Opinions
Andrey Omelchak
Electrovaya
ELVA-T
TOP PICK
Sep 16, 2025
$8.350
Stock price when the opinion was issued
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A battery maker exposed to high-growth industries like robotics and aerospace/defense. They will triple their output next year, so there will be major topline expansion. They work with Walmart, Toyota et al. and just announced an OEM deal in Japan. Competitors are Chinese battery makers, but US companies won't buy Chinese batteries, which benefits ELVA because they qualify for Buy America.
(Analysts’ price target is $12.09)