What is Roth Capital’s Estimate for Electrovaya Q3 Earnings?

Electrovaya Inc. (NASDAQ:ELVA) – Research analysts at Roth Capital upped their Q3 2025 earnings per share (EPS) estimates for shares of Electrovaya in a report released on Wednesday, August 13th. Roth Capital analyst C. Irwin now expects that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.04. The consensus estimate for Electrovaya’s current full-year earnings is $0.10 per share. Roth Capital also issued estimates for Electrovaya’s Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.11 EPS and FY2027 earnings at $0.70 EPS.

Electrovaya (NASDAQ:ELVA) last released its earnings results on Wednesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). Electrovaya had a return on equity of 7.24% and a net margin of 2.19%. The business had revenue of $17.13 million for the quarter, compared to analyst estimates of $17.25 million.

Separately, Wall Street Zen cut shares of Electrovaya from a “buy” rating to a “hold” rating in a research report on Monday, July 28th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Electrovaya presently has an average rating of “Buy” and an average target price of $6.13.

Electrovaya Stock Performance

NASDAQ ELVA opened at $4.72 on Friday. The company has a current ratio of 3.89, a quick ratio of 3.01 and a debt-to-equity ratio of 0.69. The business’s 50 day moving average is $3.97 and its two-hundred day moving average is $3.08. The stock has a market capitalization of $189.32 million, a price-to-earnings ratio of 157.39 and a beta of 1.56. Electrovaya has a 12-month low of $1.73 and a 12-month high of $5.24.

Hedge Funds Weigh In On Electrovaya

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ELVA. Polar Asset Management Partners Inc. purchased a new position in Electrovaya in the 4th quarter valued at about $5,372,000. Herald Investment Management Ltd boosted its position in Electrovaya by 372.0% in the 4th quarter. Herald Investment Management Ltd now owns 1,180,000 shares of the company’s stock valued at $2,856,000 after buying an additional 930,000 shares during the last quarter. Mink Brook Asset Management LLC purchased a new position in Electrovaya in the 4th quarter valued at about $867,000. WealthTrust Axiom LLC lifted its position in shares of Electrovaya by 133.9% during the first quarter. WealthTrust Axiom LLC now owns 394,079 shares of the company’s stock worth $910,000 after purchasing an additional 225,629 shares during the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in Electrovaya in the fourth quarter worth about $435,000. 22.47% of the stock is owned by hedge funds and other institutional investors.

About Electrovaya

Electrovaya Inc engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties.