Q2 EPS Estimates for Electrovaya Lifted by Seaport Res Ptn

Electrovaya Inc. (NASDAQ:ELVA) – Stock analysts at Seaport Res Ptn increased their Q2 2025 earnings per share (EPS) estimates for shares of Electrovaya in a note issued to investors on Tuesday, February 18th. Seaport Res Ptn analyst J. Campbell now anticipates that the company will post earnings of $0.05 per share for the quarter, up from their prior forecast of $0.03. The consensus estimate for Electrovaya’s current full-year earnings is $0.06 per share. Seaport Res Ptn also issued estimates for Electrovaya’s Q3 2025 earnings at $0.06 EPS, Q1 2026 earnings at $0.04 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.15 EPS and Q4 2026 earnings at $0.19 EPS.

Electrovaya (NASDAQ:ELVA) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. Electrovaya had a negative return on equity of 21.25% and a negative net margin of 3.88%.

Other analysts also recently issued research reports about the company. HC Wainwright reissued a “buy” rating and set a $10.00 target price on shares of Electrovaya in a research note on Friday, February 14th. Roth Mkm reissued a “buy” rating and set a $5.00 target price (up previously from $4.00) on shares of Electrovaya in a research note on Friday, February 14th. Finally, Raymond James set a $4.50 target price on Electrovaya and gave the company a “strong-buy” rating in a research note 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’s stock. Based on data from MarketBeat, Electrovaya presently has an average rating of “Buy” and a consensus target price of $6.10.

Electrovaya Stock Down 0.4 %

ELVA stock opened at $2.49 on Wednesday. The business’s 50-day moving average price is $2.48 and its 200-day moving average price is $2.32. Electrovaya has a twelve month low of $1.67 and a twelve month high of $4.24. The company has a quick ratio of 0.69, a current ratio of 1.03 and a debt-to-equity ratio of 0.22.

Institutional Investors Weigh In On Electrovaya

Several hedge funds have recently made changes to their positions in ELVA. Polar Asset Management Partners Inc. purchased a new stake in shares of Electrovaya in the 4th quarter worth $5,372,000. Herald Investment Management Ltd lifted its holdings 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 buying an additional 930,000 shares during the period. Mink Brook Asset Management LLC purchased a new stake in shares of Electrovaya in the 4th quarter worth $867,000. Penbrook Management LLC purchased a new stake in shares of Electrovaya in the 4th quarter worth $448,000. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Electrovaya in the 4th quarter worth $435,000. 22.47% of the stock is currently owned by hedge funds and other institutional investors.

Electrovaya Company Profile

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.