Electrovaya Inc. (ELVA) Stock Price & Analysis
Electrovaya Inc. (ELVA) closed at USD 5.36 on Thursday, October 15, 2026, up 3.88% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 5.16; the Oct 15, 2026 session ranged USD 4.96–5.43 on volume of 588,496 shares. Market capitalization is $267.99M, with a 52-week range of USD 4.1–12.78 (NCM). Source: Nexqual, retrieved October 16, 2026 at 05:20 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ELVA.md
Key facts (ELVA)
- Analysts: Buy (mean 2.00 on a 1–5 scale) (6 analysts), mean target USD 14.6 (range 11–20).
- Total return with dividends: 1Y -21.1% vs S&P 500 +18.1%; 5Y -1.6% vs S&P 500 +85.1%.
- Next earnings: 2026-08-10, EPS estimate USD 0.02, revenue estimate $19.5M.
Analysts (ELVA)
Consensus Buy (mean 2.00 on a 1–5 scale), 6 analysts; mean target USD 14.6 (low 11, high 20).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-12 | Oppenheimer | Target lowered | Outperform | $14 → $13 |
| 2026-07-16 | Raymond James | Target raised | Strong Buy | $14 → $22 |
Total return (dividends reinvested) (ELVA)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | -21.1% | -1.6% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -21.1% | -0.3% |
| Volatility (annualized) | 94.5% | 63.3% |
| Max drawdown | -57.9% (Jun 2026→Oct 2026) | -64.6% (Oct 2021→Sep 2024) |
Key Statistics (as of October 16, 2026 at 05:20 UTC)
| Price | USD 5.36 |
|---|---|
| Change | ▲ 3.88% (up) |
| Previous Close | USD 5.16 |
| Open | USD 5.01 |
| Day Range | USD 4.96 – 5.43 |
| 52-Week Range | USD 4.1 – 12.78 |
| Volume | 588,496 shares |
| Market Cap | $267.99M |
| Exchange | NCM |
Technical Analysis (ELVA)
Nexqual's technical model rates ELVA "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:20 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 33.8 (neutral) |
| vs SMA50 | Below (USD 6.73) |
| MACD | -0.4 (negative) |
Analyst Ratings (ELVA)
Wall Street analysts rate ELVA "Buy" based on 6 analysts, with a mean price target of USD 14.6 (range USD 11–20), per Nexqual as of October 16, 2026 at 05:20 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 14.6 |
| High Target | USD 20 |
| Low Target | USD 11 |
| Buy / Hold / Sell | 6 / 0 / 0 |
Earnings (ELVA)
| Next Earnings Date | 2026-08-10 |
|---|---|
| EPS Estimate | USD 0.02 |
| Revenue Estimate | $19.49M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.01 vs est 0.02 ▼ miss |
| 2026-03-31 | USD 0.02 vs est 0.01 ▲ beat |
| 2025-12-31 | USD 0.02 vs est 0.01 ▲ beat |
| 2025-09-30 | USD 0.05 vs est 0.05 ▼ miss |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financials & Fundamentals (ELVA)
| Total Revenue | $71.82M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.40% |
| Gross Margin | +33.00% |
| Operating Margin | +4.45% |
| Profit Margin | +6.14% |
| ROE | +9.85% |
| Debt / Equity | 0.61 |
| Current Ratio | 7.53 |
| Total Cash | $13.08M |
| Total Debt | $41.06M |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financial Health Score (ELVA)
Nexqual rates Electrovaya Inc.'s overall financial health "Mixed" across five dimensions, as of October 16, 2026 at 05:20 UTC.
| Growth | Strong — Revenue +43% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 33%, operating 4% |
| Balance Sheet | Strong — $13M cash vs $41M debt |
| Cash Flow | Weak — Operating cash flow -$8M (TTM) |
| Efficiency | Mixed — ROE 10%, ROA 4.9% |
Ownership (ELVA)
| Insider Ownership | +30.73% |
|---|---|
| Institutional Ownership | +30.27% |
| Shares Outstanding | 50.00M |
| Float | 32.55M |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Leadership (ELVA)
Electrovaya Inc. is led by Rajshekar Das Gupta (age 41), CEO & Director, per Nexqual as of October 16, 2026 at 05:20 UTC.
| CEO & Director | Rajshekar Das Gupta (age 41) |
|---|---|
| Co-Founder & Executive Chairman | Sankar Das Gupta (age 74) |
| Co-Founder & Director | James K. Jacobs MA (age 76) |
| CFO & Secretary | Francis John Gibson |
| Vice President of Corporate Development & Investor Relations | Jason Roy |
Major Backers & Investors (ELVA)
Notable institutional backers of Electrovaya Inc. include Fidelity, FMR, LLC, Manager Directed Portfolios-Hood River International Opportunity Fund, according to Nexqual as of October 16, 2026 at 05:20 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Fidelity | 10.44% |
| FMR, LLC | 10.11% |
| Manager Directed Portfolios-Hood River International Opportunity Fund | 1.64% |
| Picton Mahoney Asset Management | 1.53% |
| Thompson, Siegel & Walmsley LLC | 1.52% |
| Hood River Capital Management LLC | 1.46% |
| Lazard Asset Management LLC | 1.15% |
| Wealthtrust Axiom, LLC | 1% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| KE | Kimball Electronics, Inc. | USD 26.5 | ▼ 6.39% |
| ADSE | ADS-TEC ENERGY PLC | USD 10 | ▲ 7.07% |
| EOSE | Eos Energy Enterprises, Inc. | USD 2.16 | ▼ 6.9% |
| TE | T1 Energy Inc. | USD 2.93 | ▼ 7.28% |
| FCEL | FuelCell Energy, Inc. | USD 14.09 | ▼ 9.1% |
| AMPX | Amprius Technologies, Inc. | USD 8.4 | ▼ 1.87% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:20 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt