Electrovaya (ELVA) Competitors $4.72 +0.20 (+4.42%) Closing price 08/22/2025 04:00 PM EasternExtended Trading$4.70 -0.01 (-0.32%) As of 08/22/2025 04:10 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock ELVA vs. BLDP, NPWR, BYRN, SES, EAF, RONI, NRGV, NVX, FREY, and ELPWShould you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include Ballard Power Systems (BLDP), NET Power (NPWR), Byrna Technologies (BYRN), SES AI (SES), GrafTech International (EAF), Rice Acquisition Corp. II (RONI), Energy Vault (NRGV), NOVONIX (NVX), FREYR Battery (FREY), and Elong Power (ELPW). These companies are all part of the "electrical equipment" industry. Electrovaya vs. Its Competitors Ballard Power Systems NET Power Byrna Technologies SES AI GrafTech International Rice Acquisition Corp. II Energy Vault NOVONIX FREYR Battery Elong Power Electrovaya (NASDAQ:ELVA) and Ballard Power Systems (NASDAQ:BLDP) are both small-cap electrical equipment companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, earnings, dividends, analyst recommendations and institutional ownership. Do analysts rate ELVA or BLDP? Electrovaya presently has a consensus price target of $6.13, suggesting a potential upside of 29.77%. Ballard Power Systems has a consensus price target of $1.51, suggesting a potential downside of 24.69%. Given Electrovaya's stronger consensus rating and higher possible upside, research analysts plainly believe Electrovaya is more favorable than Ballard Power Systems.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Electrovaya 1 Sell rating(s) 0 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 2.80Ballard Power Systems 4 Sell rating(s) 11 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 1.73 Is ELVA or BLDP more profitable? Electrovaya has a net margin of 2.19% compared to Ballard Power Systems' net margin of -409.35%. Electrovaya's return on equity of 6.66% beat Ballard Power Systems' return on equity.Company Net Margins Return on Equity Return on Assets Electrovaya2.19% 6.66% 2.61% Ballard Power Systems -409.35%-21.52%-18.62% Which has more volatility & risk, ELVA or BLDP? Electrovaya has a beta of 1.56, suggesting that its share price is 56% more volatile than the S&P 500. Comparatively, Ballard Power Systems has a beta of 1.76, suggesting that its share price is 76% more volatile than the S&P 500. Do institutionals and insiders have more ownership in ELVA or BLDP? 22.5% of Electrovaya shares are held by institutional investors. Comparatively, 28.0% of Ballard Power Systems shares are held by institutional investors. 0.2% of Ballard Power Systems shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth. Which has stronger valuation and earnings, ELVA or BLDP? Electrovaya has higher earnings, but lower revenue than Ballard Power Systems. Ballard Power Systems is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioElectrovaya$44.62M4.24-$1.49M$0.03157.33Ballard Power Systems$72.51M8.31-$324.24M-$0.99-2.03 Does the media refer more to ELVA or BLDP? In the previous week, Ballard Power Systems had 4 more articles in the media than Electrovaya. MarketBeat recorded 10 mentions for Ballard Power Systems and 6 mentions for Electrovaya. Electrovaya's average media sentiment score of 1.01 beat Ballard Power Systems' score of 0.52 indicating that Electrovaya is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Electrovaya 3 Very Positive mention(s) 0 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Ballard Power Systems 1 Very Positive mention(s) 0 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive SummaryElectrovaya beats Ballard Power Systems on 11 of the 17 factors compared between the two stocks. Get Electrovaya News Delivered to You Automatically Sign up to receive the latest news and ratings for ELVA and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding ELVA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart ELVA vs. The Competition Export to ExcelMetricElectrovayaELEC PRODS IndustryComputer SectorNASDAQ ExchangeMarket Cap$189.31M$8.80B$29.75B$9.76BDividend YieldN/A1.75%3.09%4.06%P/E Ratio157.3918.9154.5026.05Price / Sales4.2435.701,261.3588.42Price / CashN/A15.7635.9859.36Price / Book8.438.849.606.60Net Income-$1.49M$278.65M$805.43M$265.65M7 Day PerformanceN/A0.61%1.69%2.00%1 Month Performance1.07%-2.99%0.02%0.46%1 Year Performance123.70%1.13%24,310.30%18.88% Electrovaya Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ELVAElectrovaya3.2975 of 5 stars$4.72+4.4%$6.13+29.8%+123.7%$189.31M$44.62M157.3997Positive NewsShort Interest ↑BLDPBallard Power Systems1.0861 of 5 stars$1.99-0.5%$1.51-23.9%+1.0%$599.74M$69.73M-2.011,370Analyst RevisionNPWRNET Power2.8397 of 5 stars$2.44+2.5%$4.00+63.9%-70.0%$521.38M$250K-1.0324News CoverageBYRNByrna Technologies3.189 of 5 stars$19.40+1.1%$38.75+99.7%+82.5%$435.46M$85.76M31.29150Positive NewsSESSES AI1.8839 of 5 stars$1.13+4.2%$1.50+33.3%+3.8%$394.98M$2.04M-3.63130EAFGrafTech International2.1291 of 5 stars$1.23-4.3%$1.63+32.7%+34.7%$330.43M$538.78M-1.491,072News CoverageAnalyst DowngradeStock SplitGap UpRONIRice Acquisition Corp. IIN/A$2.38-4.4%N/A-69.4%$287.39MN/A0.0024News CoverageHigh Trading VolumeNRGVEnergy Vault1.4328 of 5 stars$1.52+2.4%$1.42-6.5%+53.0%$239.55M$46.20M-1.5670News CoverageNVXNOVONIX0.765 of 5 stars$1.29-3.4%N/A-14.1%$213.16M$5.85M0.00N/ANews CoverageGap UpFREYFREYR Battery1.866 of 5 stars$1.48+17.5%$4.00+170.3%+19.5%$207.93MN/A-1.95210High Trading VolumeELPWElong PowerN/A$3.44-5.5%N/AN/A$182.20M$1.40M0.00N/ANews CoverageAnalyst Upgrade Related Companies and Tools Related Companies Ballard Power Systems Competitors NET Power Competitors Byrna Technologies Competitors SES AI Competitors GrafTech International Competitors Rice Acquisition Corp. II Competitors Energy Vault Competitors NOVONIX Competitors FREYR Battery Competitors Elong Power Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:ELVA) was last updated on 8/24/2025 by MarketBeat.com Staff From Our Partners“Sell Nvidia before earnings”Eric Fry just went live with one of his most controversial calls yet: “Sell Nvidia.” While Wall Street has bee...InvestorPlace | SponsoredTax Drain Deadline: Protect Your Wealth Before September 15thOn September 15th, the IRS collects another round of quarterly tax payments—targeting self-employed profession...American Alternative | SponsoredEveryone’s watching Nvidia right now. 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