8%$326.39M$69.73M-0.991,370Upcoming Earnings
Positive News
Gap Up
SES
SES AI
2.4188 of 5 stars
$0.68
0.0%
$1.25
+82.5%
-39.1%$249.76M$2.04M-2.98130Short Interest ↓
Analyst Revision
AMPX
Amprius Technologies
2.8956 of 5 stars
$2.08
-2.8%
$9.43
+353.3%
+9.7%$245.29M$23.57M-4.6250Upcoming Earnings
Short Interest ↓
News Coverage
RONI
Rice Acquisition Corp. II
N/A$1.98
-7.0%
N/A-84.3%$239.09MN/A0.0024High Trading Volume
SLDP
Solid Power
1.9148 of 5 stars
$1.13
+2.7%
$2.67
+136.0%
-36.4%$205.65M$20.14M-2.31240Upcoming Earnings
News Coverage
Positive News
ELPW
Elong Power
N/A$3.74
-3.9%
N/AN/A$187.21M$1.40M0.00N/AGap Down
GAUZ
Gauzy
2.2271 of 5 stars
$8.99
+2.0%
$14.25
+58.5%
N/A$171.30M$103.53M0.00N/A
NVX
NOVONIX
2.4961 of 5 stars
$1.07
-9.7%
$4.00
+275.6%
-50.4%$169.35M$5.85M0.00N/AGap Up
FREY
FREYR Battery
2.5762 of 5 stars
$1.05
-1.9%
$4.00
+281.0%
-28.0%$147.51MN/A-1.38210Upcoming Earnings
Positive News
Gap Down
EAF
GrafTech International
1.8356 of 5 stars
$0.56
-12.5%
$1.90
+239.6%
-63.9%$144.00M$538.78M-1.101,350Earnings Report

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This page (NASDAQ:ELVA) was last updated on 5/2/2025 by MarketBeat.com Staff
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