# Electrovaya Inc. (ELVA)

> Source: Nexqual · https://nexqual.com/ELVA · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Electrovaya Inc. (ELVA), nexqual.com/ELVA" · informational, not investment advice.

**Price:** USD 5.36 (+3.88% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 5.16 · day 4.96–5.43 · 52w 4.1–12.78 · market cap $268M · NCM

## Key facts
- 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
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)
|  | 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) |

## Peers (Electrical Equipment & Parts)
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 -6.90% · TE (T1 Energy Inc.) USD 2.93 -7.28% · FCEL (FuelCell Energy, Inc.) USD 14.09 -9.10% · AMPX (Amprius Technologies, Inc.) USD 8.4 -1.87%

## More
Full page: https://nexqual.com/ELVA · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt