Q2 Earnings Forecast for Electrovaya Issued By HC Wainwright

Electrovaya Inc. (NASDAQ:ELVA) – Research analysts at HC Wainwright cut their Q2 2026 EPS estimates for Electrovaya in a note issued to investors on Friday, February 13th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their previous forecast of $0.02. The consensus estimate for Electrovaya’s current full-year earnings is $0.10 per share. HC Wainwright also issued estimates for Electrovaya’s Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.11 EPS and FY2030 earnings at $0.96 EPS.

Other equities research analysts have also issued research reports about the company. Oppenheimer started coverage on Electrovaya in a research report on Thursday, December 18th. They issued an “outperform” rating and a $14.00 price objective on the stock. Zacks Research raised shares of Electrovaya from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Roth Mkm restated a “buy” rating and set a $10.00 price target on shares of Electrovaya in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Electrovaya in a report on Monday, December 29th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $9.50 target price on shares of Electrovaya in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Electrovaya has a consensus rating of “Moderate Buy” and an average price target of $11.17.

Electrovaya Stock Down 11.4%

Electrovaya stock opened at $7.75 on Monday. The business’s 50-day moving average price is $8.58 and its 200 day moving average price is $6.70. The company has a quick ratio of 2.93, a current ratio of 4.16 and a debt-to-equity ratio of 0.71. The firm has a market cap of $371.69 million, a price-to-earnings ratio of 64.59 and a beta of 1.35. Electrovaya has a 52 week low of $1.80 and a 52 week high of $11.88.

Electrovaya (NASDAQ:ELVA) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $15.50 million during the quarter, compared to analyst estimates of $16.71 million. Electrovaya had a return on equity of 19.39% and a net margin of 7.07%.

Institutional Trading of Electrovaya

A number of institutional investors and hedge funds have recently modified their holdings of ELVA. Thompson Siegel & Walmsley LLC acquired a new position in shares of Electrovaya during the 4th quarter worth about $4,976,000. WealthTrust Axiom LLC increased its stake in Electrovaya by 5.5% during the 2nd quarter. WealthTrust Axiom LLC now owns 415,604 shares of the company’s stock worth $1,417,000 after buying an additional 21,525 shares in the last quarter. Caldwell Investment Management Ltd. acquired a new position in shares of Electrovaya during the third quarter valued at approximately $2,424,000. Mink Brook Asset Management LLC raised its holdings in shares of Electrovaya by 4.4% during the second quarter. Mink Brook Asset Management LLC now owns 395,101 shares of the company’s stock valued at $1,347,000 after acquiring an additional 16,713 shares during the last quarter. Finally, Penbrook Management LLC lifted its position in shares of Electrovaya by 13.6% in the fourth quarter. Penbrook Management LLC now owns 349,861 shares of the company’s stock valued at $2,764,000 after acquiring an additional 41,950 shares in the last quarter. Hedge funds and other institutional investors own 22.47% of the company’s stock.

Electrovaya News Roundup

Here are the key news stories impacting Electrovaya this week:

• Positive Sentiment: EPS beat — Electrovaya reported $0.02 EPS vs. the $0.01 consensus, showing an improvement from a loss a year ago which supports near-term profitability expectations. Electrovaya Inc. (ELVA) Q1 Earnings Surpass Estimates
• Positive Sentiment: Cash flow and margin improvements reported — adjusted EBITDA and operating cash flow rose materially, and cash on hand increased meaningfully, improving the company’s liquidity profile. Electrovaya Reports Fiscal Year Q1 2026 Results
• Neutral Sentiment: Strategic progress highlighted — management described product development (including ultra‑high‑rate charging cell/system work) and other strategic initiatives on the earnings call; these are longer‑term positives but uncertain in near term. Electrovaya Inc (ELVA) Q1 2026 Earnings Call Highlights: Robust Revenue Growth and Strategic …
• Neutral Sentiment: Earnings transcript available — provides detail on margin drivers, capex and product roadmap for investors who want to parse management’s tone and forward commentary. Electrovaya (ELVA) Q1 2026 Earnings Transcript
• Negative Sentiment: Revenue missed analyst expectations — Q1 revenue (~$15.5M) came in below the consensus (~$16.7M), a key reason for the negative market reaction despite the EPS beat. Electrovaya quarterly earnings data
• Negative Sentiment: FY2026 revenue guidance reaffirmed but sits below consensus — management reiterated guidance of ~$83M in revenue, versus analysts’ ~$84.5M, leaving room for disappointment versus Street expectations. Electrovaya Reports Fiscal Year Q1 2026 Results
• Negative Sentiment: Mixed profitability and balance‑sheet signals — some third‑party summaries highlight declines in certain profitability metrics and rising liabilities/capex, which likely amplified investor caution. Electrovaya Inc. (ELVA) Stock Falls on Q1 2026 Earnings

About Electrovaya

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.