$6.650
-0.185 (-2.78%)At close
Price Predictions
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ELVA Prediction & Forecast by Similar Chart Analysis
Alphio's ELVA stock price prediction model matches the current Electrovaya Inc tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $6.70 (+0.68%). The 1-week path is $6.62 (-0.40%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Electrovaya Inc Stock?
Electrovaya Inc (ELVA) is a good buy right now due to its recent surge in stock price following a significant deal with Amazon, which has increased investor confidence. The stock is currently priced at $6.65, with a forward P/E ratio of 25.06, indicating growth potential. Analysts have set a price target of $22 from Raymond James, which suggests a potential upside of 230% from the current price. However, the main risk is the recent earnings report showing a 66.67% negative surprise in EPS, which could affect investor sentiment.
ELVA stock price ended at $6.65 on Friday, after losing -2.78%
Electrovaya Inc (ELVA) last closed at $6.65, losing -2.78%. These facts feed the 1-day and 1-week ELVA price prediction above.
Forecast Drivers
Electrovaya Inc (ELVA) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bearish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches ELVA, ranked by similarity.
Seasonality analysis for ELVA
Historically the probability of a positive August return for ELVA is 44.44%. May offers the highest probability of a positive month at 80.95%, while August is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for ELVA
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $3.55 | $4.03 | $4.19 | -39.43% |
| Sep 2026 | $3.21 | $3.59 | $3.84 | -45.97% |
| Oct 2026 | $2.91 | $3.96 | $4.60 | -40.46% |
| Nov 2026 | $3.36 | $4.57 | $5.53 | -31.21% |
| Dec 2026 | $3.41 | $4.57 | $5.04 | -31.21% |
In 2026, Electrovaya Inc (ELVA) is projected to range from $2.91 to $5.53.
Electrovaya Inc 2026 monthly forecast
In Aug 2026, Electrovaya Inc is projected to average $4.03, with a low of $3.55 and high of $4.19.
In Sep 2026, Electrovaya Inc is projected to average $3.59, with a low of $3.21 and high of $3.84.
In Oct 2026, Electrovaya Inc is projected to average $3.96, with a low of $2.91 and high of $4.60.
In Nov 2026, Electrovaya Inc is projected to average $4.57, with a low of $3.36 and high of $5.53.
In Dec 2026, Electrovaya Inc is projected to average $4.57, with a low of $3.41 and high of $5.04.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.