Electrovaya Inc
NASDAQ:ELVA

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Electrovaya Inc
NASDAQ:ELVA
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Price: 6.31 USD -3.66% Market Closed
Market Cap: 215.4m USD

Wall Street
Price Targets

ELVA Price Targets Summary
Electrovaya Inc

Wall Street analysts forecast ELVA stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ELVA is 5.3 USD with a low forecast of 3.61 USD and a high forecast of 6.76 USD.

Lowest
Price Target
3.61 USD
43% Downside
Average
Price Target
5.3 USD
16% Downside
Highest
Price Target
6.76 USD
7% Upside
Electrovaya Inc Competitors:
Price Targets
6594
Nidec Corp
71% Upside
688390
GoodWe Technologies Co Ltd
9% Upside
300351
Zhejiang Yonggui Electric Equipment Co Ltd
19% Upside
688698
Suzhou Veichi Electric Co Ltd
31% Upside
300748
Jl Mag Rare-Earth Co Ltd
2% Upside
AME
AMETEK Inc
12% Upside

Revenue
Forecast

Revenue Estimate
Electrovaya Inc

For the last 1 year the compound annual growth rate for Electrovaya Inc's revenue is 71%. The projected CAGR for the next 2 years is 126%.

71%
Past Growth
126%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Electrovaya Inc

Operating Income forecast
is not available for
Electrovaya Inc

Net Income
Forecast

Net Income Estimate
Electrovaya Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ELVA's stock price target?
Price Target
5.3 USD

According to Wall Street analysts, the average 1-year price target for ELVA is 5.3 USD with a low forecast of 3.61 USD and a high forecast of 6.76 USD.

What is Electrovaya Inc's Revenue forecast?
Projected CAGR
126%

For the last 1 year the compound annual growth rate for Electrovaya Inc's revenue is 71%. The projected CAGR for the next 2 years is 126%.

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