Electrovaya (ELVA) Competitors $2.59 -0.03 (-1.15%) Closing price 05/1/2025 04:00 PM EasternExtended 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. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock ELVA vs. BLDP, SES, AMPX, RONI, SLDP, ELPW, GAUZ, NVX, FREY, and EAFShould 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 SES AI Amprius Technologies Rice Acquisition Corp. II Solid Power Elong Power Gauzy NOVONIX FREYR Battery GrafTech International 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. Does the MarketBeat Community favor BLDP or ELVA? 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. CompanyUnderperformOutperformBallard Power SystemsOutperform Votes48159.09% Underperform Votes33340.91% ElectrovayaOutperform Votes19100.00% Underperform VotesNo Votes Does the media prefer BLDP or ELVA? 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 Do analysts recommend BLDP or ELVA? 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) 1.69Electrovaya 0 Sell rating(s) 0 Hold rating(s) 4 Buy rating(s) 1 Strong Buy rating(s) 3.20 Which has more risk and volatility, BLDP or ELVA? 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. Which has higher valuation & earnings, BLDP or ELVA? 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 RatioBallard Power Systems$69.73M5.29-$177.72M-$1.09-1.13Electrovaya$43.67M2.38-$1.49M-$0.04-64.75 Do institutionals & insiders hold more shares of BLDP or ELVA? 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. Is BLDP or ELVA more profitable? 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% SummaryElectrovaya beats Ballard Power Systems on 10 of the 19 factors compared between the two stocks. Get Electrovaya News Delivered to You Automatically Sign up to receive the latest news and ratings for ELVA and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart ELVA vs. The Competition Export to ExcelMetricElectrovayaelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ ExchangeMarket Cap$103.88M$760.88M$23.43B$7.93BDividend YieldN/A2.64%2.96%4.22%P/E Ratio-64.758.6042.3518.54Price / Sales2.388.832,105.70103.30Price / CashN/A15.9534.7234.62Price / Book5.188.446.184.25Net Income-$1.49M-$70.66M$737.35M$248.18M7 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 Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ELVAElectrovaya3.4078 of 5 stars$2.59-1.1%$6.10+135.5%-19.1%$103.88M$43.67M-64.7597BLDPBallard Power Systems2.6797 of 5 stars$1.09-3.5%$2.08+90.7%-53.8%$326.39M$69.73M-0.991,370Upcoming EarningsPositive NewsGap UpSESSES AI2.4188 of 5 stars$0.680.0%$1.25+82.5%-39.1%$249.76M$2.04M-2.98130Short Interest ↓Analyst RevisionAMPXAmprius Technologies2.8956 of 5 stars$2.08-2.8%$9.43+353.3%+9.7%$245.29M$23.57M-4.6250Upcoming EarningsShort Interest ↓News CoverageRONIRice Acquisition Corp. IIN/A$1.98-7.0%N/A-84.3%$239.09MN/A0.0024High Trading VolumeSLDPSolid Power1.9148 of 5 stars$1.13+2.7%$2.67+136.0%-36.4%$205.65M$20.14M-2.31240Upcoming EarningsNews CoveragePositive NewsELPWElong PowerN/A$3.74-3.9%N/AN/A$187.21M$1.40M0.00N/AGap DownGAUZGauzy2.2271 of 5 stars$8.99+2.0%$14.25+58.5%N/A$171.30M$103.53M0.00N/ANVXNOVONIX2.4961 of 5 stars$1.07-9.7%$4.00+275.6%-50.4%$169.35M$5.85M0.00N/AGap UpFREYFREYR Battery2.5762 of 5 stars$1.05-1.9%$4.00+281.0%-28.0%$147.51MN/A-1.38210Upcoming EarningsPositive NewsGap DownEAFGrafTech International1.8356 of 5 stars$0.56-12.5%$1.90+239.6%-63.9%$144.00M$538.78M-1.101,350Earnings Report Related Companies and Tools Related Companies Ballard Power Systems Competitors SES AI Competitors Amprius Technologies Competitors Rice Acquisition Corp. II Competitors Solid Power Competitors Elong Power Competitors Gauzy Competitors NOVONIX Competitors FREYR Battery Competitors GrafTech International Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:ELVA) was last updated on 5/2/2025 by MarketBeat.com Staff From Our PartnersThe next market Nvidia is positioned to dominate …Robots — built by Nvidia. Forbes says this could be " a $24 trillion opportunity for investors." Huang s...Weiss Ratings | SponsoredTrump Orders 'National Digital Asset Stockpile'Billionaires Rush Into Digital Banking Token Three massive forces are converging right now, creating what c...Crypto 101 Media | SponsoredWarning: “DOGE Collapse” imminentElon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. 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