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Metrics as of 10/17/2026, 08:26 AM (Berlin time), refresh in progress.

Electrovaya Stock

Electrovaya Inc.

ELVANASDAQKern
US$5.07
-5.4% today

Company data

Sector
Industrials
Industry
Electrical Equipment & Parts
Country
Canada
CEO
Rajshekar Das Gupta
Employees
123
Market cap
$253 M
IPO
05/01/2010

Electrovaya Inc. is an industrial company in the Industrials / Electrical Equipment & Parts sector, specializing in the development and manufacture of lithium-ion batteries and corresponding system solutions. The Canadian firm, trading under the ticker ELVA, produces batteries for electromobility applications such as…

AI-generated company profile based on the figures on this page, last updated on 01/09/2026. Not investment advice.

Electrovaya stock: price history

16/10/25-25.3 %16/10/26

1D

-5.4%

1W

-11.8%

1M

-18.1%

6M

-47.4%

YTD

-35.8%

1Y

-25.3%

2Y

+124.3%

5Y

-7.0%

10Y

-56.3%

Next earnings date

Next earnings date

09/12/2026 (in 53 days)

Volatility around earnings

~18% stronger price swings than usual

Electrovaya stock scores

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Deterministically calculated from financial metrics, not investment advice. Updated nightly, last on 17/10/2026.

Business model & megatrends

Business model

Robust business model that benefits noticeably from at least one megatrend.

Why this value? Details with Pro only.

1 more assignment (Enabler/Second row) Pro-only.

Electrovaya Inc. is a specialized company focused on the development and manufacturing of proprietary lithium-ion batteries and comprehensive energy systems. Its portfolio ranges from battery modules for electric mobility such as trucks and buses to components for material handling processes, for example forklifts and autonomous transport systems. Additionally, the company manufactures chargers as well as solutions for industrial energy storage and offers specialized power supply solutions for complex applications. Through the development of proprietary technologies, the company serves diverse industry sectors in the field of clean mobility and energy.

Revenue model
Hardware sales
Recurring revenue
None
Pricing power
Moderate
Moat
Narrow
Moat type
Regulatory
Capital intensity
High
Customer concentration
Unknown

Ask the agents about Electrovaya

Analyst assessment of Electrovaya

PRICE TARGET LOW

US$13.00

CONSENSUS

US$17.50

MEDIAN

US$17.50

PRICE TARGET HIGH

US$22.00

1

STRONG BUY

4

BUY

0

HOLD

0

SELL

0

STRONG SELL

5

TOTAL · Buy

As of: 12/08/2026

ANALYST FIRMRATINGACTIONDATE
OppenheimerOutperformmaintain12/08/2026
Raymond JamesStrong Buymaintain16/07/2026
HC Wainwright & Co.Buymaintain15/05/2026
HC Wainwright & Co.Buymaintain14/02/2025 (older than 12 months)
Roth MKMBuymaintain14/02/2025 (older than 12 months)
HC Wainwright & Co.Buymaintain13/12/2024 (older than 12 months)
HC Wainwright & Co.Buymaintain14/08/2024 (older than 12 months)
Craig-HallumBuymaintain14/08/2024 (older than 12 months)

Electrovaya stock metrics

P/E

51.32

P/B

3.75

EV/EBITDA

39.61

RETURN ON EQUITY

0.4%

NET MARGIN

1.7%

DEBT/EQUITY

0.61

DIVIDEND YIELD

0.0%

AS OF

30/06/2026

Free float & liquidity

FREE FLOAT

68.9%

FLOAT SHARES

34,461,642

AVG. DAILY VOLUME (30D)

373,311

Attention

Price since yesterday: -5.4%

Search (Google Trends)

18/0902/1017/10

Institutional holders

FUND / INSTITUTIONSHARESCHANGEAS OF
Planning Strategies Inc.0-3030/09/2026
GAMMA Investing LLC0-7930/09/2026
FMR LLC5,057,085-230,53830/06/2026
PICTON MAHONEY ASSET MANAGEMENT766,348-41,19930/06/2026
THOMPSON SIEGEL & WALMSLEY LLC757,612-142,30230/06/2026
Page 1 / 3

Dividends & Stock splits

DATERATIO
16/06/20231:5

Comparable stocks

Frequently asked questions about Electrovaya stock

What does Electrovaya do?

Electrovaya Inc. is a company in the Industrials sector, Electrical Equipment & Parts industry, headquartered in Canada.

The CEO is Rajshekar Das Gupta, the company employs around 123 people.

The IPO was on 05/01/2010; the stock trades on NASDAQ under the ticker ELVA.

What do analysts say about Electrovaya stock?

5 analysts rate the stock, the consensus is Buy (as of 12/08/2026).

The average price target is US$17.50, ranging from US$13.00 to US$22.00, with a median of US$17.50.

This is an external assessment, not a statement by Market Jury.

When does Electrovaya report next?

The next earnings date is 09/12/2026.

Around past earnings, price swings were roughly 18% stronger than usual.

Does Electrovaya pay a dividend?

No, Electrovaya currently does not pay a dividend.

Which stocks are comparable to Electrovaya?

Comparable stocks include Ballard Power Systems, Eaton, Vertiv Holdings Co, Bloom Energy, AMETEK, Hubbell, Forgent Power Solutions and Acuity Brands.

How can I get Electrovaya stock analyzed?

Clicking "Analyze stock" lets five strategies assess Electrovaya against fixed, published rules and judge it bullish, neutral or bearish. The jury states where it disagrees. A free account starts with 5 credits, a quick check costs 1 credit, a full analysis 2 credits.

Not investment advice. Past performance is not an indicator of future results.