RankAlpha logo
Back to Rankings

ELVA

ElectrovayaD
Nasdaq / Capital Goods
Last Price
Quote time unavailable
View Chart
Current thesis
The October update kept preliminary fiscal 2026 revenue within revised guidance, and successful Jamestown commissioning plus paid ElvaPulse orders could broaden the revenue base. Q3 gross margin reached 34.9% and adjusted EBITDA $3.7 million.
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -2.4.
What can break
Cell-equipment testing, shipment and commissioning could delay Jamestown production. Electrovaya business update
Momentum
10
Value
40
Sentiment
65
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $5.80 · Bull $8.00 · Bear $3.40Analysis 2026-10-15; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-15 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-23

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions

Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $14.33
Why
Momentum10 · Δ7d -1.6
Value40 · Δ7d -0.1
Sentiment65 · Δ7d -2.4
So what
Weak posture (Net Neutral). Prioritize risk control and patience.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta -2.4.

Contradictions & invalidation

  • • Cell-equipment testing, shipment and commissioning could delay Jamestown production. Electrovaya business update
  • • Customer order and delivery timing already drove a substantial fiscal 2026 guidance reduction; approximately $5 million of high-voltage deliveries shifted into fiscal 2027. Electrovaya Q3 results
  • • The revised fiscal 2026 outlook was materially below the earlier outlook exceeding $83 million; customer timing, cell-equipment validation and commercialization remain unresolved.

Catalyst clock

2026-12-15

Audited fiscal 2026 results

Lead driver: Sentiment · See AI snapshot
Momentum
10
8% active weight
Current posture
7d trendSoftening
Δ7d
-1.6
Δ21d
-6.5
Value
40
47% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
+0.0
Sentiment
65
45% active weight
Current posture
7d trendSoftening
Δ7d
-2.4
Δ21d
-13.8
Why this grade

Composite grade D. Momentum 9.8 / Value 40.3 / Sentiment 64.8

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-15. Scenario method

B+
Bull case
25%
Probability
Target price
$8.00
Analysis reference price unavailable
Analysis 2026-10-15 · RankAlpha Sentiment Codex
Most likely
B
Base case
45%
Probability
Target price
$5.80
Analysis reference price unavailable
Analysis 2026-10-15 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$3.40
Analysis reference price unavailable
Analysis 2026-10-15 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$259.56M
Beta
0.79
Shares Out
50M
P/E (TTM)
121.5
P/S (TTM)
6.06
P/FCF (TTM)
268.89
Rev YoY
+3.4%
EPS YoY
-73.0%
Gross Margin
+30.4%
Op Margin
+9.2%
Net Debt
$15.55M
Current Ratio
7.53
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data