Electrovaya Inc. (NASDAQ:ELVA - Free Report) - Investment analysts at HC Wainwright issued their Q1 2025 earnings estimates for Electrovaya in a research note issued on Friday, December 13th. HC Wainwright analyst A. Dayal anticipates that the company will post earnings of $0.00 per share for the quarter. HC Wainwright has a "Buy" rating and a $10.00 price target on the stock. The consensus estimate for Electrovaya's current full-year earnings is ($0.05) per share. HC Wainwright also issued estimates for Electrovaya's Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.06 EPS and FY2029 earnings at $1.00 EPS.
Separately, Alliance Global Partners assumed coverage on Electrovaya in a research note on Thursday, September 26th. They set a "buy" rating and a $5.00 price objective for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $7.25.
Check Out Our Latest Stock Report on ELVA
Electrovaya Price Performance
NASDAQ:ELVA traded down $0.18 during trading hours on Monday, hitting $2.40. The stock had a trading volume of 90,572 shares, compared to its average volume of 40,831. The firm has a market capitalization of $81.94 million, a price-to-earnings ratio of -258.00 and a beta of 1.91. Electrovaya has a one year low of $1.67 and a one year high of $4.58. The company has a 50 day simple moving average of $2.35 and a two-hundred day simple moving average of $2.37. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.99 and a quick ratio of 0.54.
Electrovaya Company Profile
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Electrovaya Inc engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties.
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