Electrovaya (ELVA) to Release Quarterly Earnings on Thursday

Electrovaya (NASDAQ:ELVA) is projected to announce its Q1 2026 results before the market opens on Thursday, February 12th. Analysts expect Electrovaya to post earnings of $0.02 per share and revenue of $16.7090 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, February 12, 2026 at 5:00 PM ET.

Electrovaya (NASDAQ:ELVA) last announced its quarterly earnings results on Wednesday, December 10th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The firm had revenue of $20.51 million during the quarter, compared to the consensus estimate of $20.26 million. Electrovaya had a return on equity of 14.21% and a net margin of 5.27%. On average, analysts expect Electrovaya to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Electrovaya Trading Down 17.1%

Shares of ELVA opened at $9.22 on Thursday. Electrovaya has a 12 month low of $1.80 and a 12 month high of $11.88. The stock’s 50-day moving average is $8.04 and its two-hundred day moving average is $6.47. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.16 and a quick ratio of 2.93. The stock has a market cap of $442.19 million, a PE ratio of 102.46 and a beta of 1.36.

Wall Street Analysts Forecast Growth

ELVA has been the topic of several recent research reports. Oppenheimer initiated coverage on Electrovaya in a research report on Thursday, December 18th. They set an “outperform” rating and a $14.00 price target on the stock. Zacks Research upgraded shares of Electrovaya from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Electrovaya in a research report on Monday, December 29th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $9.50 price target on shares of Electrovaya in a report on Thursday, December 11th. Finally, Roth Mkm set a $7.00 price target on shares of Electrovaya in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.13.

Institutional Trading of Electrovaya

A number of hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP acquired a new stake in Electrovaya in the third quarter valued at $74,000. Millennium Management LLC bought a new stake in shares of Electrovaya in the 3rd quarter worth about $95,000. Virtu Financial LLC bought a new stake in shares of Electrovaya in the 3rd quarter worth about $96,000. Susquehanna International Group LLP acquired a new stake in shares of Electrovaya in the 3rd quarter valued at about $97,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Electrovaya during the third quarter worth about $118,000. Institutional investors and hedge funds own 22.47% of the company’s stock.

Electrovaya Company Profile

Electrovaya is a Canada-based energy storage company that designs and manufactures advanced lithium-ion battery systems and components. The company’s core business revolves around the development of proprietary electrode and cell technologies that deliver high energy density, rapid charge capability and enhanced safety features. Electrovaya’s product portfolio encompasses large-format battery cells, modules, complete battery packs and integrated energy storage systems tailored to industrial, commercial and utility-scale applications.

In the industrial sector, Electrovaya supplies modular battery systems for material-handling equipment such as electric forklifts, automated guided vehicles and airport ground support vehicles.