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Electrovaya (ELVA) Competitors

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$10.48 -0.02 (-0.19%)
Closing price 07/1/2026 04:00 PM Eastern
Extended Trading
$10.48 -0.01 (-0.05%)
As of 07/1/2026 04:23 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 Massive. Learn more.

ELVA vs. EOSE, AMPX, ENR, ENVX, and FREY

Should you buy Electrovaya stock or one of its competitors? MarketBeat compares Electrovaya with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Electrovaya include Eos Energy Enterprises (EOSE), Amprius Technologies (AMPX), Energizer (ENR), Enovix (ENVX), and FREYR Battery (FREY). These companies are all part of the "electrical equipment" industry.

How does Electrovaya compare to Eos Energy Enterprises?

Eos Energy Enterprises (NASDAQ:EOSE) and Electrovaya (NASDAQ:ELVA) are both small-cap electrical equipment companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, media sentiment, risk, analyst recommendations, earnings, institutional ownership, valuation and dividends.

Eos Energy Enterprises currently has a consensus target price of $10.94, suggesting a potential upside of 97.07%. Electrovaya has a consensus target price of $14.63, suggesting a potential upside of 39.55%. Given Eos Energy Enterprises' higher possible upside, analysts clearly believe Eos Energy Enterprises is more favorable than Electrovaya.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eos Energy Enterprises
1 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.10
Electrovaya
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.83

Eos Energy Enterprises has a beta of 2.69, indicating that its stock price is 169% more volatile than the broader market. Comparatively, Electrovaya has a beta of 1.62, indicating that its stock price is 62% more volatile than the broader market.

Electrovaya has a net margin of 7.03% compared to Eos Energy Enterprises' net margin of -296.12%. Electrovaya's return on equity of 11.35% beat Eos Energy Enterprises' return on equity.

Company Net Margins Return on Equity Return on Assets
Eos Energy Enterprises-296.12% N/A -80.19%
Electrovaya 7.03%11.35%6.19%

54.9% of Eos Energy Enterprises shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 1.7% of Eos Energy Enterprises shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eos Energy Enterprises$114.20M16.50-$969.65M-$6.68N/A
Electrovaya$63.83M8.13$3.36M$0.1287.33

In the previous week, Eos Energy Enterprises had 13 more articles in the media than Electrovaya. MarketBeat recorded 15 mentions for Eos Energy Enterprises and 2 mentions for Electrovaya. Electrovaya's average media sentiment score of 0.93 beat Eos Energy Enterprises' score of 0.23 indicating that Electrovaya is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Eos Energy Enterprises
3 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Electrovaya
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Electrovaya beats Eos Energy Enterprises on 10 of the 17 factors compared between the two stocks.

How does Electrovaya compare to Amprius Technologies?

Electrovaya (NASDAQ:ELVA) and Amprius Technologies (NYSE:AMPX) are both small-cap electrical equipment companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, media sentiment, valuation, institutional ownership, earnings and dividends.

Electrovaya has a net margin of 7.03% compared to Amprius Technologies' net margin of -43.98%. Electrovaya's return on equity of 11.35% beat Amprius Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Electrovaya7.03% 11.35% 6.19%
Amprius Technologies -43.98%-17.48%-12.11%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Electrovaya$63.83M8.13$3.36M$0.1287.33
Amprius Technologies$73.01M26.40-$44.02M-$0.30N/A

22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 5.0% of Amprius Technologies shares are owned by institutional investors. 5.1% of Amprius Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Electrovaya has a beta of 1.62, indicating that its share price is 62% more volatile than the broader market. Comparatively, Amprius Technologies has a beta of 2.25, indicating that its share price is 125% more volatile than the broader market.

In the previous week, Amprius Technologies had 6 more articles in the media than Electrovaya. MarketBeat recorded 8 mentions for Amprius Technologies and 2 mentions for Electrovaya. Electrovaya's average media sentiment score of 0.93 beat Amprius Technologies' score of 0.92 indicating that Electrovaya is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Electrovaya
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Amprius Technologies
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Electrovaya currently has a consensus price target of $14.63, suggesting a potential upside of 39.55%. Amprius Technologies has a consensus price target of $21.67, suggesting a potential upside of 59.21%. Given Amprius Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Amprius Technologies is more favorable than Electrovaya.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrovaya
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.83
Amprius Technologies
1 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.90

Summary

Electrovaya and Amprius Technologies tied by winning 8 of the 16 factors compared between the two stocks.

How does Electrovaya compare to Energizer?

Energizer (NYSE:ENR) and Electrovaya (NASDAQ:ELVA) are both small-cap electrical equipment companies, but which is the superior business? We will contrast the two businesses based on the strength of their media sentiment, risk, institutional ownership, valuation, profitability, earnings, analyst recommendations and dividends.

Energizer presently has a consensus target price of $23.14, suggesting a potential upside of 5.21%. Electrovaya has a consensus target price of $14.63, suggesting a potential upside of 39.55%. Given Electrovaya's stronger consensus rating and higher possible upside, analysts plainly believe Electrovaya is more favorable than Energizer.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Energizer
0 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.13
Electrovaya
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.83

In the previous week, Energizer had 1 more articles in the media than Electrovaya. MarketBeat recorded 3 mentions for Energizer and 2 mentions for Electrovaya. Energizer's average media sentiment score of 1.10 beat Electrovaya's score of 0.93 indicating that Energizer is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Energizer
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Electrovaya
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Energizer$2.95B0.51$239M$2.738.06
Electrovaya$63.83M8.13$3.36M$0.1287.33

Energizer has a beta of 0.75, indicating that its share price is 25% less volatile than the broader market. Comparatively, Electrovaya has a beta of 1.62, indicating that its share price is 62% more volatile than the broader market.

Electrovaya has a net margin of 7.03% compared to Energizer's net margin of 6.55%. Energizer's return on equity of 144.22% beat Electrovaya's return on equity.

Company Net Margins Return on Equity Return on Assets
Energizer6.55% 144.22% 5.37%
Electrovaya 7.03%11.35%6.19%

93.7% of Energizer shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 1.6% of Energizer shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Electrovaya beats Energizer on 9 of the 17 factors compared between the two stocks.

How does Electrovaya compare to Enovix?

Enovix (NASDAQ:ENVX) and Electrovaya (NASDAQ:ELVA) are both small-cap electrical equipment companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, profitability, media sentiment, analyst recommendations, institutional ownership, risk, valuation and dividends.

Electrovaya has a net margin of 7.03% compared to Enovix's net margin of -499.64%. Electrovaya's return on equity of 11.35% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-499.64% -64.28% -21.19%
Electrovaya 7.03%11.35%6.19%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$31.82M40.11-$156.74M-$0.83N/A
Electrovaya$63.83M8.13$3.36M$0.1287.33

In the previous week, Enovix and Enovix both had 2 articles in the media. Enovix's average media sentiment score of 0.93 equaled Electrovaya'saverage media sentiment score.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Electrovaya
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

50.9% of Enovix shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 12.7% of Enovix shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Enovix has a beta of 2.26, indicating that its share price is 126% more volatile than the broader market. Comparatively, Electrovaya has a beta of 1.62, indicating that its share price is 62% more volatile than the broader market.

Enovix currently has a consensus price target of $12.64, indicating a potential upside of 116.01%. Electrovaya has a consensus price target of $14.63, indicating a potential upside of 39.55%. Given Enovix's higher probable upside, equities analysts plainly believe Enovix is more favorable than Electrovaya.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
2 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.50
Electrovaya
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.83

Summary

Electrovaya beats Enovix on 9 of the 15 factors compared between the two stocks.

How does Electrovaya compare to FREYR Battery?

FREYR Battery (NYSE:FREY) and Electrovaya (NASDAQ:ELVA) are both small-cap electrical equipment companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, risk, valuation, profitability, dividends, analyst recommendations, media sentiment and institutional ownership.

Electrovaya has a net margin of 7.03% compared to FREYR Battery's net margin of 0.00%. Electrovaya's return on equity of 11.35% beat FREYR Battery's return on equity.

Company Net Margins Return on Equity Return on Assets
FREYR BatteryN/A -19.16% -16.70%
Electrovaya 7.03%11.35%6.19%

Electrovaya has a consensus target price of $14.63, suggesting a potential upside of 39.55%. Given Electrovaya's stronger consensus rating and higher possible upside, analysts clearly believe Electrovaya is more favorable than FREYR Battery.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FREYR Battery
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Electrovaya
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.83

In the previous week, Electrovaya had 2 more articles in the media than FREYR Battery. MarketBeat recorded 2 mentions for Electrovaya and 0 mentions for FREYR Battery. Electrovaya's average media sentiment score of 0.93 beat FREYR Battery's score of 0.00 indicating that Electrovaya is being referred to more favorably in the news media.

Company Overall Sentiment
FREYR Battery Neutral
Electrovaya Positive

FREYR Battery has a beta of 0.94, suggesting that its share price is 6% less volatile than the broader market. Comparatively, Electrovaya has a beta of 1.62, suggesting that its share price is 62% more volatile than the broader market.

Electrovaya has higher revenue and earnings than FREYR Battery. FREYR Battery is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FREYR BatteryN/AN/A-$71.94M-$0.76N/A
Electrovaya$63.83M8.13$3.36M$0.1287.33

52.3% of FREYR Battery shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 20.4% of FREYR Battery 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.

Summary

Electrovaya beats FREYR Battery on 14 of the 16 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 ELVA 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

MetricElectrovayaELEC PRODS IndustryComputer SectorNASDAQ Exchange
Market Cap$519.83M$21.59B$39.32B$12.59B
Dividend YieldN/A1.03%3.33%6.15%
P/E Ratio87.3436.76170.6625.27
Price / Sales8.13142.65623.31101.17
Price / Cash91.7970.6848.3459.26
Price / Book14.168.359.826.62
Net Income$3.36M$401.74M$1.07B$336.83M
7 Day Performance8.38%7.72%3.37%3.19%
1 Month Performance-14.52%8.91%-2.80%0.86%
1 Year Performance216.62%54.34%152.40%27.51%

Electrovaya Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELVA
Electrovaya
4.0369 of 5 stars
$10.48
-0.2%
$14.63
+39.6%
+206.4%$519.83M$63.83M87.3497
EOSE
Eos Energy Enterprises
2.9749 of 5 stars
$5.89
-3.3%
$10.94
+85.7%
+14.0%$2.00B$160.71MN/A250
AMPX
Amprius Technologies
3.95 of 5 stars
$13.86
+2.5%
$21.67
+56.3%
+247.2%$1.96B$89.16MN/A50
ENR
Energizer
4.3066 of 5 stars
$21.48
-0.9%
$23.14
+7.7%
+3.8%$1.47B$2.98B7.876,050
ENVX
Enovix
2.78 of 5 stars
$6.07
-0.5%
$12.64
+108.2%
-42.4%$1.32B$34.32MN/A340

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This page (NASDAQ:ELVA) was last updated on 7/2/2026 by MarketBeat.com Staff.
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