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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for ELVA

Based on 1 analyst offering 12 month price targets for Electrovaya Inc

Min Forecast
$14.00+58.19%
Avg Forecast
$14.00+58.19%
Max Forecast
$14.00+58.19%

Should I buy or sell ELVA stock?

Based on 1 analyst offering ratings for Electrovaya Inc.

Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although ELVA's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates ELVA as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

Be the first to know when Wall Street analysts revise their ELVA stock forecasts and price targets.

ELVA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2025-12-18

1 of 1

Forecast return on equity

Is ELVA forecast to generate an efficient return?

Company
104.87%
Industry
80.47%
Market
208.53%
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
51.06%
Industry
27.77%
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
$0.18+96.44%
Avg 2 year Forecast
$0.33+262.67%
Avg 3 year Forecast
$0.61+580%
ELVA's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ELVA revenue forecast

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

Avg 1 year Forecast
$89.5M+40.2%
Avg 2 year Forecast
$134.1M+110.07%
Avg 3 year Forecast
$197.6M+209.54%
ELVA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ELVA earnings growth forecast

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

Company
85.78%
Industry
71.04%
Market
40.5%
ELVA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ELVA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ELVA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ELVA revenue growth forecast

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

Company
44.4%
Industry
28.04%
Market
22.95%
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$8.85$14.00+58.19%Buy
FCEL$7.58$9.63+26.98%Hold
EAF$17.00$14.50-14.71%Hold
NVX$1.49N/AN/A
SKYX$2.04$5.00+145.10%Strong Buy
View Top Electrical Equipment & Part Stocks

Electrovaya Stock Forecast FAQ

Is Electrovaya Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: ELVA) stock is to Buy ELVA stock.

Out of 1 analyst, 0 (0%) are recommending ELVA as a Strong Buy, 1 (100%) 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 2026-2028?

(NASDAQ: ELVA) Electrovaya's forecast annual earnings growth rate of 85.78% is forecast to beat the US Electrical Equipment & Parts industry's average forecast earnings growth rate of 71.04%, and it is also forecast to beat the US market's average forecast earnings growth rate of 40.5%.

Electrovaya's earnings in 2026 is $3,363,000.On average, 6 Wall Street analysts forecast ELVA's earnings for 2026 to be $7,444,857, with the lowest ELVA earnings forecast at $4,126,674, and the highest ELVA earnings forecast at $9,727,161. On average, 5 Wall Street analysts forecast ELVA's earnings for 2027 to be $13,744,351, with the lowest ELVA earnings forecast at $11,554,688, and the highest ELVA earnings forecast at $15,917,172.

In 2028, ELVA is forecast to generate $25,770,659 in earnings, with the lowest earnings forecast at $24,760,045 and the highest earnings forecast at $26,528,620.

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

(NASDAQ: ELVA) Electrovaya's forecast annual revenue growth rate of 44.4% is forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 28.04%, and it is also forecast to beat the US market's average forecast revenue growth rate of 22.95%.

Electrovaya's revenue in 2026 is $63,826,000.On average, 6 Wall Street analysts forecast ELVA's revenue for 2026 to be $3,767,948,271, with the lowest ELVA revenue forecast at $3,425,139,553, and the highest ELVA revenue forecast at $4,226,051,211. On average, 6 Wall Street analysts forecast ELVA's revenue for 2027 to be $5,645,963,994, with the lowest ELVA revenue forecast at $5,011,803,658, and the highest ELVA revenue forecast at $6,632,154,900.

In 2028, ELVA is forecast to generate $8,319,459,324 in revenue, with the lowest revenue forecast at $7,993,536,284 and the highest revenue forecast at $8,564,533,239.

What is ELVA's forecast return on assets (ROA) for 2026-2029?

(NASDAQ: ELVA) forecast ROA is 51.06%, which is higher than the forecast US Electrical Equipment & Parts industry average of 27.77%.

What is ELVA's Price Target?

According to 1 Wall Street analyst that have issued a 1 year ELVA price target, the average ELVA price target is $14.00, with the highest ELVA stock price forecast at $14.00 and the lowest ELVA stock price forecast at $14.00.

The Wall Street analyst predicted that Electrovaya's share price could reach $14.00 by Dec 18, 2026. The average Electrovaya stock price prediction forecasts a potential upside of 58.19% from the current ELVA share price of $8.85.

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

(NASDAQ: ELVA) Electrovaya's current Earnings Per Share (EPS) is $0.09. On average, analysts forecast that ELVA's EPS will be $0.18 for 2026, with the lowest EPS forecast at $0.10, and the highest EPS forecast at $0.23. On average, analysts forecast that ELVA's EPS will be $0.33 for 2027, with the lowest EPS forecast at $0.27, and the highest EPS forecast at $0.38. In 2028, ELVA's EPS is forecast to hit $0.61 (min: $0.59, max: $0.63).

What is ELVA's forecast return on equity (ROE) for 2026-2029?

(NASDAQ: ELVA) forecast ROE is 104.87%, which is considered strong.
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