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
$13.00+95.78%
Avg Forecast
$16.67+151.01%
Max Forecast
$22.00+231.33%

Should I buy or sell ELVA stock?

Based on 3 analysts offering ratings for Electrovaya Inc.

Strong Buy
Strong Buy
1 analysts 33.33%
Buy
2 analysts 66.67%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although ELVA's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates ELVA as a "Sell". Stocks with a Zen Rating of Sell have had an average return of -6.47% per year. Learn More

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ELVA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-08-12
lockedlocked$00.00+00.00%2026-07-16
lockedlocked$00.00+00.00%2026-05-15

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ELVA vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
ELVA$6.64$16.67+151.01%Strong Buy
MVST$0.81$4.00+396.89%Buy
LTBR$8.22N/AN/A
ESP$64.78$65.00+0.34%Hold
EAF$6.83$9.00+31.77%Sell

Electrovaya Stock Forecast FAQ

Is Electrovaya Stock a good buy in 2026, 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, 1 (33.33%) are recommending ELVA as a Strong Buy, 2 (66.67%) 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 Price Target?

According to 3 Wall Street analysts that have issued a 1 year ELVA price target, the average ELVA price target is $16.67, with the highest ELVA stock price forecast at $22.00 and the lowest ELVA stock price forecast at $13.00.

On average, Wall Street analysts predict that Electrovaya's share price could reach $16.67 by Aug 12, 2027. The average Electrovaya stock price prediction forecasts a potential upside of 151.01% from the current ELVA share price of $6.64.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.