Electrovaya Inc. (ELVA)
Makes lithium-ion batteries and systems for electric vehicles, forklifts, and energy storage.
$7.99-0.05%Industrials
StockGlow Score
Leaning Bullish
BearishBullish
1 year ago+64.4%
The outlook
ELVA is trading at $7.99, currently below both its 50- and 200-day moving averages. Analyst consensus is unanimously "Strong Buy" with an average price target implying roughly 122% upside from current levels. The stock sits in the lower half of its 52-week range, though the elevated trailing P/E of 79.9 reflects market pricing of future growth expectations.
What’s behind the score
Analyst consensusStrong Buy — 1.0 avg of 4 analysts
Price trendBelow its 50- & 200-day averages
52-week range45% of the way from its 52-week low to high
Price targetAvg target +122% vs current price
Analyst price target
~12-month · 4 analysts$17.75average target+122.2% vs now
Now $7.99
Low $14.00High $22.00
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$395.6M
52-wk high
$12.78
52-wk low
$4.10
50-day avg
$9.98
200-day avg
$8.32
Trailing P/E
79.9