Equities Analysts Offer Predictions for ELBM FY2026 Earnings

Electra Battery Materials Corporation (NASDAQ:ELBM) – HC Wainwright upped their FY2026 earnings per share (EPS) estimates for shares of Electra Battery Materials in a research report issued on Tuesday, November 10th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.28 for the year, up from their previous forecast of $0.23. HC Wainwright has a “Buy” rating and a $2.00 price target on the stock. The consensus estimate for Electra Battery Materials’ current full-year earnings is $0.23 per share.

Separately, Weiss Ratings lowered shares of Electra Battery Materials from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, October 12th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $2.00.

Electra Battery Materials Stock Down 2.2%

Electra Battery Materials stock opened at $0.43 on Wednesday. Electra Battery Materials has a fifty-two week low of $0.37 and a fifty-two week high of $1.25. The firm has a market capitalization of $46.45 million, a price-to-earnings ratio of -0.49 and a beta of 2.58. The stock’s fifty day moving average is $0.49 and its two-hundred day moving average is $0.61. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.88 and a current ratio of 0.88.

Institutional Investors Weigh In On Electra Battery Materials

An institutional investor recently bought a new stake in Electra Battery Materials stock. PEAK6 LLC purchased a new position in shares of Electra Battery Materials Corporation (NASDAQ:ELBM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,249,080 shares of the company’s stock, valued at approximately $754,000. PEAK6 LLC owned approximately 1.17% of Electra Battery Materials as of its most recent filing with the Securities and Exchange Commission (SEC). 32.90% of the stock is owned by institutional investors and hedge funds.

Electra Battery Materials Company Profile

Electra Battery Materials Corp. is a Canadian battery materials company focused on producing battery-grade cobalt and other materials used in lithium-ion batteries. The company is developing a hydrometallurgical cobalt refinery in Ontario, Canada, designed to process cobalt-bearing feedstock into cobalt sulfate for use in electric vehicle and energy-storage battery supply chains. The company’s activities also include battery recycling and the recovery of critical minerals from battery materials, including black mass generated from recycled lithium-ion batteries.