What is Roth Capital’s Estimate for Electrovaya Q3 Earnings?

Electrovaya Inc. (NASDAQ:ELVA) – Analysts at Roth Capital reduced their Q3 2025 earnings per share estimates for shares of Electrovaya in a report released on Thursday, May 15th. Roth Capital analyst C. Irwin now anticipates that the company will earn $0.04 per share for the quarter, down from their previous estimate of $0.05. The consensus estimate for Electrovaya’s current full-year earnings is $0.10 per share. Roth Capital also issued estimates for Electrovaya’s FY2025 earnings at $0.14 EPS.

Other equities research analysts have also issued reports about the company. Raymond James set a $4.50 price target on Electrovaya and gave the company a “strong-buy” rating in a research report on Thursday, January 30th. Roth Mkm restated a “buy” rating and set a $5.00 price objective (up from $4.00) on shares of Electrovaya in a research note on Friday, February 14th. Finally, HC Wainwright restated a “buy” rating and set a $10.00 price objective on shares of Electrovaya in a research note on Friday, February 14th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $6.10.

Electrovaya Stock Performance

ELVA stock opened at $3.04 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.69 and a debt-to-equity ratio of 0.08. The firm has a market cap of $121.93 million, a P/E ratio of -76.00 and a beta of 1.22. Electrovaya has a 12-month low of $1.67 and a 12-month high of $3.12. The stock’s 50 day simple moving average is $2.58 and its 200 day simple moving average is $2.48.

Electrovaya (NASDAQ:ELVA) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $15.02 million for the quarter, compared to analyst estimates of $15.95 million. Electrovaya had a negative net margin of 3.88% and a negative return on equity of 15.42%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. AIGH Capital Management LLC grew its stake in shares of Electrovaya by 3.2% in the fourth quarter. AIGH Capital Management LLC now owns 2,525,099 shares of the company’s stock worth $6,262,000 after purchasing an additional 77,473 shares in the last quarter. Polar Asset Management Partners Inc. bought a new position in shares of Electrovaya in the fourth quarter worth $5,372,000. Herald Investment Management Ltd grew its stake in shares of Electrovaya by 372.0% in the fourth quarter. Herald Investment Management Ltd now owns 1,180,000 shares of the company’s stock worth $2,856,000 after purchasing an additional 930,000 shares in the last quarter. WealthTrust Axiom LLC grew its stake in shares of Electrovaya by 133.9% in the first quarter. WealthTrust Axiom LLC now owns 394,079 shares of the company’s stock worth $910,000 after purchasing an additional 225,629 shares in the last quarter. Finally, Mink Brook Asset Management LLC grew its stake in shares of Electrovaya by 8.3% in the first quarter. Mink Brook Asset Management LLC now owns 378,388 shares of the company’s stock worth $874,000 after purchasing an additional 28,935 shares in the last quarter. Institutional investors own 22.47% of the company’s stock.

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.