Electrovaya (ELVA) to Release Earnings on Thursday

Electrovaya (NASDAQ:ELVA) will likely be releasing its Q1 2026 results after the market closes on Thursday, February 12th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $16.7090 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, February 12, 2026 at 5:00 PM ET.

Electrovaya (NASDAQ:ELVA) last issued its quarterly earnings data on Wednesday, December 10th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The company had revenue of $20.51 million during the quarter, compared to analyst estimates of $20.26 million. Electrovaya had a return on equity of 14.21% and a net margin of 5.27%. On average, analysts expect Electrovaya to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Electrovaya Trading Down 3.5%

Shares of ELVA opened at $9.08 on Wednesday. Electrovaya has a 1-year low of $1.80 and a 1-year high of $11.88. The company has a market capitalization of $435.48 million, a P/E ratio of 100.90 and a beta of 1.36. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.16 and a quick ratio of 2.93. The firm’s 50 day simple moving average is $8.38 and its 200 day simple moving average is $6.62.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ELVA shares. Roth Mkm set a $7.00 price objective on shares of Electrovaya in a research report on Thursday, December 11th. Oppenheimer started coverage on Electrovaya in a research report on Thursday, December 18th. They set an “outperform” rating and a $14.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Electrovaya in a report on Monday, December 29th. Raymond James Financial reissued a “strong-buy” rating and set a $9.50 price objective on shares of Electrovaya in a report on Thursday, December 11th. Finally, Zacks Research upgraded Electrovaya from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $10.13.

Institutional Trading of Electrovaya

Institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in Electrovaya by 76.5% during the 4th quarter. Geode Capital Management LLC now owns 25,962 shares of the company’s stock valued at $205,000 after buying an additional 11,253 shares during the period. Citadel Advisors LLC raised its stake in shares of Electrovaya by 90.6% during the third quarter. Citadel Advisors LLC now owns 85,254 shares of the company’s stock valued at $502,000 after acquiring an additional 40,534 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Electrovaya during the third quarter worth about $461,000. Raymond James Financial Inc. grew its stake in shares of Electrovaya by 5,575.3% in the third quarter. Raymond James Financial Inc. now owns 67,536 shares of the company’s stock worth $398,000 after purchasing an additional 66,346 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in shares of Electrovaya in the third quarter worth about $887,000. Hedge funds and other institutional investors own 22.47% of the company’s stock.

Electrovaya Company Profile

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.