NASDAQ: ELVA
Electrovaya Inc Stock Forecast, Predictions & Price Target

Analyst price target for ELVA

Based on 3 analysts offering 12 month price targets for Electrovaya Inc

Min Forecast
$4.50+33.14%
Avg Forecast
$6.50+92.31%
Max Forecast
$10.00+195.86%

Should I buy or sell ELVA stock?

Based on 3 analysts offering ratings for Electrovaya Inc.

Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ELVA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2025-02-14
lockedlocked$00.00+00.00%2025-02-14
lockedlocked$00.00+00.00%2025-01-23

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Forecast return on equity

Is ELVA forecast to generate an efficient return?

Company
123.38%
Industry
3.53%
Market
90.47%
ELVA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ELVA forecast to generate an efficient return on assets?

Company
57.39%
Industry
1.37%
ELVA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ELVA earnings per share forecast

What is ELVA's earnings per share in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$0.10
Avg 2 year Forecast
$0.31
Avg 3 year Forecast
$0.35

ELVA revenue forecast

What is ELVA's revenue in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$64.2M+33.69%
Avg 2 year Forecast
$99.2M+106.66%
Avg 3 year Forecast
$156.1M+225.15%
ELVA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ELVA revenue growth forecast

How is ELVA forecast to perform vs Electrical Equipment & Parts companies and vs the US market?

Company
46.15%
Industry
42.21%
Market
9.68%
ELVA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ELVA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ELVA vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
ELVA$3.38$6.50+92.31%Strong Buy
FCEL$6.03$9.47+57.00%Hold
NVX$1.14N/AN/A
ULBI$7.74N/AN/A
SKYX$1.21N/AN/A

Electrovaya Stock Forecast FAQ

Is Electrovaya Stock a good buy in 2025, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: ELVA) stock is to Strong Buy ELVA stock.

Out of 3 analysts, 2 (66.67%) are recommending ELVA as a Strong Buy, 1 (33.33%) are recommending ELVA as a Buy, 0 (0%) are recommending ELVA as a Hold, 0 (0%) are recommending ELVA as a Sell, and 0 (0%) are recommending ELVA as a Strong Sell.

If you're new to stock investing, here's how to buy Electrovaya stock.

What is ELVA's earnings growth forecast for 2025-2027?

(NASDAQ: ELVA) Electrovaya's forecast annual earnings growth rate of N/A is not forecast to beat the US Electrical Equipment & Parts industry's average forecast earnings growth rate of 76.51%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.33%.

Electrovaya's earnings in 2025 is -$30,000.On average, 4 Wall Street analysts forecast ELVA's earnings for 2025 to be $3,910,424, with the lowest ELVA earnings forecast at $2,005,346, and the highest ELVA earnings forecast at $6,016,037. On average, 4 Wall Street analysts forecast ELVA's earnings for 2026 to be $12,433,144, with the lowest ELVA earnings forecast at $6,818,176, and the highest ELVA earnings forecast at $20,053,458.

In 2027, ELVA is forecast to generate $14,037,420 in earnings, with the lowest earnings forecast at $11,229,936 and the highest earnings forecast at $16,844,904.

What is ELVA's revenue growth forecast for 2025-2027?

(NASDAQ: ELVA) Electrovaya's forecast annual revenue growth rate of 46.15% is forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 42.21%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.68%.

Electrovaya's revenue in 2025 is $48,016,000.On average, 4 Wall Street analysts forecast ELVA's revenue for 2025 to be $2,574,543,088, with the lowest ELVA revenue forecast at $2,471,388,102, and the highest ELVA revenue forecast at $2,687,163,305. On average, 4 Wall Street analysts forecast ELVA's revenue for 2026 to be $3,979,809,175, with the lowest ELVA revenue forecast at $3,757,215,797, and the highest ELVA revenue forecast at $4,211,226,075.

In 2027, ELVA is forecast to generate $6,261,692,104 in revenue, with the lowest revenue forecast at $5,865,636,319 and the highest revenue forecast at $6,657,747,890.

What is ELVA's forecast return on assets (ROA) for 2025-2028?

(NASDAQ: ELVA) forecast ROA is 57.39%, which is higher than the forecast US Electrical Equipment & Parts industry average of 1.37%.

What is ELVA's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ELVA price target, the average ELVA price target is $6.50, with the highest ELVA stock price forecast at $10.00 and the lowest ELVA stock price forecast at $4.50.

On average, Wall Street analysts predict that Electrovaya's share price could reach $6.50 by Feb 14, 2026. The average Electrovaya stock price prediction forecasts a potential upside of 92.31% from the current ELVA share price of $3.38.

What is ELVA's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: ELVA) Electrovaya's current Earnings Per Share (EPS) is $0.00. On average, analysts forecast that ELVA's EPS will be $0.10 for 2025, with the lowest EPS forecast at $0.05, and the highest EPS forecast at $0.15. On average, analysts forecast that ELVA's EPS will be $0.31 for 2026, with the lowest EPS forecast at $0.17, and the highest EPS forecast at $0.50. In 2027, ELVA's EPS is forecast to hit $0.35 (min: $0.28, max: $0.42).

What is ELVA's forecast return on equity (ROE) for 2025-2028?

(NASDAQ: ELVA) forecast ROE is 123.38%, which is considered strong.
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