Analyst Price Target is $2.88
▲ +282.31% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Electrovaya in the last 3 months. The average price target is $2.88, with a high forecast of $3.25 and a low forecast of $2.50. The average price target represents a 282.31% upside from the last price of $0.75.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Electrovaya.
Electrovaya, Inc. is a lithium-ion battery technology and manufacturing company. engages in designing, developing, and manufacturing proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The firm's businesses include lithium-ion batteries to power MHEVs including forklifts and Automated Guided Vehicles, as well as accessories such as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses and other transportation applications; industrial products for energy storage; and specialty applications which require complex power solutions, including competencies in building systems for third parties. The company was founded by Sankar Das Gupta in September 1996 and is headquartered in Mississauga, Canada.
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