Consensus Rating1
Buy
Highest Price Target1
$10.00
Lowest Price Target1
$5.00
Consensus Price Target1
$7.20

Electrovaya (NASDAQ:ELVA) Stock, Analyst Ratings, Price Targets, Forecasts

Electrovaya Inc has a consensus price target of $7.2 based on the ratings of 5 analysts. The high is $10 issued by HC Wainwright & Co. on December 13, 2024. The low is $5 issued by Alliance Global Partners on September 26, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Alliance Global Partners, and Craig-Hallum on December 13, 2024, September 26, 2024, and August 14, 2024, respectively. With an average price target of $7 between HC Wainwright & Co., Alliance Global Partners, and Craig-Hallum, there's an implied 221.10% upside for Electrovaya Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Aug
1
Sep
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Alliance Global Partners
Craig-Hallum
Roth MKM
Seaport Global

1calculated from analyst ratings

Analyst Ratings for Electrovaya

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FAQ

Q

What is the target price for Electrovaya (ELVA) stock?

A

The latest price target for Electrovaya (NASDAQ:ELVA) was reported by HC Wainwright & Co. on December 13, 2024. The analyst firm set a price target for $10.00 expecting ELVA to rise to within 12 months (a possible 358.72% upside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Electrovaya (ELVA)?

A

The latest analyst rating for Electrovaya (NASDAQ:ELVA) was provided by HC Wainwright & Co., and Electrovaya maintained their buy rating.

Q

When was the last upgrade for Electrovaya (ELVA)?

A

There is no last upgrade for Electrovaya

Q

When was the last downgrade for Electrovaya (ELVA)?

A

There is no last downgrade for Electrovaya.

Q

When is the next analyst rating going to be posted or updated for Electrovaya (ELVA)?

A

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 December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.

Q

Is the Analyst Rating Electrovaya (ELVA) correct?

A

While ratings are subjective and will change, the latest Electrovaya (ELVA) rating was a maintained with a price target of $16.00 to $10.00. The current price Electrovaya (ELVA) is trading at is $2.18, which is out of the analyst’s predicted range.

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