The latest price target for Electrovaya (NASDAQ:ELVA) was reported by Roth MKM on February 14, 2025. The analyst firm set a price target for $5.00 expecting ELVA to rise to within 12 months (a possible 51.52% upside). 7 analyst firms have reported ratings in the last year.

The latest analyst rating for Electrovaya (NASDAQ:ELVA) was provided by Roth MKM, and Electrovaya reiterated their buy rating.

There is no last upgrade for Electrovaya

There is no last downgrade for Electrovaya.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Electrovaya, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Electrovaya was filed on February 14, 2025 so you should expect the next rating to be made available sometime around February 14, 2026.

While ratings are subjective and will change, the latest Electrovaya (ELVA) rating was a reiterated with a price target of $4.00 to $5.00. The current price Electrovaya (ELVA) is trading at is $3.30, which is out of the analyst’s predicted range.