NASDAQ:ELVA Electrovaya (ELVA) Stock Price, News & Analysis $3.28 -0.14 (-3.96%) As of 01:58 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Electrovaya Stock (NASDAQ:ELVA) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Electrovaya alerts:Sign Up Key Stats Today's Range$3.24▼$3.4550-Day Range$2.52▼$3.6352-Week Range$1.67▼$3.71Volume73,622 shsAverage Volume59,451 shsMarket Capitalization$131.36 millionP/E RatioN/ADividend YieldN/APrice Target$6.10Consensus RatingBuy Company OverviewElectrovaya 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.Read More… Electrovaya Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks75th Percentile Overall ScoreELVA MarketRank™: Electrovaya scored higher than 75% of companies evaluated by MarketBeat, and ranked 338th out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingBuy Consensus RatingElectrovaya has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageElectrovaya has received no research coverage in the past 90 days.Read more about Electrovaya's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth220.00% Earnings GrowthEarnings for Electrovaya are expected to grow by 220.00% in the coming year, from $0.10 to $0.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Electrovaya is -81.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Electrovaya is -81.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioElectrovaya has a P/B Ratio of 13.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Electrovaya's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.30% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently decreased by 10.18%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldElectrovaya does not currently pay a dividend.Dividend GrowthElectrovaya does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.30% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently decreased by 10.18%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.95 News SentimentElectrovaya has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Electrovaya this week, compared to 2 articles on an average week.Search Interest2 people have searched for ELVA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows4 people have added Electrovaya to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Electrovaya insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.47% of the stock of Electrovaya is held by institutions.Read more about Electrovaya's insider trading history. Receive ELVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Electrovaya and its competitors with MarketBeat's FREE daily newsletter. Email Address ELVA Stock News HeadlinesElectrovaya: Tripling Capacity May Lead To Strong Increase In EarningsJune 27 at 7:01 AM | seekingalpha.comBuilding a $42,000 TFSA That Focuses on Future Industry LeadersJune 17, 2025 | msn.comDeploy the Income Machine for yourself this summer Wall Street seems to be losing faith in stocks we thought were their favorites. Take Apple for example. Normally, new updates tend to rally their stock price. But here's what happened last week. The way I see it, Apple’s downtrend may continue as we inch closer to the thick of summer. And if I made a list of stocks to trade this summer, Apple most likely won't make that list. But rather than gamble on Apple stock... Buy shares outrightly... Or even keep an eye out for their next tech revolution before we act… A better idea might be to just zone in on the tickers and setups worth trading in the summer months.June 27 at 2:00 AM | ProsperityPub (Ad)Electrovaya Inc.'s (TSE:ELVA) largest shareholders are retail investors with 49% ownership, insiders own 34%June 16, 2025 | finance.yahoo.comElectrovaya receives additional $6.3 million order for Fortune 100 customerJune 3, 2025 | msn.comElectrovaya Secures $6.3 Million Order from Fortune 100 E-commerce GiantJune 3, 2025 | tipranks.comThis Small-Cap Stock Has a Real Shot at Turning a $2,000 TFSA Investment Into $10,000May 28, 2025 | fool.caElectrovaya: In-Line Quarter But Execution Risks Remain - HoldMay 19, 2025 | seekingalpha.comSee More Headlines ELVA Stock Analysis - Frequently Asked Questions How have ELVA shares performed this year? Electrovaya's stock was trading at $2.48 at the beginning of 2025. Since then, ELVA stock has increased by 32.1% and is now trading at $3.2750. View the best growth stocks for 2025 here. How were Electrovaya's earnings last quarter? Electrovaya Inc. (NASDAQ:ELVA) issued its earnings results on Wednesday, May, 14th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The business had revenue of $15.02 million for the quarter, compared to analysts' expectations of $15.95 million. Electrovaya had a negative net margin of 0.06% and a negative trailing twelve-month return on equity of 0.21%. Read the conference call transcript. Who are Electrovaya's major shareholders? Top institutional investors of Electrovaya include AIGH Capital Management LLC (5.64%), Polar Asset Management Partners Inc. (4.84%), WealthTrust Axiom LLC (0.98%) and Mink Brook Asset Management LLC (0.94%). 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. What other stocks do shareholders of Electrovaya own? Based on aggregate information from My MarketBeat watchlists, some other companies that Electrovaya investors own include Medical Properties Trust (MPW), Oxford Square Capital (OXSQ), Abrdn Global Infrastructure Income Fund (ASGI), Aberdeen Total Dynamic Dividend Fund (AOD), Annaly Capital Management (NLY), Realty Income (O) and Oxford Lane Capital (OXLC). Company Calendar Last Earnings5/14/2025Today6/27/2025Next Earnings (Estimated)8/12/2025Fiscal Year End9/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry ELEC PRODS - MISC Sub-IndustryElectrical Equipment Current SymbolNASDAQ:ELVA Previous SymbolNASDAQ:ELVA CIK1844450 Webelectrovaya.com Phone905-855-4610FaxN/AEmployees97Year FoundedN/APrice Target and Rating Average Stock Price Target$6.10 High Stock Price Target$10.00 Low Stock Price Target$4.50 Potential Upside/Downside+85.9%Consensus RatingBuy Rating Score (0-4)3.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.04) Trailing P/E RatioN/A Forward P/E Ratio32.81 P/E GrowthN/ANet Income-$1.49 million Net Margins-0.06% Pretax Margin-0.06% Return on Equity-0.21% Return on Assets-0.07% Debt Debt-to-Equity Ratio0.69 Current Ratio3.89 Quick Ratio3.01 Sales & Book Value Annual Sales$44.62 million Price / Sales2.95 Cash FlowN/A Price / Cash FlowN/A Book Value$0.25 per share Price / Book13.12Miscellaneous Outstanding Shares40,110,000Free FloatN/AMarket Cap$131.60 million OptionableNot Optionable Beta1.40 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? 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