Electrovaya (ELVA) to Release Quarterly Earnings on Thursday

Electrovaya (NASDAQ:ELVA) is expected to issue its Q1 2026 results before the market opens on Thursday, February 12th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $16.7090 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, February 12, 2026 at 5:00 PM ET.

Electrovaya (NASDAQ:ELVA) last posted its quarterly earnings results on Wednesday, December 10th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. Electrovaya had a return on equity of 14.21% and a net margin of 5.27%.The business had revenue of $20.51 million for the quarter, compared to analyst estimates of $20.26 million. On average, analysts expect Electrovaya to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Electrovaya Stock Performance

Shares of ELVA opened at $9.22 on Thursday. The stock has a market capitalization of $442.19 million, a PE ratio of 102.46 and a beta of 1.36. The business’s fifty day moving average price is $8.04 and its 200 day moving average price is $6.47. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.16 and a quick ratio of 2.93. Electrovaya has a 12-month low of $1.80 and a 12-month high of $11.88.

Institutional Trading of Electrovaya

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP acquired a new stake in shares of Electrovaya in the 3rd quarter worth approximately $74,000. Millennium Management LLC bought a new stake in Electrovaya during the third quarter worth approximately $95,000. Virtu Financial LLC bought a new stake in Electrovaya during the third quarter worth approximately $96,000. Susquehanna International Group LLP acquired a new stake in Electrovaya in the third quarter worth approximately $97,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Electrovaya during the 3rd quarter valued at $118,000. 22.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ELVA shares. Weiss Ratings restated a “hold (c)” rating on shares of Electrovaya in a research report on Monday, December 29th. Oppenheimer began coverage on shares of Electrovaya in a research note on Thursday, December 18th. They set an “outperform” rating and a $14.00 price objective on the stock. Zacks Research raised shares of Electrovaya from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $9.50 target price on shares of Electrovaya in a report on Thursday, December 11th. Finally, Roth Mkm set a $7.00 price target on Electrovaya in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $10.13.

About Electrovaya

Electrovaya is a Canada-based energy storage company that designs and manufactures advanced lithium-ion battery systems and components. The company’s core business revolves around the development of proprietary electrode and cell technologies that deliver high energy density, rapid charge capability and enhanced safety features. Electrovaya’s product portfolio encompasses large-format battery cells, modules, complete battery packs and integrated energy storage systems tailored to industrial, commercial and utility-scale applications.

In the industrial sector, Electrovaya supplies modular battery systems for material-handling equipment such as electric forklifts, automated guided vehicles and airport ground support vehicles.