Q1 Earnings Estimate for Electrovaya Issued By HC Wainwright

Electrovaya Inc. (NASDAQ:ELVA) – Stock analysts at HC Wainwright issued their Q1 2026 earnings per share estimates for Electrovaya in a report issued on Friday, December 12th. HC Wainwright analyst A. Dayal expects that the company will post earnings of $0.01 per share for the quarter. The consensus estimate for Electrovaya’s current full-year earnings is $0.10 per share. HC Wainwright also issued estimates for Electrovaya’s Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.12 EPS, FY2028 earnings at $0.60 EPS, FY2029 earnings at $0.76 EPS and FY2030 earnings at $0.95 EPS.

Electrovaya (NASDAQ:ELVA) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. Electrovaya had a return on equity of 15.88% and a net margin of 5.27%.The company had revenue of $20.51 million for the quarter, compared to analyst estimates of $20.26 million.

ELVA has been the subject of a number of other reports. Raymond James Financial restated a “strong-buy” rating and set a $9.50 price objective on shares of Electrovaya in a research note on Thursday. Weiss Ratings reissued a “hold (c-)” rating on shares of Electrovaya in a report on Monday, December 8th. Zacks Research upgraded Electrovaya from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Wall Street Zen downgraded Electrovaya from a “buy” rating to a “hold” rating in a research report on Sunday, September 28th. Finally, Roth Capital set a $7.00 price target on Electrovaya in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $7.88.

Electrovaya Stock Performance

Shares of ELVA opened at $6.66 on Monday. The stock has a market capitalization of $316.42 million, a price-to-earnings ratio of 74.01 and a beta of 1.67. Electrovaya has a 12 month low of $1.80 and a 12 month high of $7.72. The firm has a fifty day simple moving average of $5.71 and a 200 day simple moving average of $5.06. The company has a current ratio of 4.03, a quick ratio of 2.88 and a debt-to-equity ratio of 0.91.

Institutional Trading of Electrovaya

Several large investors have recently made changes to their positions in ELVA. WealthTrust Axiom LLC raised its holdings in shares of Electrovaya by 133.9% during the 1st quarter. WealthTrust Axiom LLC now owns 394,079 shares of the company’s stock worth $910,000 after buying an additional 225,629 shares in the last quarter. Herald Investment Management Ltd grew its position in Electrovaya by 7.2% in the second quarter. Herald Investment Management Ltd now owns 1,265,000 shares of the company’s stock valued at $4,314,000 after acquiring an additional 85,000 shares during the last quarter. AMH Equity Ltd raised its stake in Electrovaya by 100.0% during the second quarter. AMH Equity Ltd now owns 200,000 shares of the company’s stock worth $682,000 after acquiring an additional 100,000 shares in the last quarter. Penbrook Management LLC lifted its holdings in shares of Electrovaya by 69.1% in the second quarter. Penbrook Management LLC now owns 308,111 shares of the company’s stock worth $1,050,000 after acquiring an additional 125,896 shares during the last quarter. Finally, Mink Brook Asset Management LLC boosted its stake in shares of Electrovaya by 8.3% in the 1st quarter. Mink Brook Asset Management LLC now owns 378,388 shares of the company’s stock valued at $874,000 after purchasing an additional 28,935 shares in the last quarter. Institutional investors and hedge funds own 22.47% of the company’s stock.

Electrovaya Company Profile

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.