Research Analysts Issue Forecasts for ELBM FY2026 Earnings

Electra Battery Materials Corporation (NASDAQ:ELBM) – Equities researchers at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for Electra Battery Materials in a research report issued on Thursday, May 21st. HC Wainwright analyst H. Ihle expects that the company will post earnings of $0.14 per share for the year.

Electra Battery Materials (NASDAQ:ELBM) last posted its earnings results on Thursday, May 14th. The company reported $0.12 EPS for the quarter.

Separately, Wall Street Zen upgraded Electra Battery Materials from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Electra Battery Materials has a consensus rating of “Hold” and a consensus price target of $2.10.

Electra Battery Materials Price Performance

Electra Battery Materials stock opened at $0.61 on Friday. Electra Battery Materials has a 52 week low of $0.50 and a 52 week high of $8.70. The business has a 50-day simple moving average of $0.61 and a 200 day simple moving average of $0.81. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.54. The stock has a market cap of $64.22 million, a price-to-earnings ratio of -0.53 and a beta of 2.51.

Institutional Investors Weigh In On Electra Battery Materials

Hedge funds have recently added to or reduced their stakes in the company. Ground Swell Capital LLC bought a new stake in Electra Battery Materials during the first quarter worth about $27,000. Jane Street Group LLC bought a new stake in Electra Battery Materials during the fourth quarter worth about $82,000. Aristides Capital LLC bought a new stake in Electra Battery Materials during the fourth quarter worth about $116,000. Rathbones Group PLC lifted its stake in Electra Battery Materials by 33.3% during the third quarter. Rathbones Group PLC now owns 100,171 shares of the company’s stock worth $121,000 after purchasing an additional 25,000 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Electra Battery Materials during the fourth quarter worth about $160,000. Institutional investors own 32.90% of the company’s stock.

About Electra Battery Materials

Electra Battery Materials Inc is a Canada-based battery materials company focused on the sourcing, refining and recycling of critical minerals used in lithium-ion batteries. The company’s core business activities include the development of hydrometallurgical processing facilities to convert raw feedstocks—such as mined ores, recycled battery black mass and industrial by-products—into battery-grade nickel, cobalt, lithium and other specialty materials. Electra’s business model centers on vertically integrated operations designed to secure supply chain resilience for North American and global electric vehicle (EV) and energy storage markets.

In 2022, Electra Battery Materials completed a business combination transaction and commenced trading on the NASDAQ under the ticker ELBM.