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Stock impact report

Electrovaya: Profits Are Here And A 2X Is More Realistic [Seeking Alpha]

Electrovaya Inc. - Common Shares (ELVA) 
Company Research Source: Seeking Alpha
ELVA's Infinity Battery Technology Platform delivers industry-leading longevity and safety, targeting electric forklifts, robotics, and airport ground equipment—diversifying beyond volatile EV markets. Customer concentration remains high, with two Fortune 500 clients accounting for 83% of revenue, but rising order flow signals deepening relationships and product validation. Management expects continued profitability and margin strength into 2026, driven by scaling production, cost control, and expansion into defense and new industrial verticals. Richard Drury/DigitalVision via Getty Images The Era of Profits Begins Profits are here for Electrovaya ( ELVA ELVA:CA ) and, as we said a few months ago, they never lie , suggesting that a new upside trajectory may This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the sto Show less Read more
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