Free Trial

Erayak Power Solution Group (RAYA) Competitors

Erayak Power Solution Group logo
$1.52 -0.08 (-4.73%)
Closing price 05/2/2025 03:58 PM Eastern
Extended Trading
$1.48 -0.05 (-3.11%)
As of 05/2/2025 04:01 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.

RAYA vs. NVX, EAF, FREY, SKYX, NRGV, ELVA, ZEO, ULBI, NEOV, and CBAT

Should you be buying Erayak Power Solution Group stock or one of its competitors? The main competitors of Erayak Power Solution Group include NOVONIX (NVX), GrafTech International (EAF), FREYR Battery (FREY), SKYX Platforms (SKYX), Energy Vault (NRGV), Electrovaya (ELVA), Zeo Energy (ZEO), Ultralife (ULBI), NeoVolta (NEOV), and CBAK Energy Technology (CBAT). These companies are all part of the "electrical equipment" industry.

Erayak Power Solution Group vs.

NOVONIX (NASDAQ:NVX) and Erayak Power Solution Group (NASDAQ:RAYA) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, profitability, institutional ownership, earnings, community ranking and risk.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
Erayak Power Solution Group N/A N/A N/A

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 0.3% of Erayak Power Solution Group shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

NOVONIX has a beta of 2.73, suggesting that its stock price is 173% more volatile than the S&P 500. Comparatively, Erayak Power Solution Group has a beta of 0.41, suggesting that its stock price is 59% less volatile than the S&P 500.

In the previous week, NOVONIX had 4 more articles in the media than Erayak Power Solution Group. MarketBeat recorded 6 mentions for NOVONIX and 2 mentions for Erayak Power Solution Group. Erayak Power Solution Group's average media sentiment score of 1.58 beat NOVONIX's score of 0.27 indicating that Erayak Power Solution Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NOVONIX
0 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Erayak Power Solution Group
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

NOVONIX received 1 more outperform votes than Erayak Power Solution Group when rated by MarketBeat users.

CompanyUnderperformOutperform
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes
Erayak Power Solution GroupN/AN/A

Erayak Power Solution Group has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.85M31.51-$46.25MN/AN/A
Erayak Power Solution Group$30.30M1.41$1.22MN/AN/A

NOVONIX presently has a consensus price target of $4.00, suggesting a potential upside of 244.83%. Given NOVONIX's stronger consensus rating and higher probable upside, equities research analysts clearly believe NOVONIX is more favorable than Erayak Power Solution Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Erayak Power Solution Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Summary

NOVONIX beats Erayak Power Solution Group on 8 of the 12 factors compared between the two stocks.

Get Erayak Power Solution Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for RAYA and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

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 Chart

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.
Skip Chart

RAYA vs. The Competition

MetricErayak Power Solution GroupMotors & generators IndustryComputer SectorNASDAQ Exchange
Market Cap$42.63M$8.62B$23.83B$8.04B
Dividend YieldN/A2.07%2.96%4.22%
P/E RatioN/A59.4942.7818.83
Price / Sales1.4114.992,007.34106.72
Price / Cash10.19253.6434.7734.62
Price / Book0.942.626.314.33
Net Income$1.22M$109.86M$736.77M$247.97M
7 Day Performance5.72%4.03%2.82%3.18%
1 Month Performance17.47%9.75%7.45%8.13%
1 Year Performance141.65%9.83%52,509.21%5.01%

Erayak Power Solution Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RAYA
Erayak Power Solution Group
N/A$1.52
-4.7%
N/A+148.8%$42.63M$30.30M0.00120News Coverage
Positive News
NVX
NOVONIX
2.5391 of 5 stars
$1.08
+0.9%
$4.00
+272.1%
-49.0%$170.94M$5.85M0.00N/AGap Up
EAF
GrafTech International
1.8794 of 5 stars
$0.58
+4.7%
$1.90
+225.9%
-65.9%$150.08M$538.78M-1.141,350Earnings Report
FREY
FREYR Battery
2.6078 of 5 stars
$1.03
-1.9%
$4.00
+288.3%
-28.1%$144.71MN/A-1.36210Upcoming Earnings
Gap Down
SKYX
SKYX Platforms
2.3566 of 5 stars
$1.08
+7.5%
$4.00
+272.1%
+35.0%$112.31M$86.28M-2.6930Positive News
NRGV
Energy Vault
1.8721 of 5 stars
$0.69
+8.9%
$1.81
+164.2%
-42.3%$105.81M$46.20M-1.0670Gap Up
ELVA
Electrovaya
3.4557 of 5 stars
$2.57
+1.7%
$6.10
+137.0%
-16.8%$103.24M$43.67M-64.3597
ZEO
Zeo Energy
0.698 of 5 stars
$1.55
flat
N/A-61.6%$76.36M$110.07M-1.12N/AShort Interest ↓
Positive News
Gap Down
ULBI
Ultralife
3.5347 of 5 stars
$4.29
+3.8%
$14.00
+226.6%
-65.0%$71.29M$164.46M7.79560Positive News
NEOV
NeoVolta
2.495 of 5 stars
$2.05
+6.2%
$7.50
+265.9%
+52.7%$68.51M$2.52M-20.505Upcoming Earnings
News Coverage
Trading Halted
CBAT
CBAK Energy Technology
1.9122 of 5 stars
$0.72
+3.2%
N/A-26.8%$64.67M$176.61M5.991,050Upcoming Earnings
Positive News

Related Companies and Tools


This page (NASDAQ:RAYA) was last updated on 5/3/2025 by MarketBeat.com Staff
From Our Partners