Loading...
Back to narrative

ELVA: Equity Raise And Japan Expansion Will Shape Balanced Return Outlook

Warehouse Automation And Robotics Will Fuel Uncertain Yet Promising Trends

ELVA logo
ELVA
AnalystConsensusTarget
Not Invested
Published 18 May 2025

Update shared on 16 Dec 2025

Fair value Increased 58%
Previous
n/a
n/a
AnalystConsensusTarget's Fair Value
n/a
Loading
1Y
192.9%
7D
23.3%

Analysts have raised their price target on Electrovaya from approximately $6.01 to $9.49 per share, citing a richer expected valuation multiple and slightly stronger long term profitability, despite moderating top line growth assumptions.

What's in the News

  • Electrovaya Inc. completed a follow on equity offering of approximately $24.44 million, issuing 4,700,000 common shares at $5.20 per share, implying a per share discount of about $0.31 (company filing).
  • Certain executive officers, directors and significant shareholders entered into a 90 day lock up agreement on common shares, effective from November 5, 2025 to February 3, 2026, restricting sales and transfers without underwriter consent (prospectus supplement).
  • Electrovaya established Electrovaya Japan, a new subsidiary designed to support local customers, deepen strategic relationships with Japanese OEMs and partners, and promote Infinity Battery Technology in material handling, robotics and energy storage applications (company announcement).
  • The company estimated record revenue of more than $20 million for the quarter ended September 30, 2025, up about 72% year over year, and approximately $64 million for fiscal 2025, up about 43% year over year (corporate guidance).

Valuation Changes

  • The fair value estimate has risen significantly from approximately CA$6.01 to CA$9.49 per share, reflecting a higher expected valuation.
  • The discount rate has increased slightly from about 7.85 percent to approximately 8.16 percent, implying a modestly higher required return.
  • Revenue growth assumptions have been reduced moderately from roughly 48.01 percent to about 44.78 percent, indicating more tempered top line expectations.
  • The net profit margin outlook has improved slightly from around 16.24 percent to approximately 16.65 percent, pointing to marginally stronger projected profitability.
  • The future P/E multiple has expanded meaningfully from about 9.26x to roughly 12.98x, suggesting a richer valuation relative to expected earnings.

Have other thoughts on Electrovaya?

Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.

Create Narrative

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.