Electrovaya (ELVA) Expected to Announce Earnings on Thursday

Electrovaya (NASDAQ:ELVA) is expected to post its Q1 2026 results after the market closes on Thursday, February 12th. Analysts expect Electrovaya to post earnings of $0.02 per share and revenue of $16.7090 million for the quarter. Investors may visit the the company’s upcoming Q1 2026 earning results 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 results on Wednesday, December 10th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. Electrovaya had a net margin of 5.27% and a return on equity of 14.21%. The business had revenue of $20.51 million for the quarter, compared to analysts’ expectations of $20.26 million. On average, analysts expect Electrovaya to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Electrovaya Trading Up 6.3%

NASDAQ ELVA opened at $9.41 on Tuesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.93 and a current ratio of 4.16. The firm has a market cap of $451.30 million, a price-to-earnings ratio of 104.57 and a beta of 1.35. The firm has a 50 day simple moving average of $8.29 and a 200-day simple moving average of $6.59. Electrovaya has a one year low of $1.80 and a one year high of $11.88.

Analyst Ratings Changes

ELVA has been the subject of several recent research reports. Raymond James Financial reissued a “strong-buy” rating and issued a $9.50 price target on shares of Electrovaya in a research report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Electrovaya in a research note on Monday, December 29th. Oppenheimer started coverage on Electrovaya in a report on Thursday, December 18th. They issued an “outperform” rating and a $14.00 target price for the company. Zacks Research raised Electrovaya from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Finally, Roth Mkm set a $7.00 price target on Electrovaya in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $10.13.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ELVA. Mink Brook Asset Management LLC increased its holdings in shares of Electrovaya by 4.4% in the 2nd quarter. Mink Brook Asset Management LLC now owns 395,101 shares of the company’s stock valued at $1,347,000 after acquiring an additional 16,713 shares during the last quarter. Dimensional Fund Advisors LP purchased a new stake in Electrovaya during the third quarter worth approximately $74,000. First Trust Advisors LP acquired a new position in Electrovaya in the third quarter valued at approximately $468,000. Russell Investments Group Ltd. purchased a new position in Electrovaya in the third quarter valued at approximately $887,000. Finally, Virtu Financial LLC purchased a new position in Electrovaya in the third quarter valued at approximately $96,000. 22.47% of the stock is owned by institutional investors and hedge funds.

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.