Q2 EPS Estimates for Electrovaya Lifted by Seaport Res Ptn

Electrovaya Inc. (NASDAQ:ELVA) – Investment analysts at Seaport Res Ptn raised their Q2 2025 earnings per share (EPS) estimates for shares of Electrovaya in a research report issued on Tuesday, February 18th. Seaport Res Ptn analyst J. Campbell now anticipates that the company will earn $0.05 per share for the quarter, up from their previous forecast of $0.03. The consensus estimate for Electrovaya’s current full-year earnings is $0.06 per share. Seaport Res Ptn also issued estimates for Electrovaya’s Q3 2025 earnings at $0.06 EPS, Q1 2026 earnings at $0.04 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.15 EPS and Q4 2026 earnings at $0.19 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 analysts’ consensus estimates of ($0.02) by $0.01. Electrovaya had a negative return on equity of 21.25% and a negative net margin of 3.88%.

ELVA has been the subject of several other reports. Roth Mkm reaffirmed a “buy” rating and set a $5.00 target price (up from $4.00) on shares of Electrovaya in a research note on Friday, February 14th. HC Wainwright reaffirmed a “buy” rating and set a $10.00 target price on shares of Electrovaya in a research note on Friday, February 14th. Finally, Raymond James set a $4.50 target price on Electrovaya and gave the stock a “strong-buy” rating in a research note 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 company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $6.10.

Electrovaya Price Performance

Shares of ELVA stock opened at $2.49 on Wednesday. The company has a quick ratio of 0.69, a current ratio of 1.03 and a debt-to-equity ratio of 0.22. The stock has a 50 day simple moving average of $2.48 and a 200-day simple moving average of $2.32. Electrovaya has a 1-year low of $1.67 and a 1-year high of $4.24.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in Electrovaya in the 4th quarter valued at $27,000. Citadel Advisors LLC purchased a new stake in Electrovaya in the 4th quarter valued at $64,000. WealthTrust Axiom LLC grew its holdings in Electrovaya by 181.2% in the 4th quarter. WealthTrust Axiom LLC now owns 168,450 shares of the company’s stock valued at $418,000 after buying an additional 108,550 shares in the last quarter. Manatuck Hill Partners LLC purchased a new stake in Electrovaya in the 4th quarter valued at $434,000. Finally, Alyeska Investment Group L.P. purchased a new stake in Electrovaya in the 4th quarter valued at $435,000. 22.47% of the stock is owned by institutional investors and hedge funds.

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.