Q2 EPS Estimates for Electrovaya Boosted by Seaport Res Ptn

Electrovaya Inc. (NASDAQ:ELVA) – Analysts at Seaport Res Ptn lifted their Q2 2025 earnings per share estimates for Electrovaya in a research report issued to clients and investors on Tuesday, February 18th. Seaport Res Ptn analyst J. Campbell now forecasts that the company will post earnings of $0.05 per share for the quarter, up from their prior estimate 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.

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

Electrovaya Stock Performance

Shares of NASDAQ:ELVA opened at $2.41 on Wednesday. The business’s fifty day moving average price is $2.48 and its two-hundred day moving average price is $2.32. Electrovaya has a fifty-two week low of $1.67 and a fifty-two week high of $4.24. The stock has a market capitalization of $96.62 million, a price-to-earnings ratio of -60.25 and a beta of 1.84. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.03 and a quick ratio of 0.69.

Electrovaya (NASDAQ:ELVA) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.01) earnings per share (EPS) 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%.

Hedge Funds Weigh In On Electrovaya

Several large investors have recently made changes to their positions in ELVA. XTX Topco Ltd acquired a new position in shares of Electrovaya during the fourth quarter valued at $27,000. Citadel Advisors LLC acquired a new position in Electrovaya in the fourth quarter valued at about $64,000. WealthTrust Axiom LLC lifted its stake in Electrovaya by 181.2% in the fourth 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 during the period. Manatuck Hill Partners LLC acquired a new position in Electrovaya in the fourth quarter valued at about $434,000. Finally, Alyeska Investment Group L.P. acquired a new position in Electrovaya in the fourth quarter valued at about $435,000. Institutional investors and hedge funds own 22.47% of the company’s stock.

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.