Q2 Earnings Forecast for Electrovaya Issued By HC Wainwright

Electrovaya Inc. (NASDAQ:ELVA) – Equities researchers at HC Wainwright decreased their Q2 2026 earnings estimates for Electrovaya in a report released on Friday, February 13th. HC Wainwright analyst A. Dayal now expects that the company will earn $0.01 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for Electrovaya’s current full-year earnings is $0.10 per share. HC Wainwright also issued estimates for Electrovaya’s Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.11 EPS and FY2030 earnings at $0.96 EPS.

Other equities research analysts have also issued reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of Electrovaya in a research report on Monday, December 29th. Oppenheimer initiated coverage on Electrovaya in a research note on Thursday, December 18th. They set an “outperform” rating and a $14.00 price objective on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $10.00 target price on shares of Electrovaya in a research note on Friday. Zacks Research upgraded Electrovaya from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $9.50 price objective on shares of Electrovaya in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $11.17.

Electrovaya Stock Down 11.4%

ELVA stock opened at $7.75 on Monday. The company has a current ratio of 4.16, a quick ratio of 2.93 and a debt-to-equity ratio of 0.71. The firm has a 50-day moving average of $8.58 and a two-hundred day moving average of $6.70. Electrovaya has a 12 month low of $1.80 and a 12 month high of $11.88. The company has a market cap of $371.69 million, a price-to-earnings ratio of 64.59 and a beta of 1.35.

Electrovaya (NASDAQ:ELVA) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. Electrovaya had a net margin of 7.07% and a return on equity of 19.39%. The firm had revenue of $15.50 million for the quarter, compared to the consensus estimate of $16.71 million.

Institutional Trading of Electrovaya

A number of hedge funds and other institutional investors have recently modified their holdings of ELVA. Allworth Financial LP increased its stake in Electrovaya by 4,900.0% during the fourth quarter. Allworth Financial LP now owns 4,000 shares of the company’s stock worth $32,000 after purchasing an additional 3,920 shares during the period. Solstein Capital LLC acquired a new position in shares of Electrovaya in the third quarter valued at approximately $29,000. Global Retirement Partners LLC purchased a new stake in Electrovaya during the 3rd quarter worth approximately $46,000. TD Waterhouse Canada Inc. lifted its holdings in Electrovaya by 737.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 9,085 shares of the company’s stock worth $72,000 after buying an additional 8,000 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Electrovaya by 76.5% in the 4th quarter. Geode Capital Management LLC now owns 25,962 shares of the company’s stock valued at $205,000 after buying an additional 11,253 shares during the period. 22.47% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Electrovaya

Here are the key news stories impacting Electrovaya this week:

• Positive Sentiment: EPS beat — Electrovaya reported $0.02 EPS vs. the $0.01 consensus, showing an improvement from a loss a year ago which supports near-term profitability expectations. Electrovaya Inc. (ELVA) Q1 Earnings Surpass Estimates
• Positive Sentiment: Cash flow and margin improvements reported — adjusted EBITDA and operating cash flow rose materially, and cash on hand increased meaningfully, improving the company’s liquidity profile. Electrovaya Reports Fiscal Year Q1 2026 Results
• Neutral Sentiment: Strategic progress highlighted — management described product development (including ultra‑high‑rate charging cell/system work) and other strategic initiatives on the earnings call; these are longer‑term positives but uncertain in near term. Electrovaya Inc (ELVA) Q1 2026 Earnings Call Highlights: Robust Revenue Growth and Strategic …
• Neutral Sentiment: Earnings transcript available — provides detail on margin drivers, capex and product roadmap for investors who want to parse management’s tone and forward commentary. Electrovaya (ELVA) Q1 2026 Earnings Transcript
• Negative Sentiment: Revenue missed analyst expectations — Q1 revenue (~$15.5M) came in below the consensus (~$16.7M), a key reason for the negative market reaction despite the EPS beat. Electrovaya quarterly earnings data
• Negative Sentiment: FY2026 revenue guidance reaffirmed but sits below consensus — management reiterated guidance of ~$83M in revenue, versus analysts’ ~$84.5M, leaving room for disappointment versus Street expectations. Electrovaya Reports Fiscal Year Q1 2026 Results
• Negative Sentiment: Mixed profitability and balance‑sheet signals — some third‑party summaries highlight declines in certain profitability metrics and rising liabilities/capex, which likely amplified investor caution. Electrovaya Inc. (ELVA) Stock Falls on Q1 2026 Earnings

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.