Q2 Earnings Estimate for Electrovaya Issued By Roth Capital

Electrovaya Inc. (NASDAQ:ELVA) – Stock analysts at Roth Capital lowered their Q2 2025 EPS estimates for shares of Electrovaya in a report issued on Friday, February 14th. Roth Capital analyst C. Irwin now forecasts that the company will post earnings per share of $0.03 for the quarter, down from their prior estimate of $0.05. The consensus estimate for Electrovaya’s current full-year earnings is $0.11 per share. Roth Capital also issued estimates for Electrovaya’s Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.08 EPS.

Several other equities research analysts have also issued reports on ELVA. HC Wainwright reaffirmed a “buy” rating and set a $10.00 price target on shares of Electrovaya in a report on Friday, February 14th. Roth Mkm reaffirmed a “buy” rating and set a $5.00 price target (up from $4.00) on shares of Electrovaya in a report on Friday, February 14th. Finally, Raymond James set a $4.50 target price on shares of Electrovaya and gave the stock a “strong-buy” rating in a report on Thursday, January 30th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $6.10.

Electrovaya Price Performance

ELVA stock opened at $2.49 on Monday. The company has a quick ratio of 0.69, a current ratio of 1.03 and a debt-to-equity ratio of 0.22. Electrovaya has a 12 month low of $1.67 and a 12 month high of $4.24. The firm has a market cap of $99.82 million, a P/E ratio of -83.00 and a beta of 1.84. The company’s 50-day moving average price is $2.48 and its two-hundred day moving average price is $2.32.

Electrovaya (NASDAQ:ELVA) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. Electrovaya had a negative net margin of 3.33% and a negative return on equity of 18.87%.

Institutional Investors Weigh In On Electrovaya

Institutional investors have recently added to or reduced their stakes in the business. Polar Asset Management Partners Inc. acquired a new position in shares of Electrovaya in the 4th quarter worth approximately $5,372,000. Herald Investment Management Ltd lifted its position in shares of Electrovaya by 372.0% in the 4th quarter. Herald Investment Management Ltd now owns 1,180,000 shares of the company’s stock worth $2,856,000 after purchasing an additional 930,000 shares during the period. Mink Brook Asset Management LLC acquired a new position in shares of Electrovaya in the 4th quarter worth approximately $867,000. Penbrook Management LLC acquired a new position in shares of Electrovaya in the 4th quarter worth approximately $448,000. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Electrovaya in the 4th quarter worth approximately $435,000. 22.47% of the stock is owned by institutional investors.

About Electrovaya

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.