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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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.
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.
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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.