Seaport Res Ptn Predicts Stronger Earnings for Electrovaya

Electrovaya Inc. (NASDAQ:ELVA) – Investment analysts at Seaport Res Ptn upped their Q3 2025 earnings per share estimates for Electrovaya in a note issued to investors on Monday, May 19th. Seaport Res Ptn analyst J. Campbell now anticipates that the company will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.06. The consensus estimate for Electrovaya’s current full-year earnings is $0.10 per share. Seaport Res Ptn also issued estimates for Electrovaya’s Q4 2025 earnings at $0.04 EPS, FY2025 earnings at $0.15 EPS, Q2 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.50 EPS.

A number of other research analysts also recently issued reports on the company. Roth Mkm reiterated a “buy” rating and set a $5.00 price objective (up from $4.00) on shares of Electrovaya in a report on Friday, February 14th. HC Wainwright reiterated a “buy” rating and set a $10.00 price objective on shares of Electrovaya in a report on Friday, February 14th. Finally, Raymond James set a $4.50 price objective on Electrovaya and gave the stock a “strong-buy” rating in a report 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 MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $6.10.

Electrovaya Trading Down 3.0%

NASDAQ ELVA opened at $3.21 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.55 and a quick ratio of 0.69. The firm has a market cap of $128.74 million, a P/E ratio of -80.25 and a beta of 1.22. Electrovaya has a one year low of $1.67 and a one year high of $3.44. The stock’s 50-day moving average is $2.62 and its 200-day moving average is $2.50.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ELVA. WealthTrust Axiom LLC grew its stake in Electrovaya by 133.9% in the first quarter. WealthTrust Axiom LLC now owns 394,079 shares of the company’s stock valued at $910,000 after purchasing an additional 225,629 shares in the last quarter. Mink Brook Asset Management LLC lifted its holdings in Electrovaya by 8.3% during the 1st 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 during the last quarter. AMH Equity Ltd acquired a new stake in Electrovaya during the 1st quarter worth approximately $231,000. Polar Asset Management Partners Inc. acquired a new stake in Electrovaya during the 4th quarter worth approximately $5,372,000. Finally, Citadel Advisors LLC acquired a new stake in Electrovaya during the 4th quarter worth approximately $64,000. 22.47% of the stock is currently owned by institutional investors.

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.