2.36
price up icon1.72%   0.04
 
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Electrovaya Inc Stock (ELVA) Forecast

The Electrovaya Inc (ELVA) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $4.272, representing a +81.02% increase from the current price of $2.36. The highest analyst price target is $4.7699, and the lowest is $3.7741.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ELVA Price Target
Average 5.0301 (+113.14% Upside)
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Is Electrovaya Inc (ELVA) A Buy Now?

Oscillators
Name Value Action
RSI(14) 58.72 Neutral
STOCH(9,6) 59.90 Neutral
STOCHRSI(14) 77.13 Neutral
MACD(12,26) 0.0423 Buy
ADX(14) 22.63 Neutral
William %R -37.62 Neutral
CCI(14) 77.00 Neutral
Buy: 1 Sell: 0 Neutral: 6
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
2.2766
Buy
2.2898
Buy
MA20
2.1983
Buy
2.247
Buy
MA50
2.227
Buy
2.2295
Buy
MA100
2.2294
Buy
2.3294
Buy
MA200
2.7913
Sell
2.5948
Sell
Buy: 8 Sell: 2 Neutral: 0
Summary: Buy
According to our latest analysis, ELVA could be considered a Strong Buy, with 17 technical analysis indicators signaling 9 Buy signals, 2 signaling Sell signals and 6 Neutral signals. This might be a good time to open fresh positions on ELVA, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 58.72 indicates that ELVA is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 59.9 indicates that ELVA is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 77.13 indicates that ELVA is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 22.63 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 77 indicates that ELVA is still overbought but not to an extreme extent.

Long-term ELVA price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Electrovaya Inc financial reports and earnings history, Electrovaya Inc (ELVA) stock could reach $10.67 by 2030, $25.38 by 2040 and $33.55 by 2050. See the projected annual prices until 2050 of the Electrovaya Inc stock below:

  • Electrovaya Inc (ELVA) is expected to reach an average price of $17.73 in 2035, with a high prediction of $18.21 and a low estimate of $16.89. This indicates an $651.31% rise from the last recorded price of $2.36.
  • Electrovaya Inc (ELVA) stock is projected to chart a bullish course in 2040, with an average price target of $25.27, representing an $970.90% surge from its current level. The forecast ranges from a conservative $24.88 to a sky-high $25.38.
  • Our analysts predict Electrovaya Inc (ELVA) to jump 1,000% by 2045, soaring from $25.65 to an average price of $25.97, potentially reaching $32.40. While $25.65 is the low estimate, the potential upside is significant.
  • Electrovaya Inc (ELVA) stock is expected to climb by 2050, reaching an average of $33.52, a $1,320% jump from its current level. However, a wide range of estimates exists, with high and low targets of $33.55 and $32.70, respectively, highlighting the market's uncertainty.

Electrovaya Inc Stock (ELVA) Year by Year Forecast

Electrovaya Inc Stock (ELVA) Price Forecast for 2024

Our forecast for ELVA stock price in 2024 now indicates an average price target of $4.127 with a high forecast of $5.434 and a low forecast of $2.82. The average prediction reflects an increase of +74.87% from the last recorded price of $2.36.
Month Average Low High Change from today's price
December, 2024 $4.1905 $3.7741 $4.7699 +77.56%

Electrovaya Inc Stock (ELVA) Price Forecast for 2025

Electrovaya Inc Stock (ELVA) is expected to reach an average price of $5.0744 in 2025, with a high prediction of $6.2861 and a low estimate of $3.8628. This indicates an +115.02% rise from the last recorded price of $2.36.
Month Average Low High Change from today's price
January, 2025 $4.1954 $3.8628 $4.3168 +77.77%
February, 2025 $4.1465 $4.0765 $4.9282 +75.70%
March, 2025 $4.2276 $4.0893 $4.3219 +79.13%
April, 2025 $5.5113 $4.2403 $5.7412 +133.53%
May, 2025 $5.3234 $4.8679 $6.2861 +125.57%
June, 2025 $5.8434 $5.2051 $6.1306 +147.60%
July, 2025 $5.7731 $5.5571 $6.0589 +144.62%
August, 2025 $4.8982 $4.7282 $5.8199 +107.55%
September, 2025 $4.70 $4.6501 $5.2837 +99.15%
October, 2025 $5.3657 $4.6191 $5.6973 +127.36%
November, 2025 $5.0422 $4.8648 $5.4848 +113.65%
December, 2025 $5.5779 $5.0213 $5.8179 +136.35%

Electrovaya Inc Stock (ELVA) Price Forecast for 2026

The predicted value for Electrovaya Inc (ELVA) in 2026 is set at an average of $6.6828. Estimates vary from a peak of $7.9902 to a trough of $5.3755, indicating an +183.17% surge from the present price of $2.36.
Month Average Low High Change from today's price
January, 2026 $6.1344 $5.527 $7.1381 +159.93%
February, 2026 $6.7509 $6.0135 $7.0209 +186.06%
March, 2026 $6.7374 $6.6401 $6.9683 +185.49%
April, 2026 $6.1031 $6.0831 $6.8966 +158.61%
May, 2026 $5.9664 $5.6822 $6.2505 +152.81%
June, 2026 $5.9144 $5.3755 $6.4664 +150.61%
July, 2026 $5.7741 $5.6531 $6.3226 +144.66%
August, 2026 $6.3951 $5.7296 $6.576 +170.98%
September, 2026 $7.0087 $6.2447 $7.9902 +196.98%
October, 2026 $7.7757 $6.7692 $7.8857 +229.48%
November, 2026 $7.6778 $7.4513 $7.9112 +225.33%
December, 2026 $7.2153 $7.0253 $7.8188 +205.73%

Electrovaya Inc Stock (ELVA) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Electrovaya Inc (ELVA) is $7.487, with a high forecast of $8.8422 and a low forecast of $6.1319. This indicates an +217.25% increase from the last price of $2.36.
Month Average Low High Change from today's price
January, 2027 $7.1273 $6.6363 $7.3303 +202.01%
February, 2027 $6.4837 $6.1319 $7.0929 +174.73%
March, 2027 $6.5232 $6.4413 $7.2356 +176.41%
April, 2027 $7.0308 $6.5251 $7.3908 +197.91%
May, 2027 $8.0483 $7.0127 $8.2782 +241.03%
June, 2027 $8.0778 $7.4432 $8.8422 +242.28%
July, 2027 $8.5653 $7.8697 $8.8015 +262.94%
August, 2027 $8.5589 $8.3429 $8.7872 +262.66%
September, 2027 $8.0323 $7.5904 $8.6247 +240.35%
October, 2027 $7.0583 $6.8883 $8.1842 +199.08%
November, 2027 $7.7113 $6.9165 $8.0047 +226.75%
December, 2027 $7.4827 $7.2296 $7.8496 +217.06%

Electrovaya Inc Stock (ELVA) Price Forecast for 2028

In 2028, Electrovaya Inc (ELVA) is projected to reach an average price of $9.0635, with a high projection of $10.61 and a low estimate of $7.5209. This indicates an +284.05% rise from the last price of $2.36.
Month Average Low High Change from today's price
January, 2028 $8.0957 $7.5209 $8.3357 +243.04%
February, 2028 $8.7288 $8.064 $9.6942 +269.86%
March, 2028 $9.4301 $8.627 $9.6918 +299.58%
April, 2028 $9.5232 $9.3684 $9.6966 +303.52%
May, 2028 $8.7145 $8.5445 $9.5922 +269.26%
June, 2028 $7.70 $7.6501 $9.151 +226.27%
July, 2028 $8.0886 $7.6446 $8.7738 +242.74%
August, 2028 $8.2718 $8.0179 $8.6682 +250.50%
September, 2028 $8.9503 $8.2764 $9.0556 +279.25%
October, 2028 $9.5839 $8.875 $10.55 +306.10%
November, 2028 $10.31 $9.3636 $10.58 +336.96%
December, 2028 $10.40 $10.23 $10.61 +340.71%

Electrovaya Inc Stock (ELVA) Price Forecast for 2029

The 2029 price forecast for Electrovaya Inc Stock (ELVA) is $9.9578 on average, with a high prediction of $11.52 and a low estimate of $8.4001. This represents an +321.94% increase from the previous price of $2.36.
Month Average Low High Change from today's price
January, 2029 $9.8939 $9.8493 $10.59 +319.23%
February, 2029 $9.8082 $9.4986 $10.12 +315.60%
March, 2029 $8.991 $8.4001 $9.543 +280.97%
April, 2029 $8.9071 $8.8041 $9.4501 +277.42%
May, 2029 $9.7012 $8.9282 $9.8821 +311.07%
June, 2029 $10.56 $9.5764 $11.40 +347.26%
July, 2029 $10.71 $10.02 $10.92 +353.83%
August, 2029 $11.32 $10.52 $11.52 +379.47%
September, 2029 $11.14 $11.08 $11.51 +372.02%
October, 2029 $10.99 $10.45 $11.36 +365.88%
November, 2029 $9.5347 $9.1501 $10.99 +304.01%
December, 2029 $9.6644 $9.5796 $10.31 +309.51%

Electrovaya Inc Stock (ELVA) Price Forecast for 2030

Electrovaya Inc Stock (ELVA) is expected to reach an average price of $11.45 in 2030, with a high forecast of $13.25 and a low forecast of $9.6518. This signifies an +385.27% surge from the last price of $2.36.
Month Average Low High Change from today's price
January, 2030 $10.31 $9.6518 $10.67 +336.92%
February, 2030 $11.43 $10.32 $11.66 +384.36%
March, 2030 $11.42 $10.88 $12.25 +383.97%
April, 2030 $12.12 $11.35 $12.36 +413.57%
May, 2030 $12.27 $12.06 $12.43 +420.05%
June, 2030 $11.58 $11.41 $12.36 +390.54%
July, 2030 $10.08 $9.9001 $12.05 +327.28%
August, 2030 $10.84 $9.9676 $11.08 +359.27%
September, 2030 $10.69 $10.38 $11.00 +353.13%
October, 2030 $11.45 $10.72 $11.69 +385.29%
November, 2030 $12.19 $11.45 $13.10 +416.44%
December, 2030 $12.98 $12.11 $13.25 +450.13%
$89.69
price up icon 5.34%
$16.06
price up icon 0.44%
$289.88
price up icon 0.66%
electrical_equipment_parts ENS
$97.52
price up icon 2.61%
$115.19
price up icon 2.36%
electrical_equipment_parts BE
$25.76
price up icon 7.60%
Cap:     |  Volume (24h):