Electrovaya Inc. (ELVA) Stock Forecast & Price Target
Electrovaya Inc. · NASDAQ
$8.38+0.05 (+0.60%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Electrovaya Inc, 3 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $14.00 to $22.00, a moderate spread. The average target of $17.00 sits 103% above the current $8.38. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 1 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.06 next quarter toward $0.34 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy133%
Buy267%
Hold00%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Electrovaya Inc.
As of Jul, 3 of 3 firms rate ELVA a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ELVA EPS & revenue forecast
EPS · NEXT QUARTER
$0.06
Range $0.04 – $0.10 · 4 analysts · +20% YoY
Next period, 4 analysts expect Electrovaya Inc. to earn $0.06 a share (range $0.04 – $0.10), versus $0.05 a year earlier. Full-year consensus is $0.13, growing to $0.34 the year after.
REVENUE · NEXT QUARTER
$27.7M
Range $26.3M – $29.4M · 4 analysts · +35% YoY
Revenue is expected to reach $27.7M (range $26.3M – $29.4M), +35.2% year-over-year. Full-year consensus is $82.0M, rising to $123.7M next year.
Top analysts covering Electrovaya Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ELVA.
#1
Eric Stine
Craig-Hallum · Rank #124
Buy
$6.00-28.4% to target
Overall win rate
44%
+ Follow
#2
Colin Rusch
Oppenheimer · Rank #160
Buy
$14.00+67.1% to target
Overall win rate
39%
+ Follow
#3
Craig Irwin
Roth MKM · Rank #331
Buy
$5.00-40.3% to target
Overall win rate
26%
+ Follow
#4
Amit Dayal
HC Wainwright & Co. · Rank #332
Buy
$15.00+79.0% to target
Overall win rate
25%
+ Follow
#5
DM
Daniel Magder
Raymond James
Buy
$22.00+162.5% to target
Coverage
—
+ Follow
ELVA stock forecast FAQ
What is ELVA's average 12-month price target?+
The 3 analysts with a live target average $17.00 for Electrovaya Inc. over the next 12 months, ranging from a $22.00 high to a $14.00 low.
Is ELVA stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 3 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for ELVA?+
The Street-high target is $22.00 (Raymond James), and the Street-low is $14.00 (Oppenheimer). The average of all 3 active targets is $17.00.
How many Wall Street analysts cover ELVA?+
3 analysts have an active rating on Electrovaya Inc., and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering ELVA?+
Among analysts who currently cover ELVA, Eric Stine of Craig-Hallum has the strongest overall Quantellect track record (Rank #124). Their current call is Buy with a $6.00 target.
What is Electrovaya Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.06 per share (range $0.04 – $0.10) across 4 analysts. Full-year EPS is projected at $0.13, rising to $0.34 the following year.
How much revenue is Electrovaya Inc. expected to report next quarter?+
Consensus revenue is $27.7M (range $26.3M – $29.4M). Full-year revenue is projected at $82.0M, growing to $123.7M next year.
Have analysts been upgrading or downgrading ELVA lately?+
As of Jul, 3 of 3 firms rate ELVA a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ELVA calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
