ELVA (Electrovaya Inc. Common Shares) Stock Analysis - News

Electrovaya Inc. Common Shares (ELVA) is a publicly traded Industrials sector company. As of May 21, 2026, ELVA trades at $9.86 with a market cap of $482.48M and a P/E ratio of 0.00. ELVA moved +7.50% today. Year to date, ELVA is +20.17%; over the trailing twelve months it is +217.44%. Its 52-week range spans $1.73 to $11.88. Analyst consensus is strong buy with an average price target of $13.00. Rallies surfaces ELVA's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in ELVA news today?

Electrovaya Q2 Sales Rise 20% to $18M, Adjusted EBITDA Jumps 41%: Electrovaya posted Q2 FY2026 revenue of $18M, up 20% year-over-year, with adjusted EBITDA of $2.8M (up 41%) and net profit of $1M ($0.02/share). The company closed the quarter with $20.4M cash, achieved UL2580 certification for six battery models, and advanced energy storage and robotics programs for 2027 deliveries.

ELVA Key Metrics

Key financial metrics for ELVA
MetricValue
Price$9.86
Market Cap$482.48M
P/E Ratio0.00
EPS$0.00
Dividend Yield0.00%
52-Week High$11.88
52-Week Low$1.73
Volume622
Avg Volume0
Revenue (TTM)$0
Net Income$0
Gross Margin0.00%

Latest ELVA News

ELVA Analyst Consensus

4 analysts cover ELVA: 0 strong buy, 4 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $13.00.

Common questions about ELVA

What changed in ELVA news today?
Electrovaya Q2 Sales Rise 20% to $18M, Adjusted EBITDA Jumps 41%: Electrovaya posted Q2 FY2026 revenue of $18M, up 20% year-over-year, with adjusted EBITDA of $2.8M (up 41%) and net profit of $1M ($0.02/share). The company closed the quarter with $20.4M cash, achieved UL2580 certification for six battery models, and advanced energy storage and robotics programs for 2027 deliveries.
Does Rallies summarize ELVA news?
Yes. Rallies summarizes ELVA news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ELVA research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ELVA. It does not provide personalized investment advice.
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