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45 / 100
AltIndex AI Score
Hold
AI Score · 12-mo trend
−5 pts over 3 months
FundamentalsNeutral
TechnicalsBearish
Alternative dataNeutral
SentimentNeutral
Price$5.79
Year Range$5.79 – $12.26
Market Cap$315M
PE Ratio63.7
IndustryIndustrial Products

What Is Electrovaya’s AI Stock Analysis?

Electrovaya’s AI stock analysis on AltIndex combines the company’s fundamentals, price technicals and 25+ alternative data signals — like hiring, web traffic, app downloads and online sentiment — into a single AI Score from 0 to 100 and a plain-English Buy, Hold or Sell read. Unlike a traditional analyst rating that updates a few times a year, the AI Score refreshes as new data arrives, so it tracks Electrovaya’s momentum in near-real time.

Electrovaya (ELVA) has an AltIndex AI Score of 45/100, currently a Hold signal. The AI Score distills Electrovaya's fundamentals, price technicals and 25+ alternative data signals into a single 0–100 rating, so a rising score reflects strengthening data across the board and a falling score the opposite.

Electrovaya’s Full AI Analysis

Electrovaya is a prominent player in the lithium-ion battery industry, focusing on the development, manufacturing, and distribution of advanced battery systems. Known for its innovation and pioneering technology, Electrovaya caters to various markets including electric vehicles, energy storage systems, and industrial applications. The company's commitment to sustainable energy solutions positions it well in the growing demand for green technologies.

Fundamental Analysis

Electrovaya reported a revenue of $17M in the last quarter. This shows a decrease of 2.99% quarter-over-quarter, signaling potential short-term challenges. However, on a year-over-year basis, revenue increased by 0.77%, highlighting a steady, albeit modest, growth trajectory. The net income for the last quarter was $300,000, which saw a significant decrease of 70.39% from the previous quarter. This drop is a concern and warrants close monitoring. Additionally, there is a decrease of 67.23% compared to the same quarter last year, which further emphasizes potential operational or market challenges.

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What’s Driving ELVA’s AI Score?

Fundamentals

Revenue for the last quarter was $17M. This represents a decrease of 2.99% compared to the quarter before it, indicating a need for concern. Compared to the same quarter last year, there is an increase of 0.77%, suggesting positive year-over-year growth. Net income for the last quarter was $300,000. This represents a decrease of 70.39% compared to the quarter before it, indicating a need for concern. However, compared to the same quarter last year, there is a decrease of 67.23%, which may be a cause for concern. Ebitda for the last quarter was $2M. This represents a decrease of 0.53% compared to the quarter before it, indicating a need for concern. Compared to the same quarter last year, there is an increase of 12.91%, suggesting positive year-over-year growth. The current P/E ratio is 63.7. This may be considered high, potentially indicating overvaluation and a bearish outlook.

See Electrovaya’s earnings and insider transactions.

Technicals

Today's stock price is $5.79. This represents a decrease of 14.60% compared to a month ago, which may be concerning in the short-term. However, compared to a year ago, there is a decrease of 12.80%, which could be a cause for long-term concern. The trend is bearish. The current SMA10 is $6.42, which is lower than the previous SMA10 of $6.46. This suggests a potential downward trend in price movement. The RSI is 49.4, indicating a neutral condition.

See the full technical analysis and price prediction.

Frequently Asked Questions: Electrovaya AI Stock Analysis

Electrovaya's AltIndex AI Score is 45/100, currently a Hold signal. The AI Score blends fundamentals, technicals and 25+ alternative data signals into a single rating from 0 to 100.

AltIndex's AI Score model rates Electrovaya a Hold (45/100). This is a data-driven signal, not investment advice — review the breakdown above and combine it with your own research.

The AI Score is generated from fundamental data (earnings, valuation), technical indicators (price trend and momentum), and alternative data signals such as hiring, web traffic, app downloads and sentiment. AltIndex weighs these into a single 0-100 score; the exact weighting is proprietary.

AltIndex generates a complete written AI analysis of Electrovaya — company overview, fundamentals, technicals and alternative data, with a recommendation. See the ELVA AI Score or sign up to read the full thesis.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.