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ELVA

Electrovaya Inc.

ELVA

NASDAQ·Industrials·Electrical Equipment & Parts·Mkt cap $329.2M

$6.65

0.00%

P/E

67.31

Mkt Cap

$329.2M

52-Wk Range

$4.10–$12.78

52-Week Range

$4.10 - $12.78

P/E

67.31

Fwd P/E

69.10

Beta

0.61

Div Yield

0.00%

Avg Vol

870.6K

Shares Out

39.1M

Mkt Cap

$329.2M

Price action

Price chart

Up 15.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary lithium-ion battery technology and manufacturing expertise
  • Established customer relationships in materials handling and commercial transportation sectors
  • Vertical integration in battery design, development, and manufacturing
  • Strategic positioning in high-growth electrification markets with regulatory tailwinds

Bear Case

2 risks

  • Low volatility (beta 0.6).
  • High premium - requires strong execution

Growth

Stable outlook

Accelerating electrification of commercial vehicle fleets globally

Value

High premium - requires strong execution

Momentum

Falling

-41.3% over 3m

Quality

Stable

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Q3 26 RECAP

AUG 10, 2026

Reported EPS of $0.01 vs $0.03 consensus (-66.7% surprise). Revenue of $17.7M vs $21.4M expected (-17.4%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-66.7%

Revenue trend · last 8Q

+40%

+67%

+75%

+39%

+19%

+1%

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

Q2 26

Q3 26

$11.6M

$11.2M

$15.0M

$17.1M

$20.3M

$15.6M

$17.8M

$17.3M

Margins · last 8Q

Gross

Operating

Profit

1.7%

Wall Street consensus

3 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Raymond James · Jul 16, 2026

vs Industry

How ELVA stacks vs Electrical Equipment & Parts

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.