What is HC Wainwright’s Estimate for ELBM FY2026 Earnings?

Electra Battery Materials Corporation (NASDAQ:ELBM) – Equities researchers at HC Wainwright boosted their FY2026 EPS estimates for shares of Electra Battery Materials in a research report issued to clients and investors on Tuesday, November 10th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $0.28 per share for the year, up from their prior estimate of $0.23. HC Wainwright has a “Buy” rating and a $2.00 price objective on the stock. The consensus estimate for Electra Battery Materials’ current full-year earnings is $0.23 per share.

Separately, Weiss Ratings downgraded shares of Electra Battery Materials from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, October 12th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Electra Battery Materials has an average rating of “Hold” and an average price target of $2.00.

Electra Battery Materials Stock Down 2.2%

Shares of NASDAQ:ELBM opened at $0.43 on Wednesday. Electra Battery Materials has a fifty-two week low of $0.37 and a fifty-two week high of $1.25. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.48. The firm’s 50-day simple moving average is $0.49 and its 200-day simple moving average is $0.61. The company has a market cap of $46.45 million, a price-to-earnings ratio of -0.49 and a beta of 2.58.

Institutional Investors Weigh In On Electra Battery Materials

A hedge fund recently bought a new position in Electra Battery Materials stock. PEAK6 LLC purchased a new stake in Electra Battery Materials Corporation (NASDAQ:ELBM) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,249,080 shares of the company’s stock, valued at approximately $754,000. PEAK6 LLC owned approximately 1.17% of Electra Battery Materials as of its most recent SEC filing. Hedge funds and other institutional investors own 32.90% of the company’s stock.

About Electra Battery Materials

Electra Battery Materials Corp. is a Canadian battery materials company focused on producing battery-grade cobalt and other materials used in lithium-ion batteries. The company is developing a hydrometallurgical cobalt refinery in Ontario, Canada, designed to process cobalt-bearing feedstock into cobalt sulfate for use in electric vehicle and energy-storage battery supply chains. The company’s activities also include battery recycling and the recovery of critical minerals from battery materials, including black mass generated from recycled lithium-ion batteries.