Q2 Earnings Estimate for Electrovaya Issued By Roth Capital

Electrovaya Inc. (NASDAQ:ELVA) – Roth Capital decreased their Q2 2025 earnings estimates for Electrovaya in a research note issued to investors on Friday, February 14th. Roth Capital analyst C. Irwin now anticipates that the company will earn $0.03 per share for the quarter, down from their previous forecast of $0.05. The consensus estimate for Electrovaya’s current full-year earnings is $0.11 per share. Roth Capital also issued estimates for Electrovaya’s Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.08 EPS.

Electrovaya (NASDAQ:ELVA) last announced its quarterly earnings data on Thursday, February 13th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.01. Electrovaya had a negative net margin of 3.33% and a negative return on equity of 18.87%.

Several other equities research analysts also recently issued reports on the stock. Roth Mkm reissued a “buy” rating and set a $5.00 price objective (up previously from $4.00) on shares of Electrovaya in a research report on Friday, February 14th. HC Wainwright reissued a “buy” rating and set a $10.00 price objective on shares of Electrovaya in a research report on Friday, February 14th. Finally, Raymond James set a $4.50 price objective on shares of Electrovaya and gave the stock a “strong-buy” rating in a research report on Thursday, January 30th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $6.10.

Electrovaya Stock Down 0.4 %

Shares of ELVA stock opened at $2.49 on Monday. The firm has a fifty day moving average of $2.48 and a 200-day moving average of $2.32. The company has a quick ratio of 0.69, a current ratio of 1.03 and a debt-to-equity ratio of 0.22. Electrovaya has a 12-month low of $1.67 and a 12-month high of $4.24. The company has a market capitalization of $99.82 million, a price-to-earnings ratio of -83.00 and a beta of 1.84.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Penbrook Management LLC bought a new position in Electrovaya in the fourth quarter valued at $448,000. Citadel Advisors LLC bought a new position in Electrovaya in the fourth quarter valued at $64,000. Polar Asset Management Partners Inc. bought a new position in Electrovaya in the fourth quarter valued at $5,372,000. Mink Brook Asset Management LLC bought a new position in Electrovaya in the fourth quarter valued at $867,000. Finally, Alyeska Investment Group L.P. acquired a new stake in Electrovaya in the fourth quarter valued at $435,000. Institutional investors own 22.47% of the company’s stock.

About Electrovaya

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.