The average one-year price target for Electrovaya (NasdaqCM:ELVA) has been revised to $6.26 / share. This is an increase of 18.16% from the prior estimate of $5.30 dated December 5, 2025.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $5.10 to a high of $7.58 / share. The average price target represents a decrease of 7.67% from the latest reported closing price of $6.78 / share.
What is the Fund Sentiment?
There are 53 funds or institutions reporting positions in Electrovaya. This is an increase of 25 owner(s) or 89.29% in the last quarter. Average portfolio weight of all funds dedicated to ELVA is 0.21%, an increase of 26.37%. Total shares owned by institutions decreased in the last three months by 14.58% to 5,759K shares.
What are Other Shareholders Doing?
Herald Investment Management holds 1,265K shares representing 2.64% ownership of the company. No change in the last quarter.
Polar Asset Management Partners holds 478K shares representing 1.00% ownership of the company. In its prior filing, the firm reported owning 1,677K shares , representing a decrease of 250.55%. The firm decreased its portfolio allocation in ELVA by 64.58% over the last quarter.
WealthTrust Axiom holds 411K shares representing 0.86% ownership of the company. In its prior filing, the firm reported owning 416K shares , representing a decrease of 1.14%. The firm increased its portfolio allocation in ELVA by 55.58% over the last quarter.
Caldwell Investment Management holds 398K shares representing 0.83% ownership of the company.
Mink Brook Asset Management holds 346K shares representing 0.72% ownership of the company. In its prior filing, the firm reported owning 395K shares , representing a decrease of 14.04%. The firm increased its portfolio allocation in ELVA by 17.56% over the last quarter.
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