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ELVA

Electrovaya Inc. (NASDAQ)

Industrials — Electrical Equipment & Parts

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 operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge the batteries; lithium-ion batteries for robotic applications; lithium ion battery cell and modules for sales to OEM customers in the defense, construction, and other applications; high voltage battery systems for electric bus, truck, and defense applications; and industrial products for energy storage. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.

None 5 analysts
$10.48
$-0.02 (-0.19%)
Target: $14.80 (41.2%)
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Price History

52-Week Range

Fundamentals

Market Cap$518.84M
P/E Ratio (TTM)95.27
Forward P/E29.44
EPS (TTM)$0.11
Dividend Yield-
Profit Margin7.03%
Revenue Growth20.20%
ROE11.94%
Debt/Equity54.58
Recommendation None
Analyst Target$14.80
Analysts5
Indexes NASDAQ

Technical Indicators

RSI (14)62.6
Beta0.61
SMA 20-
SMA 40-
52-Week High$12.78
52-Week Low$3.11
50-Day Avg$10.24
200-Day Avg$8.09
Avg Volume415.5K
Volume156.1K

Performance Analysis

BULLISH

ELVA shows predominantly bullish signals based on its fundamentals and technicals.

+ Showing strength at 76% of its 52-week range.
+ RSI at 62.6 shows positive momentum.
+ Price is above both the 50-day and 200-day moving averages — strong uptrend.
- P/E of 95.3 is elevated — the market expects high growth or it may be overvalued.
+ Strong revenue growth of 20.2% year-over-year.
~ Wall Street consensus is "none" from 5 analysts.
+ Average analyst target of $14.80 implies 41.2% upside.

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Last updated: Jul 02, 2026 13:07 UTC

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