Electrovaya (ELVA) to Release Quarterly Earnings on Wednesday

Electrovaya (NASDAQ:ELVA) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, May 14th. Analysts expect Electrovaya to post earnings of $0.03 per share and revenue of $15.95 million for the quarter. Electrovaya has set its FY 2025 guidance at EPS.

Electrovaya (NASDAQ:ELVA) last released its earnings results on Thursday, February 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. Electrovaya had a negative return on equity of 15.42% and a negative net margin of 3.88%. On average, analysts expect Electrovaya to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Electrovaya Trading Down 0.7%

NASDAQ:ELVA opened at $2.71 on Tuesday. The firm has a market cap of $108.69 million, a PE ratio of -67.75 and a beta of 1.22. The stock has a fifty day moving average price of $2.53 and a 200 day moving average price of $2.46. Electrovaya has a 12-month low of $1.67 and a 12-month high of $3.54. The company has a current ratio of 1.55, a quick ratio of 0.69 and a debt-to-equity ratio of 0.08.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ELVA. Roth Mkm reiterated a “buy” rating and issued a $5.00 target price (up from $4.00) on shares of Electrovaya in a report on Friday, February 14th. HC Wainwright restated a “buy” rating and issued a $10.00 price target on shares of Electrovaya in a research note on Friday, February 14th. Finally, Raymond James set a $4.50 price target on Electrovaya and gave the company a “strong-buy” rating in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $6.10.

Electrovaya Company Profile

Electrovaya Inc engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties.