What is Electrovaya Inc. (ELVA) stock price today?

Electrovaya Inc. (ELVA) currently trades at $9.26 per share. The stock has a market capitalization of $481.00M and a P/E ratio of 88.55x.

Is ELVA stock a buy, sell, or hold in 2026?

Based on WallStSmart's proprietary analysis, Electrovaya Inc. has a Smart Value Score of 51/100 (Grade C), resulting in a "Hold" investment rating. The Piotroski F-Score is —/9 and Altman Z-Score is —.

What is the ELVA stock price target for 2026?

WallStSmart's 12-month price target for Electrovaya Inc. is $3.30.

What is Electrovaya Inc.'s revenue and earnings?

Electrovaya Inc. has trailing twelve-month (TTM) revenue of $63.83M with profit margins of 5.27%. Earnings per share (EPS) is $0.11.

ELVA

Electrovaya Inc.

NASDAQ: ELVA · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS

$9.26

+2.89% today

Updated 2026-04-30

Market cap

$481.00M

P/E ratio

88.55

P/S ratio

7.54x

EPS (TTM)

$0.11

Dividend yield

—

52W range

$3 – $12

Volume

0.4M

Market cap

$481.00M

P/E ratio

88.55

P/S ratio

7.54x

EPS (TTM)

$0.11

Dividend yield

—

52W range

$3 – $12

Volume

0.4M

WallStSmart proprietary scores

out of 100

Grade: C

Hold

Investment rating

8.0

Growth

5.0

Quality

C+

6.0

Profitability

5.0

Valuation

C+

—/9

Piotroski F-Score

—

Altman Z-Score

—

Industry rank

—

View all highly rated stocks (75+) →204 stocks currently score above 75

Price targets

Analyst target

$9.80

+5.83%

12-Month target

$3.30

-64.36%

Intrinsic (DCF)

—

Margin of safety

—

0 Strong Buy6 Buy0 Hold0 Sell0 Strong Sell

Price chart

X-Ray snapshot

Strengths

+ Revenue growth 77.50% QoQ

Risks

- Negative free cash flow $-14.22M

- P/E 88.55x — expensive valuation

Key financials

Revenue Net Income Free Cash Flow

Metric	2022	2023	2024	2025	TTM
Revenue	$15.62M	$43.37M	$44.59M	$63.58M	$63.83M
Net income	$-9.21M	$-1.48M	$-1.49M	$3.36M	$1.04M
EPS	—	—	—	—	$0.11
Free cash flow	$-9.03M	$-5.74M	$372000.00	$-9.50M	$-14.22M
Profit margin	-58.97%	-3.41%	-3.33%	5.29%	5.27%

Peer comparison

Company	Mkt Cap	Score	Growth	Profit	Value	Quality	MoS	Rating
ELVA	$481.00M	51	8.0	6.0	5.0	5.0	—	Buy
CAT	$386.56B	55	4.7	7.5	4.3	4.5	—	Buy
GEV	$308.81B	63	8.0	7.0	3.7	4.3	—	Buy
GE	$296.28B	59	4.0	8.0	3.7	5.3	—	Buy
RTX	$234.67B	59	7.3	6.0	3.3	6.0	-49.24%	Buy
BA	$176.67B	48	5.3	5.0	2.0	4.0	-42.42%	Hold

Smart narrative

Electrovaya Inc. trades at $9.26. representing a P/E of 88.55x trailing earnings. Our Smart Value Score of 51/100 indicates the stock is fair. TTM revenue stands at $63.83M. with profit margins at 5.27%.

Frequently asked questions

What is Electrovaya Inc.'s stock price?

Electrovaya Inc. (ELVA) trades at $9.26.

Is Electrovaya Inc. overvalued?

Smart Value Score 51/100 (Grade C, Hold).

What is the price target of Electrovaya Inc. (ELVA)?

The analyst target price is $9.80, representing +5.8% upside from the current price of $9.26.

What is Electrovaya Inc.'s revenue?

TTM revenue is $63.83M.

Company info

SectorINDUSTRIALS

IndustryELECTRICAL EQUIPMENT & PARTS

CountryUSA

ExchangeNASDAQ

CurrencyUSD

Quick metrics

P/S ratio7.54x

ROE16.90%

Beta0.78

50D MA$8.22

200D MA$6.86

Shares out0.05B

Float0.03B

Short ratio—

Avg volume0.4M

Performance

1 week-11.13%

1 month+15.35%

3 months-14.58%

YTD+14.18%

1 year—

3 years—

5 years—

Compare

ELVA vs CAT →ELVA vs GEV →ELVA vs GE →Stock screener →