ELECTROVAYA INC
ELVANASDAQTrading Snapshot
- Day Range
- $97.60 β $100.54
- 52-Week Range
- $5.80 β $17.62
- Volume
- $2.22B
- Avg Volume
- $2.19B
- Shares Outstanding
- 49.5M
- Next Earnings
- Dec 4, 2026
Fundamentals Snapshot
- Annual Revenue
- $64M
- Last Q Revenue
- $17M
- P/E Ratio
- 71.8
- P/S Ratio
- 4.4x
- EPS (TTM)
- $0.09
- Dividend Yield
- β
- Dilution (1yr)
- +30.8%
Why Investors Own ELVA
- βHigh-growth profile β revenue up +18.7% YoY with expanding US Equity exposure.
- βHealthy economics β 32% gross margin and 24% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
ELECTROVAYA INC
ELVAAbout ELECTROVAYA INC
Electrovaya, Inc. is a lithium-ion battery technology and manufacturing company. engages in designing, developing, and manufacturing proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The firm's businesses include lithium-ion batteries to power MHEVs including forklifts and Automated Guided Vehicles, as well as accessories such 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 specialty applications which require complex power solutions, including competencies in building systems for third parties. The company was founded by Sankar Das Gupta in September 1996 and is headquartered in Mississauga, Canada.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates
ELECTROVAYA INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift ELVA price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
ELECTROVAYA INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.