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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.
1calculated from analyst ratings
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.
The latest analyst rating for Electrovaya (NASDAQ:ELVA) was provided by HC Wainwright & Co., 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 December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.
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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