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Erayak Power Solution Group (RAYA) Competitors

Erayak Power Solution Group logo
$1.70 +0.05 (+3.03%)
As of 03:57 PM Eastern

RAYA vs. NVX, FREY, NRGV, SKYX, ELVA, ULBI, ZEO, CBAT, NEOV, and STEM

Should you be buying Erayak Power Solution Group stock or one of its competitors? The main competitors of Erayak Power Solution Group include NOVONIX (NVX), FREYR Battery (FREY), Energy Vault (NRGV), SKYX Platforms (SKYX), Electrovaya (ELVA), Ultralife (ULBI), Zeo Energy (ZEO), CBAK Energy Technology (CBAT), NeoVolta (NEOV), and Stem (STEM). These companies are all part of the "electrical equipment" industry.

Erayak Power Solution Group vs.

Erayak Power Solution Group (NASDAQ:RAYA) and NOVONIX (NASDAQ:NVX) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, analyst recommendations, dividends, community ranking, earnings, profitability, valuation, institutional ownership and risk.

NOVONIX received 1 more outperform votes than Erayak Power Solution Group when rated by MarketBeat users.

CompanyUnderperformOutperform
Erayak Power Solution GroupN/AN/A
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes

NOVONIX has a consensus price target of $4.00, suggesting a potential upside of 280.95%. Given NOVONIX's stronger consensus rating and higher possible upside, analysts clearly believe NOVONIX is more favorable than Erayak Power Solution Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erayak Power Solution Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Erayak Power Solution Group has a beta of 0.41, meaning that its stock price is 59% less volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.73, meaning that its stock price is 173% more volatile than the S&P 500.

0.3% of Erayak Power Solution Group shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Erayak Power Solution Group has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Erayak Power Solution Group$22.82M2.09$1.22MN/AN/A
NOVONIX$5.85M28.52-$46.25MN/AN/A

Company Net Margins Return on Equity Return on Assets
Erayak Power Solution GroupN/A N/A N/A
NOVONIX N/A N/A N/A

In the previous week, NOVONIX had 1 more articles in the media than Erayak Power Solution Group. MarketBeat recorded 2 mentions for NOVONIX and 1 mentions for Erayak Power Solution Group. Erayak Power Solution Group's average media sentiment score of 1.91 beat NOVONIX's score of 1.32 indicating that Erayak Power Solution Group is being referred to more favorably in the media.

Company Overall Sentiment
Erayak Power Solution Group Very Positive
NOVONIX Positive

Summary

NOVONIX beats Erayak Power Solution Group on 8 of the 12 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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.
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RAYA vs. The Competition

MetricErayak Power Solution GroupMotors & generators IndustryComputer SectorNASDAQ Exchange
Market Cap$47.60M$7.50B$21.56B$7.36B
Dividend YieldN/A2.28%3.01%4.32%
P/E RatioN/A52.6639.3817.68
Price / Sales2.0911.902,139.5592.88
Price / Cash10.19253.6434.6334.64
Price / Book1.052.365.663.94
Net Income$1.22M$109.86M$736.02M$247.45M
7 Day Performance40.44%4.24%-0.19%0.48%
1 Month Performance39.34%-7.16%-6.23%-7.08%
1 Year Performance183.33%14.24%52,779.28%-0.35%

Erayak Power Solution Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RAYA
Erayak Power Solution Group
0.3307 of 5 stars
$1.70
+3.0%
N/A+160.5%$47.60M$22.82M0.00120Positive News
NVX
NOVONIX
2.4544 of 5 stars
$0.93
-4.0%
$4.00
+330.1%
-60.0%$147.88M$5.85M0.00N/AGap Down
FREY
FREYR Battery
2.0708 of 5 stars
$1.04
+1.0%
$4.00
+284.6%
-38.2%$146.11MN/A-1.37210
NRGV
Energy Vault
2.1571 of 5 stars
$0.68
-12.0%
$1.81
+167.7%
-39.4%$102.99M$46.20M-1.0470
SKYX
SKYX Platforms
2.5235 of 5 stars
$0.94
-4.8%
$4.00
+324.6%
+5.3%$98.41M$86.28M-2.3630Positive News
ELVA
Electrovaya
3.1868 of 5 stars
$2.32
-3.1%
$6.10
+163.5%
-17.5%$92.85M$43.67M-57.8897News Coverage
Gap Down
ULBI
Ultralife
3.0648 of 5 stars
$4.33
-6.4%
$14.00
+223.6%
-48.7%$71.95M$164.46M7.87560Positive News
ZEO
Zeo Energy
0.9782 of 5 stars
$1.39
-1.4%
N/A-73.8%$68.47M$110.07M-1.00N/AGap Up
Trading Halted
CBAT
CBAK Energy Technology
1.7163 of 5 stars
$0.72
+2.5%
N/A-23.9%$64.76M$176.61M6.001,050
NEOV
NeoVolta
1.4458 of 5 stars
$1.93
-3.2%
$7.50
+289.2%
+9.7%$64.40M$2.52M-19.275
STEM
Stem
1.8496 of 5 stars
$0.36
-4.2%
$1.11
+207.8%
-79.3%$59.59M$144.58M-0.07660Analyst Forecast
News Coverage
Gap Down
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This page (NASDAQ:RAYA) was last updated on 4/16/2025 by MarketBeat.com Staff
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