Best Auto Part Stocks to Buy Now (2026)
Top auto part stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best auto part stocks to buy now. Learn More.

Industry: Auto Parts
B
Auto Parts is Zen Rated B and is the 45th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
MGA
MAGNA INTERNATIONAL INC
34
14
57
0
20
80
MPAA
MOTORCAR PARTS OF AMERICA INC
45
71
43
44
20
PLOW
DOUGLAS DYNAMICS INC
48
14
71
33
40
80
THRM
GENTHERM INC
42
29
43
56
40
ADNT
ADIENT PLC
40
43
71
56
30
0

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Use Due Diligence Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Auto Part Stocks FAQ

What are the best auto part stocks to buy right now in Aug 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best auto part stocks to buy right now are:

1. Magna International (NYSE:MGA)


Magna International (NYSE:MGA) is the #1 top auto part stock out of 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Magna International (NYSE:MGA) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: B.

Magna International (NYSE:MGA) has a Due Diligence Score of 34, which is -1 points lower than the auto part industry average of 35. Although this number is below the industry average, our proven quant model rates MGA as a "A".

MGA passed 11 out of 38 due diligence checks and has average fundamentals. Magna International has seen its stock return 63.86% over the past year, overperforming other auto part stocks by 44 percentage points.

Magna International has an average 1 year price target of $68.58, an upside of 1.05% from Magna International's current stock price of $67.87.

Magna International stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Magna International, 16.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 58.33% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

2. Motorcar Parts Of America (NASDAQ:MPAA)


Motorcar Parts Of America (NASDAQ:MPAA) is the #2 top auto part stock out of 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Motorcar Parts Of America (NASDAQ:MPAA) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Motorcar Parts Of America (NASDAQ:MPAA) has a Due Diligence Score of 45, which is 10 points higher than the auto part industry average of 35.

MPAA passed 14 out of 33 due diligence checks and has strong fundamentals. Motorcar Parts Of America has seen its stock return 30.48% over the past year, overperforming other auto part stocks by 11 percentage points.

Motorcar Parts Of America has an average 1 year price target of $17.50, an upside of 28.96% from Motorcar Parts Of America's current stock price of $13.57.

Motorcar Parts Of America stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Motorcar Parts Of America, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Douglas Dynamics (NYSE:PLOW)


Douglas Dynamics (NYSE:PLOW) is the #3 top auto part stock out of 49 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year. Learn more.

The Component Grade breakdown for Douglas Dynamics (NYSE:PLOW) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.

Douglas Dynamics (NYSE:PLOW) has a Due Diligence Score of 48, which is 13 points higher than the auto part industry average of 35.

PLOW passed 17 out of 38 due diligence checks and has strong fundamentals. Douglas Dynamics has seen its stock return 48.41% over the past year, overperforming other auto part stocks by 29 percentage points.

Douglas Dynamics has an average 1 year price target of $57.50, an upside of 36.81% from Douglas Dynamics's current stock price of $42.03.

Douglas Dynamics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Douglas Dynamics, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the auto part stocks with highest dividends?

Out of 15 auto part stocks that have issued dividends in the past year, the 3 auto part stocks with the highest dividend yields are:

1. Monro (NASDAQ:MNRO)


Monro (NASDAQ:MNRO) has an annual dividend yield of 8.78%, which is 6 percentage points higher than the auto part industry average of 2.5%. Monro's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Monro's dividend has shown consistent growth over the last 10 years.

Monro's dividend payout ratio of 487% indicates that its high dividend yield might not be sustainable for the long-term.

2. Lkq (NASDAQ:LKQ)


Lkq (NASDAQ:LKQ) has an annual dividend yield of 5.14%, which is 3 percentage points higher than the auto part industry average of 2.5%. Lkq's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Lkq's dividend has shown consistent growth over the last 10 years.

Lkq's dividend payout ratio of 66.7% indicates that its high dividend yield is sustainable for the long-term.

3. Standard Motor Products (NYSE:SMP)


Standard Motor Products (NYSE:SMP) has an annual dividend yield of 3.3%, which is 1 percentage points higher than the auto part industry average of 2.5%. Standard Motor Products's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Standard Motor Products's dividend has shown consistent growth over the last 10 years.

Standard Motor Products's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

Why are auto part stocks down?

Auto part stocks were down -0.15% in the last day, and down -3.78% over the last week. Douglas Dynamics was the among the top losers in the auto parts industry, dropping -4.76% yesterday.

Douglas Dynamics shares are trading lower after the company reported mixed Q2 financial results.

What are the most undervalued auto part stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued auto part stocks right now are:

1. Lear (NYSE:LEA)


Lear (NYSE:LEA) is the most undervalued auto part stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Lear has a valuation score of 71, which is 44 points higher than the auto part industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Lear's stock has gained 34.61% in the past year. It has overperformed other stocks in the auto part industry by 15 percentage points.

2. Micware Co (NASDAQ:MWC)


Micware Co (NASDAQ:MWC) is the second most undervalued auto part stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Micware Co has a valuation score of 43, which is 16 points higher than the auto part industry average of 27. It passed 3 out of 7 valuation due diligence checks.

3. Adient (NYSE:ADNT)


Adient (NYSE:ADNT) is the third most undervalued auto part stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Adient has a valuation score of 43, which is 16 points higher than the auto part industry average of 27. It passed 3 out of 7 valuation due diligence checks.

Adient's stock has dropped -3.22% in the past year. It has underperformed other stocks in the auto part industry by -23 percentage points.

Are auto part stocks a good buy now?

48.48% of auto part stocks rated by analysts are a strong buy right now. On average, analysts expect auto part stocks to rise by 23.78% over the next year.

4.88% of auto part stocks have a Zen Rating of A (Strong Buy), 19.51% of auto part stocks are rated B (Buy), 60.98% are rated C (Hold), 9.76% are rated D (Sell), and 4.88% are rated F (Strong Sell).

What is the average p/e ratio of the auto parts industry?

The average P/E ratio of the auto parts industry is 22.4x.
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