Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Pro members get actionable news alerts up to 30 minutes before other traders — Get our lowest prices
Pro members get actionable news alerts up to 30 minutes before other traders — Get our lowest prices
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Electrovaya Inc has a consensus price target of $9.25 based on the ratings of 4 analysts. The high is $16 issued by HC Wainwright & Co. on August 14, 2024. The low is $6 issued by Craig-Hallum on August 14, 2024. The 3 most-recent analyst ratings were released by Craig-Hallum, HC Wainwright & Co., and HC Wainwright & Co. on August 14, 2024, August 14, 2024, and June 14, 2024, respectively. With an average price target of $12.67 between Craig-Hallum, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 539.73% upside for Electrovaya Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Electrovaya (NASDAQ:ELVA) was reported by Craig-Hallum on August 14, 2024. The analyst firm set a price target for $6.00 expecting ELVA to rise to within 12 months (a possible 203.03% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Electrovaya (NASDAQ:ELVA) was provided by Craig-Hallum, and Electrovaya maintained their buy rating.
There is no last upgrade for Electrovaya
There is no last downgrade for Electrovaya.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Electrovaya, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Electrovaya was filed on August 14, 2024 so you should expect the next rating to be made available sometime around August 14, 2025.
While ratings are subjective and will change, the latest Electrovaya (ELVA) rating was a maintained with a price target of $9.00 to $6.00. The current price Electrovaya (ELVA) is trading at is $1.98, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.