Free Trial
NASDAQ:ELVA

Electrovaya (ELVA) Stock Price, News & Analysis

Electrovaya logo
$3.18 -0.02 (-0.63%)
As of 11:16 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Electrovaya Stock (NASDAQ:ELVA)

Key Stats

Today's Range
$3.16
$3.21
50-Day Range
$2.28
$3.31
52-Week Range
$1.67
$3.44
Volume
1,591 shs
Average Volume
54,341 shs
Market Capitalization
$127.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.10
Consensus Rating
Buy

Company Overview

Electrovaya 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.

Electrovaya Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
68th Percentile Overall Score

ELVA MarketRank™: 

Electrovaya scored higher than 68% of companies evaluated by MarketBeat, and ranked 282nd out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Electrovaya 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 Coverage

    Electrovaya has received no research coverage in the past 90 days.

  • Read more about Electrovaya's stock forecast and price target.
  • Earnings Growth

    Earnings 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 Market

    The P/E ratio of Electrovaya is -80.00, 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. Sector

    The P/E ratio of Electrovaya is -80.00, 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 Ratio

    Electrovaya has a P/B Ratio of 6.40. 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.
  • Percentage of Shares Shorted

    0.24% of the float of Electrovaya has been sold short.
  • Short Interest Ratio / Days to Cover

    Electrovaya has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Electrovaya has recently decreased by 44.17%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Electrovaya does not currently pay a dividend.

  • Dividend Growth

    Electrovaya does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.24% of the float of Electrovaya has been sold short.
  • Short Interest Ratio / Days to Cover

    Electrovaya has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Electrovaya has recently decreased by 44.17%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Electrovaya has a news sentiment score of 0.55. 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 lower news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Electrovaya this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for ELVA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Electrovaya to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Electrovaya insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 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.

ELVA Stock News Headlines

Q1 EPS Estimates for Electrovaya Reduced by Seaport Res Ptn
Elon Reveals Why There Soon Won’t Be Any Money For Social Security
Elon Musk's Near-Death Experience Sparks Dire Warning for Americans After cheating death twice—once in a terrifying supercar crash with billionaire Peter Thiel, then from a deadly strain of malaria—Elon Musk emerged with a stark warning for Americans about looming financial dangers. Discover the little-known Trump IRS loophole that thousands are now using to safeguard their retirement from inflation and market turmoil—before it's too late.
See More Headlines

ELVA Stock Analysis - Frequently Asked Questions

Electrovaya's stock was trading at $2.48 at the beginning of the year. Since then, ELVA stock has increased by 29.0% and is now trading at $3.20.
View the best growth stocks for 2025 here
.

Electrovaya Inc. (NASDAQ:ELVA) posted its earnings results on Wednesday, May, 14th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The business earned $15.02 million during the quarter, compared to analyst estimates of $15.95 million. Electrovaya had a negative trailing twelve-month return on equity of 15.42% and a negative net margin of 3.88%.
Read the conference call transcript
.

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%).

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.

Company Calendar

Last Earnings
5/14/2025
Today
5/30/2025
Next Earnings (Estimated)
8/11/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:ELVA
Previous Symbol
NASDAQ:ELVA
Fax
N/A
Employees
97
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.10
High Stock Price Target
$10.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+90.6%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
32.00
P/E Growth
N/A
Net Income
-$1.49 million
Pretax Margin
-3.88%

Debt

Sales & Book Value

Annual Sales
$47.99 million
Price / Cash Flow
N/A
Book Value
$0.50 per share
Price / Book
6.40

Miscellaneous

Free Float
N/A
Market Cap
$128.34 million
Optionable
Not Optionable
Beta
1.22

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for June 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report

This page (NASDAQ:ELVA) was last updated on 5/30/2025 by MarketBeat.com Staff
From Our Partners