ElectrovayaELVA
About: Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and battery longevity. Geographically it earns key revenue from the United States.
Employees: 97
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
163% more capital invested
Capital invested by funds: $6.6M [Q3] → $17.3M (+$10.7M) [Q4]
47% more funds holding
Funds holding: 15 [Q3] → 22 (+7) [Q4]
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
12.27% more ownership
Funds ownership: 8.28% [Q3] → 20.55% (+12.27%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Roth MKM Craig Irwin 22% 1-year accuracy 5 / 23 met price target | 100%upside $5 | Buy Reiterated | 14 Feb 2025 |
HC Wainwright & Co. Amit Dayal 22% 1-year accuracy 26 / 116 met price target | 300%upside $10 | Buy Reiterated | 14 Feb 2025 |
Raymond James Daniel Magder 0% 1-year accuracy 0 / 1 met price target | 80%upside $4.50 | Strong Buy Initiated | 23 Jan 2025 |
Financial journalist opinion
Based on 8 articles about ELVA published over the past 30 days









