Electrovaya Inc. is projected to rise to $14.66 by 2027, a +27% move from its current price of $11.57. ELVA is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 5/28/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| May 29 | $11.06 | $11.56 | $12.09 | -0.05% |
| May 30 | $10.85 | $11.56 | $12.31 | -0.10% |
| May 31 | $10.69 | $11.55 | $12.48 | -0.15% |
| Jun 1 | $10.56 | $11.55 | $12.62 | -0.20% |
| Jun 2 | $10.45 | $11.54 | $12.75 | -0.26% |
| Jun 3 | $10.34 | $11.53 | $12.87 | -0.31% |
| Jun 4 | $10.25 | $11.53 | $12.97 | -0.36% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $10.25 | $11.53 | $12.97 | -0.36% |
| Week 2 | $9.72 | $11.49 | $13.57 | -0.71% |
| Week 3 | $9.33 | $11.45 | $14.04 | -1.07% |
| Week 4 | $9.01 | $11.41 | $14.44 | -1.42% |
| Week 5 | $8.73 | $11.36 | $14.79 | -1.77% |
| Week 6 | $8.48 | $11.32 | $15.12 | -2.13% |
| Week 7 | $8.26 | $11.28 | $15.42 | -2.47% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
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. It operates infinity battery systems comprising of low and high voltage systems.
The company also operates solid state battery technology. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge the batteries; lithium-ion batteries for robotic applications; lithium ion battery cell and modules for sales to OEM customers in the defense, construction, and other applications; high voltage battery systems for electric bus, truck, and defense applications; and industrial products for energy storage. The company was formerly known as Electrofuel Inc.
and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
Electrovaya Inc. (ELVA) is an Industrials company headquartered in Mississauga, Canada, with a current price of $11.65 and a market cap of $576.76M, ranked 2932 by market capitalization. The stock’s technical picture shows bullish sentiment, with a 30-day range from $8.61 to $15.77 and a current price trading around that level.
The stock’s resistance is $11.65 and support sits at $9.00, with a price trajectory framed by a 50-day simple moving average of $9.12 and a 200-day simple moving average of $7.46. The asset has a high level of annualized volatility at 90%.
A major floor 37.4% below — a decisive break under it would weaken the trend.
The nearest floor, 22.2% below — buyers have tended to step in here.
Price is pressing into resistance (0.7% away) — a breakout level to watch.
A major ceiling 15.7% 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 | $10.92 | Buy | $11.05 | Buy |
| MA 10 | $10.51 | Buy | $10.70 | Buy |
| MA 20 | $10.25 | Buy | $10.31 | Buy |
| MA 50 | $9.19 | Buy | $9.56 | Buy |
| MA 100 | $9.04 | Buy | $8.80 | Buy |
| MA 200 | $7.50 | Buy | $7.60 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 62.40 | Neutral |
| Stoch RSI (14) | 73.77 | Neutral |
| CCI (20) | 140.67 | Buy |
| Williams %R (14) | -3.67 | Info |
| MACD (12,26,9) | 0.09 | Buy |
| ROC (12) | 9.67 | Buy |
| Bollinger %B (20,2) | 0.94 | Neutral |
| Stochastic %K (14) | 96.33 | Sell |
| TRIX (15) | 0.63 | Buy |
| Awesome (5,34) | 1.04 | Buy |
| Ultimate (7,14,28) | 73.82 | Sell |
| Momentum (10) | 1.19 | Buy |
| Aroon Osc (25) | 72.00 | Buy |
| Hull MA (9) | 11.56 | Buy |
| ADX (14) | 16.74 | Neutral |
| ATR (14) | 0.46 | Info |
The 30-day technical picture shows bullish sentiment, with RSI14 at 60 and the price trading above key moving averages (SMA50 at $9.12 and SMA200 at $7.46). This suggests constructive near-term momentum. Support is identified at $9.00 and resistance at $11.65, with the 30-day range spanning $8.61 to $15.77.
The combination of a bullish tilt and a brisk range implies potential for continued movement within the near term.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $7.24 | $11.57 | $15.04 | 0% | Neutral | |
| $10.91 | $14.66 | $21.21 | +27% | Bullish | |
| $11.62 | $16.37 | $24.99 | +42% | Bullish | |
| $15.99 | $23.46 | $37.33 | +103% | Bullish | |
| $20.89 | $31.80 | $52.38 | +175% | Bullish | |
| $20.92 | $32.94 | $55.92 | +185% | Bullish | |
| $23.24 | $37.81 | $65.93 | +227% | Bullish | |
| $23.26 | $39.02 | $69.71 | +237% | Bullish | |
| $22.29 | $38.52 | $70.35 | +233% | Bullish | |
| $32.23 | $57.34 | $106.88 | +396% | Bullish | |
| $40.37 | $82.36 | $167.03 | +612% | Bullish | |
| $106.12 | $235.82 | $539.28 | +19.4x | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| May 2026 | $7.24 | $11.57 | $13.77 | +0.00% |
| June 2026 | $9.80 | $11.67 | $14.34 | +0.88% |
| July 2026 | $9.15 | $11.04 | $13.87 | -5.39% |
| August 2026 | $9.03 | $11.02 | $14.07 | -0.20% |
| September 2026 | $9.14 | $11.27 | $14.57 | +2.23% |
| October 2026 | $8.70 | $10.81 | $14.15 | -4.07% |
| November 2026 | $8.42 | $10.54 | $13.94 | -2.47% |
| December 2026 | $8.93 | $11.26 | $15.04 | +6.83% |
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 $11.57, within a $7.24 to $15.04 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 $21.21, with a base case around $14.66 and support toward $10.91 — roughly +27% from $11.57. Momentum favours further upside here.
Expect ELVA to range from $11.62 to $24.99 through 2028. The $16.37 average target implies a +42% move from current prices. That is up +12% 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 $23.46 (low $15.99, high $37.33) — a potential gain of +103% on today's $11.57. Momentum favours further upside here.
In 2030, ELVA is projected to trade between $20.89 and $52.38, averaging $31.80 — a potential gain of +175% from today's $11.57. That is up +36% on the projected 2029 average. Buyers look set to stay in control over this stretch.
Electrovaya Inc.'s 2031 outlook centres on $32.94, within a $20.92 to $55.92 range. That is up +4% on the projected 2030 average. That marks a +185% change versus current levels. Momentum favours further upside here.
By 2032, ELVA could reach as high as $65.93, with a base case around $37.81 and support toward $23.24 — roughly +227% from $11.57. Buyers look set to stay in control over this stretch.
Expect ELVA to range from $23.26 to $69.71 through 2033. The $39.02 average target implies a +237% move from current prices. That is up +3% on the projected 2032 average. Momentum favours further upside here.
The ELVA price prediction for 2034 points to an average of $38.52 (low $22.29, high $70.35) — a potential gain of +233% on today's $11.57. Buyers look set to stay in control over this stretch.
In 2035, ELVA is projected to trade between $32.23 and $106.88, averaging $57.34 — a potential gain of +396% from today's $11.57. That is up +49% on the projected 2034 average. Momentum favours further upside here.
Electrovaya Inc.'s 2040 outlook centres on $82.36, within a $40.37 to $167.03 range. That is up +44% on the projected 2035 average. That marks a +612% change versus current levels. Buyers look set to stay in control over this stretch.
By 2050, ELVA could reach as high as $539.28, with a base case around $235.82 and support toward $106.12 — roughly +19.4x from $11.57. Momentum favours further upside here.
Investing $1,000 in ELVA today (≈ 86.430424 ELVA) could be worth
$20,381.71
+$19,381.71 (+1938%) by 2050 · US Dollar
Based on the average projected ELVA price of $235.82 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 May 27, 2025 (≈ 319.488806 ELVA) would be worth
$3,696.49
+$2,696.49 (+269.6%) today · 3.70× · US Dollar
Based on a ELVA entry price of $3.13 vs. today's $11.57.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $10.19 | $1,135.43 | +13.5% |
| 1 month ago | $9.31 | $1,242.75 | +24.3% |
| 3 months ago | $7.81 | $1,481.43 | +48.1% |
| 6 months ago | $4.73 | $2,446.09 | +144.6% |
| 1 year ago | $3.13 | $3,696.49 | +269.6% |
| All time (5.0y) ago | $6.15 | $1,881.3 | +88.1% |
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 $23.00 around 2029.
Implied market cap at $23.00: $1.14B
The multi-year forecast depicts a bullish trajectory for Electrovaya, with 2026 showing a min of $7.24, an avg of $11.65, and a max of $15.16 and a 0% ROI (neutral sentiment). From 2027 onward, the averages rise to $14.69 (2027), $16.48 (2028), $23.76 (2029), and $32.06 (2030) with ROIs of 26.1%, 41.5%, 104%, and 175.2% respectively. The momentum continues through 2031–2035 with averages of $33.03, $37.86, $38.86, and $38.36 and ROIs of 183.5%, 225%, 233.5%, and 229.2% as bullish sentiment persists.
By 2035 the average is projected at $57.96 with a max of $109.29 and a 397.5% ROI. The trend accelerates dramatically into the 2040s and 2050, with 2040 avg $81.76 and max $167.98 (601.8% ROI), and 2050 avg $236.26 with a max of $543.39 (1928% ROI). These figures illustrate substantial upside potential but remain estimates, not guarantees, and are subject to market risks and variability over time.
Tap a question to reveal the answer.
In 2030 the forecast shows an average price of $32.06 with a minimum of $20.85 and a maximum of $53.28, and a predicted ROI of 175.2% with bullish sentiment.
The forecastSequence shows bullish sentiment from 2027 onward with rising average prices and ROIs (e.g., 2027 avg $14.69, ROI 26.1%; 2028 avg $16.48, ROI 41.5%; 2029 avg $23.76, ROI 104%; 2030 avg $32.06, ROI 175.2%), though the 2026 period is neutral with ROI 0%.
Yes. The forecast max values reach or exceed $100: 2035 max $109.29, 2040 max $167.98, and 2050 max $543.39, indicating $100 is within the projected ranges in the coming decades.
Current price is $11.65 and market cap is $576.76M.
The 30-day range is from a low of $8.61 to a high of $15.77.
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