ELVA vs. BLDP, SES, AMPX, SLDP, RONI, ELPW, NVX, EAF, FREY, and GAUZ
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), Solid Power (SLDP), Rice Acquisition Corp. II (RONI), Elong Power (ELPW), NOVONIX (NVX), GrafTech International (EAF), FREYR Battery (FREY), and Gauzy (GAUZ). 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 superior business? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, institutional ownership, risk, analyst recommendations, community ranking and media sentiment.
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 58.95% of users gave Ballard Power Systems an outperform vote.
Ballard Power Systems has a beta of 1.68, meaning that its stock price is 68% more volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.22, meaning that its stock price is 22% more volatile than the S&P 500.
Ballard Power Systems currently has a consensus target price of $2.09, indicating a potential upside of 59.49%. Electrovaya has a consensus target price of $6.10, indicating a potential upside of 94.89%. Given Electrovaya's stronger consensus rating and higher probable upside, analysts clearly believe Electrovaya is more favorable than Ballard Power Systems.
In the previous week, Electrovaya had 15 more articles in the media than Ballard Power Systems. MarketBeat recorded 17 mentions for Electrovaya and 2 mentions for Ballard Power Systems. Ballard Power Systems' average media sentiment score of 0.80 beat Electrovaya's score of -0.01 indicating that Ballard Power Systems is being referred to more favorably in the media.
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.
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 company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
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.
Summary
Electrovaya beats Ballard Power Systems on 11 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:ELVA) was last updated on 5/22/2025 by MarketBeat.com Staff
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