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Added to YB: 2025-12-29

Pitch date: 2025-12-22

ELVA [bullish]

Electrovaya Inc.

+7.11%

current return

Author Info

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Company Info

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.

Market Cap

CAD 428.8M

Pitch Price

CAD 10.27

Price Target

10.00 (-9%)

Dividend

N/A

EV/EBITDA

50.29

P/E

83.80

EV/Sales

6.38

Sector

Electrical Equipment

Category

growth

Show full summary:
PPinvest | My Top 25 Stocks for 2026 - Electrovaya Inc.

ELVA: First profitable year FY2025 w/ $3.3M net profit, 43% revenue growth to $63.8M. Lithium-ion batteries for heavy-duty apps using proprietary 'Infinity' ceramic separator tech for superior durability. New US Gigafactory funded by gov loans multiplies 2026 capacity. $10 price target (51% upside). Risks: execution on Gigafactory build, Asian competition (CATL/BYD).

Read full article (1 min)