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

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Forecast return on equity

Is ELVA forecast to generate an efficient return?

Company
124.56%
Industry
50.59%
Market
142.96%
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
51.64%
Industry
18.83%
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 6 analysts?

Avg 1 year Forecast
$0.22
Avg 2 year Forecast
$0.43
Avg 3 year Forecast
$0.69

ELVA revenue forecast

What is ELVA's revenue in the next 3 years based on estimates from 6 analysts?

Avg 1 year Forecast
$95.4M
Avg 2 year Forecast
$131.8M
Avg 3 year Forecast
$196.4M

ELVA vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
ELVA$6.47N/AN/A
NVX$1.51N/AN/A
FCEL$8.95$9.08+1.49%Hold
TGEN$9.98$15.00+50.30%Strong Buy
SKYX$1.76$5.00+184.09%Strong Buy

Electrovaya Stock Forecast FAQ

What is ELVA's earnings growth forecast for 2026-2028?

(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 46.18%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 41%.

Electrovaya's earnings in 2025 is N/A.On average, 6 Wall Street analysts forecast ELVA's earnings for 2026 to be $8,899,724, with the lowest ELVA earnings forecast at $4,716,573, and the highest ELVA earnings forecast at $16,844,904. On average, 5 Wall Street analysts forecast ELVA's earnings for 2027 to be $17,181,802, with the lowest ELVA earnings forecast at $14,542,767, and the highest ELVA earnings forecast at $18,950,517.

In 2028, ELVA is forecast to generate $27,818,156 in earnings, with the lowest earnings forecast at $26,727,248 and the highest earnings forecast at $28,636,337.

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What is ELVA's revenue growth forecast for 2026-2028?

(NASDAQ: ELVA) Electrovaya's forecast annual revenue growth rate of N/A is not forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 18.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 24.86%.

Electrovaya's revenue in 2025 is N/A.On average, 6 Wall Street analysts forecast ELVA's revenue for 2026 to be $3,826,801,295, with the lowest ELVA revenue forecast at $3,356,627,930, and the highest ELVA revenue forecast at $4,421,787,379. On average, 5 Wall Street analysts forecast ELVA's revenue for 2027 to be $5,286,091,397, with the lowest ELVA revenue forecast at $4,570,985,103, and the highest ELVA revenue forecast at $6,150,796,484.

In 2028, ELVA is forecast to generate $7,876,195,968 in revenue, with the lowest revenue forecast at $7,567,372,722 and the highest revenue forecast at $8,107,612,867.

What is ELVA's forecast return on assets (ROA) for 2026-2028?

(NASDAQ: ELVA) forecast ROA is 51.64%, which is higher than the forecast US Electrical Equipment & Parts industry average of 18.83%.

What is ELVA's Earnings Per Share (EPS) forecast for 2026-2028?

(NASDAQ: ELVA) Electrovaya's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that ELVA's EPS will be $0.22 for 2026, with the lowest EPS forecast at $0.12, and the highest EPS forecast at $0.42. On average, analysts forecast that ELVA's EPS will be $0.43 for 2027, with the lowest EPS forecast at $0.36, and the highest EPS forecast at $0.47. In 2028, ELVA's EPS is forecast to hit $0.69 (min: $0.67, max: $0.71).

What is ELVA's forecast return on equity (ROE) for 2026-2028?

(NASDAQ: ELVA) forecast ROE is 124.56%, which is considered strong.
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