Electrovaya Inc. is projected to rise to $10.37 by 2027, a +20% move from its current price of $8.62. ELVA is currently trading below its 50-day average (a bearish sign). Technical indicators currently lean strong sell.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/11/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Jul 12 | $8.30 | $8.62 | $8.95 | -0.05% |
| Jul 13 | $8.17 | $8.61 | $9.08 | -0.09% |
| Jul 14 | $8.07 | $8.61 | $9.19 | -0.14% |
| Jul 15 | $7.98 | $8.60 | $9.27 | -0.19% |
| Jul 16 | $7.91 | $8.60 | $9.35 | -0.24% |
| Jul 17 | $7.84 | $8.60 | $9.42 | -0.28% |
| Jul 18 | $7.78 | $8.59 | $9.49 | -0.33% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $7.78 | $8.59 | $9.49 | -0.33% |
| Week 2 | $7.44 | $8.56 | $9.85 | -0.66% |
| Week 3 | $7.19 | $8.54 | $10.14 | -0.98% |
| Week 4 | $6.98 | $8.51 | $10.37 | -1.31% |
| Week 5 | $6.79 | $8.48 | $10.59 | -1.63% |
| Week 6 | $6.63 | $8.45 | $10.78 | -1.96% |
| Week 7 | $6.48 | $8.42 | $10.95 | -2.28% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Electrovaya Inc. is an industrial company that designs, develops, manufactures, and sells lithium-ion batteries, battery management systems, and related products for energy storage, clean electric transportation, and other specialized applications in North America.
The company operates infinity battery systems comprising low and high voltage configurations and it also develops solid state battery technology. It offers lithium-ion battery systems to power MHEV, including forklifts, as well as accessories such as battery chargers, and lithium-ion batteries for robotic applications.
Electrovaya was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya was incorporated in 1996 and is headquartered in Mississauga, Canada.
Electrovaya Inc. trades in the Industrials sector under the ELVA ticker. The current price is $8.98, with a market capitalization of $444.58M. The stock ranks 3155 by market size.
The price outlook, based on forward-year forecasts, shows a path of rising averages from 2026 through 2050, with notable upside in later years. In 2030 the forecast average is $23.00, and by 2050 the forecast average reaches $169.01, with corresponding max values indicating substantial upside (e.g., max $36.58 in 2030 and max $365.97 in 2050).
These figures point to meaningful upside potential over the long term, alongside the current level and market positioning.
A major floor 28.2% below — a decisive break under it would weaken the trend.
Price is testing support right now (0.0% away) — a key level to hold.
The nearest ceiling, 42.2% above — a clean break opens room to run.
A major ceiling 56.3% above — clearing it would confirm fresh momentum.
Key ELVA support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of ELVA market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $9.06 | Sell | $9.06 | Sell |
| MA 10 | $9.60 | Sell | $9.38 | Sell |
| MA 20 | $9.74 | Sell | $9.69 | Sell |
| MA 50 | $10.18 | Sell | $9.81 | Sell |
| MA 100 | $9.22 | Sell | $9.35 | Sell |
| MA 200 | $8.17 | Buy | $8.24 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 36.68 | Neutral |
| Stoch RSI (14) | 0.00 | Buy |
| CCI (20) | -181.39 | Sell |
| Williams %R (14) | -100.00 | Info |
| MACD (12,26,9) | -0.14 | Sell |
| ROC (12) | -13.45 | Sell |
| Bollinger %B (20,2) | -0.04 | Buy |
| Stochastic %K (14) | 0.00 | Buy |
| TRIX (15) | -0.28 | Sell |
| Awesome (5,34) | -1.19 | Sell |
| Ultimate (7,14,28) | 14.09 | Buy |
| Momentum (10) | -1.05 | Sell |
| Aroon Osc (25) | -100.00 | Sell |
| Hull MA (9) | 8.58 | Buy |
| ADX (14) | 12.92 | Neutral |
| ATR (14) | 0.34 | Info |
The 30-day technical picture is shaped by a bullish sentiment, with RSI14 at 40. The stock is trading near support at $8.98 and below the 50-day moving average of $10.21, while it sits above the 200-day moving average at $8.14.
The 30-day range spans from $6.90 to $11.68, with immediate resistance at $12.26. This setup suggests limited near-term upside beyond the 30-day range unless momentum strengthens beyond the resistance level.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $7.24 | $8.62 | $10.43 | 0% | Neutral | |
| $7.97 | $10.37 | $14.44 | +20% | Bullish | |
| $8.97 | $12.15 | $17.75 | +41% | Bullish | |
| $11.15 | $15.61 | $23.67 | +81% | Bullish | |
| $14.46 | $20.86 | $32.63 | +142% | Bullish | |
| $15.87 | $23.53 | $37.82 | +173% | Bullish | |
| $17.18 | $26.14 | $43.03 | +203% | Bullish | |
| $17.39 | $27.12 | $45.63 | +215% | Bullish | |
| $17.80 | $28.41 | $48.77 | +230% | Bullish | |
| $21.63 | $35.31 | $61.74 | +310% | Bullish | |
| $33.78 | $61.22 | $115.53 | +610% | Bullish | |
| $66.13 | $144.95 | $305.22 | +15.8x | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $7.24 | $8.62 | $10.57 | +0.00% |
| August 2026 | $7.11 | $8.48 | $10.44 | -1.66% |
| September 2026 | $6.86 | $8.26 | $10.33 | -2.59% |
| October 2026 | $6.97 | $8.46 | $10.71 | +2.45% |
| November 2026 | $6.87 | $8.40 | $10.75 | -0.73% |
| December 2026 | $6.56 | $8.07 | $10.43 | -3.90% |
Click any year to see its month-by-month ELVA forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
Electrovaya Inc.'s 2026 outlook centres on $8.62, within a $7.24 to $10.43 range. That marks a 0% change versus current levels. A consolidation phase looks the most probable path here.
By 2027, ELVA could reach as high as $14.44, with a base case around $10.37 and support toward $7.97 — roughly +20% from $8.62. Momentum favours further upside here.
Expect ELVA to range from $8.97 to $17.75 through 2028. The $12.15 average target implies a +41% move from current prices. That is up +17% on the projected 2027 average. Buyers look set to stay in control over this stretch.
The ELVA price prediction for 2029 points to an average of $15.61 (low $11.15, high $23.67) — a potential gain of +81% on today's $8.62. Momentum favours further upside here.
In 2030, ELVA is projected to trade between $14.46 and $32.63, averaging $20.86 — a potential gain of +142% from today's $8.62. That is up +34% on the projected 2029 average. Buyers look set to stay in control over this stretch.
Electrovaya Inc.'s 2031 outlook centres on $23.53, within a $15.87 to $37.82 range. That is up +13% on the projected 2030 average. That marks a +173% change versus current levels. Momentum favours further upside here.
By 2032, ELVA could reach as high as $43.03, with a base case around $26.14 and support toward $17.18 — roughly +203% from $8.62. Buyers look set to stay in control over this stretch.
Expect ELVA to range from $17.39 to $45.63 through 2033. The $27.12 average target implies a +215% move from current prices. That is up +4% on the projected 2032 average. Momentum favours further upside here.
The ELVA price prediction for 2034 points to an average of $28.41 (low $17.80, high $48.77) — a potential gain of +230% on today's $8.62. Buyers look set to stay in control over this stretch.
In 2035, ELVA is projected to trade between $21.63 and $61.74, averaging $35.31 — a potential gain of +310% from today's $8.62. That is up +24% on the projected 2034 average. Momentum favours further upside here.
Electrovaya Inc.'s 2040 outlook centres on $61.22, within a $33.78 to $115.53 range. That is up +73% on the projected 2035 average. That marks a +610% change versus current levels. Buyers look set to stay in control over this stretch.
By 2050, ELVA could reach as high as $305.22, with a base case around $144.95 and support toward $66.13 — roughly +15.8x from $8.62. Momentum favours further upside here.
Investing $1,000 in ELVA today (≈ 116.009281 ELVA) could be worth
$16,815.02
+$15,815.02 (+1582%) by 2050 · US Dollar
Based on the average projected ELVA price of $144.95 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in ELVAwould be worth at today's price.
$1,000 invested in ELVA on Jul 10, 2025 (≈ 263.852245 ELVA) would be worth
$2,274.41
+$1,274.41 (+127.4%) today · 2.27× · US Dollar
Based on a ELVA entry price of $3.79 vs. today's $8.62.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $9.7 | $888.66 | -11.1% |
| 1 month ago | $9.3 | $926.88 | -7.3% |
| 3 months ago | $8.26 | $1,043.58 | +4.4% |
| 6 months ago | $8.97 | $960.98 | -3.9% |
| 1 year ago | $3.79 | $2,274.41 | +127.4% |
| All time (5.0y) ago | $5.15 | $1,673.79 | +67.4% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our ELVA forecast.
Our base-case forecast reaches $17.00 around 2030.
Implied market cap at $17.00: $841.63M
The multi-year forecast shows a bullish trajectory with growing averages and sizable upside over time. In 2026 the min price is $7.24, the avg is $8.98, the max is $10.87, with ROI of 0 and a neutral sentiment.
From 2027 onward, the forecasted averages rise significantly: 2027 avg $10.99, max $15.47, min $8.37, ROI 22.4, sentiment BULLISH; 2028 avg $12.93, max $19.15, min $9.44, ROI 44, sentiment BULLISH; 2029 avg $16.89, max $26.00, min $11.89, ROI 88.1, sentiment BULLISH.
By 2030 the forecast shows avg $23.00, min $15.68, max $36.58, ROI 156.2, sentiment BULLISH. The outlook continues to 2040 with avg $69.41, min $36.90, max $134.19, ROI 672.9, sentiment BULLISH, and then to 2050 with avg $169.01, min $76.05, max $365.97, ROI 1782.1, sentiment BULLISH.
Tap a question to reveal the answer.
2030 forecast: min $15.68, avg $23.00, max $36.58, ROI 156.2, sentiment BULLISH.
Forecasts show a bullish sentiment from 2027 onward with rising averages and expanding ROI: 2027 ROI 22.4, 2028 ROI 44, 2029 ROI 88.1, 2030 ROI 156.2, 2040 ROI 672.9, and 2050 ROI 1782.1.
Yes. The max forecast reaches $134.19 in 2040 and $365.97 in 2050, meaning the asset could exceed $100 by 2040 according to the provided projections.
Current price is $8.98 and market cap is $444.58M.
The 30-day range is $6.90 to $11.68, with a current price of $8.98 and a resistance at $12.26.
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