Electrovaya (ELVA) Projected to Release Quarterly Earnings on Wednesday

Electrovaya (NASDAQ:ELVA) is anticipated to release its Q3 2026 results after the market closes on Wednesday, August 12th. Analysts expect the company to post earnings of $0.03 per share and revenue of $21.4420 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 5:00 PM ET.

Electrovaya (NASDAQ:ELVA) last posted its earnings results on Thursday, May 14th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. Electrovaya had a net margin of 7.03% and a return on equity of 11.35%. The business had revenue of $18.05 million for the quarter, compared to analysts’ expectations of $17.74 million. On average, analysts expect Electrovaya to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Electrovaya Stock Performance

NASDAQ:ELVA opened at $9.19 on Wednesday. Electrovaya has a 12-month low of $4.10 and a 12-month high of $12.78. The company has a quick ratio of 5.93, a current ratio of 7.66 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $455.00 million, a PE ratio of 76.59, a price-to-earnings-growth ratio of 1.17 and a beta of 1.69. The firm has a 50-day moving average price of $9.73 and a 200 day moving average price of $9.29.

Institutional Investors Weigh In On Electrovaya

Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP acquired a new stake in Electrovaya during the 3rd quarter valued at $74,000. NewEdge Advisors LLC acquired a new position in Electrovaya in the fourth quarter worth $79,000. Millennium Management LLC acquired a new position in Electrovaya in the third quarter worth $95,000. Virtu Financial LLC bought a new stake in shares of Electrovaya during the third quarter worth $96,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Electrovaya during the third quarter worth $97,000. 22.47% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ELVA has been the topic of several analyst reports. Roth Capital reiterated a “buy” rating on shares of Electrovaya in a research note on Wednesday, July 15th. Weiss Ratings restated a “hold (c)” rating on shares of Electrovaya in a research report on Wednesday, June 24th. HC Wainwright boosted their price target on Electrovaya from $10.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Electrovaya in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.75.

Electrovaya Company Profile

Electrovaya is a Canada-based energy storage company that designs and manufactures advanced lithium-ion battery systems and components. The company’s core business revolves around the development of proprietary electrode and cell technologies that deliver high energy density, rapid charge capability and enhanced safety features. Electrovaya’s product portfolio encompasses large-format battery cells, modules, complete battery packs and integrated energy storage systems tailored to industrial, commercial and utility-scale applications.

In the industrial sector, Electrovaya supplies modular battery systems for material-handling equipment such as electric forklifts, automated guided vehicles and airport ground support vehicles.