(NASDAQ: ELVA) Electrovaya's forecast annual revenue growth rate of 55.89% is not forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 73.88%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.96%.
Electrovaya's revenue in 2024 is $44,059,000.On average, 3 Wall Street analysts forecast ELVA's revenue for 2024 to be $2,409,097,218, with the lowest ELVA revenue forecast at $2,290,817,805, and the highest ELVA revenue forecast at $2,568,246,633. On average, 3 Wall Street analysts forecast ELVA's revenue for 2025 to be $3,959,992,036, with the lowest ELVA revenue forecast at $3,721,606,240, and the highest ELVA revenue forecast at $4,203,385,084.
In 2026, ELVA is forecast to generate $5,728,905,315 in revenue, with the lowest revenue forecast at $5,728,905,315 and the highest revenue forecast at $5,728,905,315.