Sectors & Industries Consumer CyclicalAuto Manufacturers
Best Auto Stocks to Buy Now (2022)
Top auto stocks in 2022 ranked by overall Zen Score. See the best auto stocks to buy now, according to analyst forecasts for the auto manufacturers industry.

Industry: Auto Manufacturers

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
TSLA	TESLA INC	NASDAQ	Auto Manufacturers	$746.17B	$238.13	-1.11%	$14.30B	76.57x	0.85
NIU	NIU TECHNOLOGIES	NASDAQ	Auto Manufacturers	$304.24M	$3.92	-3.92%	N/A	16.40x	0.89
STLA	STELLANTIS NV	NYSE	Auto Manufacturers	$38.64B	$12.29	-2.07%	$25.20B	2.50x	1.79
SOLO	ELECTRAMECCANICA VEHICLES CORP	NASDAQ	Auto Manufacturers	$143.66M	$1.21	-3.97%	-$62.56M	-2.09x	0.12
F	FORD MOTOR CO	NYSE	Auto Manufacturers	$49.69B	$12.36	-1.20%	$19.05B	4.23x	4.56
LCID	LUCID GROUP INC	NASDAQ	Auto Manufacturers	$24.11B	$14.41	-3.87%	-$1.72B	9.36x	0.92
TM	TOYOTA MOTOR CORP	NYSE	Auto Manufacturers	$186.86B	$136.17	-1.39%	$41.33B	9.61x	1.59
LI	LI AUTO INC	NASDAQ	Auto Manufacturers	$20.21B	$20.95	-12.34%	$29.55M	-374.11x	0.70
HYZN	HYZON MOTORS INC	NASDAQ	Auto Manufacturers	$446.22M	$1.80	-5.76%	-$11.64M	-12.00x	0.42
RIVN	RIVIAN AUTOMOTIVE INC	NASDAQ	Auto Manufacturers	$33.68B	$36.76	1.74%	-$6.49B	-2.19x	0.20
RACE	FERRARI NV	NYSE	Auto Manufacturers	$47.18B	$190.88	-1.36%	$1.65B	38.25x	2.24
HMC	HONDA MOTOR CO LTD	NYSE	Auto Manufacturers	$38.52B	$22.52	-0.53%	$11.54B	8.37x	1.22
GP	GREENPOWER MOTOR CO INC	NASDAQ	Auto Manufacturers	$56.95M	$2.46	2.50%	-$15.92M	-3.24x	0.78
NIO	NIO INC	NYSE	Auto Manufacturers	$24.99B	$14.77	-7.92%	N/A	-17.17x	1.63
PTRA	PROTERRA INC	NASDAQ	Auto Manufacturers	$1.22B	$5.44	-2.86%	-$58.13M	-272.00x	0.42
WKHS	WORKHORSE GROUP INC	NASDAQ	Auto Manufacturers	$433.91M	$2.65	-4.68%	-$261.55M	-1.28x	0.16
AYRO	AYRO INC	NASDAQ	Auto Manufacturers	$21.84M	$0.59	-2.16%	-$29.57M	-0.72x	0.04
NKLA	NIKOLA CORP	NASDAQ	Auto Manufacturers	$1.53B	$3.54	-4.32%	-$735.32M	-1.92x	0.95
XPEV	XPENG INC	NYSE	Auto Manufacturers	$9.02B	$10.56	-3.91%	N/A	N/A	0.73
FSR	FISKER INC	NYSE	Auto Manufacturers	$2.25B	$7.52	-5.05%	-$455.77M	-4.70x	1.29
ARVL	ARRIVAL	NASDAQ	Auto Manufacturers	$523.50M	$0.80	3.11%	-$128.36M	-3.62x	0.44
SEV	SONO GROUP NV	NASDAQ	Auto Manufacturers	$247.52M	$2.50	-1.57%	-$95.53M	N/A	1.17
BLBD	BLUE BIRD CORP	NASDAQ	Auto Manufacturers	$310.64M	$9.70	1.89%	-$7.96M	-11.83x	20.07
GM	GENERAL MOTORS CO	NYSE	Auto Manufacturers	$50.49B	$34.63	-0.60%	$22.56B	6.52x	2.90
RIDE	LORDSTOWN MOTORS CORP	NASDAQ	Auto Manufacturers	$370.57M	$1.80	6.82%	-$191.38M	-1.65x	0.12
CENN	CENNTRO ELECTRIC GROUP LTD	NASDAQ	Auto Manufacturers	$259.95M	$1.00	-0.50%	N/A	N/A	0.10
FFIE	FARADAY FUTURE INTELLIGENT ELECTRIC INC	NASDAQ	Auto Manufacturers	$232.82M	$0.71	9.57%	N/A	-0.34x	1.07
PEV	PHOENIX MOTOR INC	NASDAQ	Auto Manufacturers	$42.04M	$2.14	15.05%	N/A	N/A	0.26
VEV	VICINITY MOTOR CORP	NASDAQ	Auto Manufacturers	$40.58M	$1.08	-6.09%	-$8.58M	-2.97x	0.61
VLCN	VOLCON INC	NASDAQ	Auto Manufacturers	$48.45M	$1.99	-2.45%	N/A	N/A	0.59
GOEV	CANOO INC	NASDAQ	Auto Manufacturers	$441.67M	$1.62	-6.36%	-$496.73M	-0.75x	1.11
AMV	ATLIS MOTOR VEHICLES INC	NASDAQ	Auto Manufacturers	$927.67M	$24.49	95.45%	-$155.57M	N/A	4.79

Auto Stocks FAQ

What are the best auto stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best car stocks to buy right now are:

1. Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA) is the top auto stock with a Zen Score of 64, which is 33 points higher than the auto industry average of 31. It passed 22 out of 33 due diligence checks and has strong fundamentals. Tesla has seen its stock lose -8.73% over the past year, overperforming other auto stocks by 19 percentage points.

Tesla has an average 1 year price target of $745.62, an upside of 213.12% from Tesla's current stock price of $238.13.

Tesla stock has a consensus Buy recommendation according to Wall Street analysts. Of the 32 analysts covering Tesla, 40.63% have issued a Strong Buy rating, 21.88% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.

2. Niu Technologies (NASDAQ:NIU)

Niu Technologies (NASDAQ:NIU) is the second best auto stock with a Zen Score of 62, which is 31 points higher than the auto industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Niu Technologies has seen its stock lose -83.91% over the past year, underperforming other auto stocks by -57 percentage points.

Niu Technologies has an average 1 year price target of $35.00, an upside of 792.86% from Niu Technologies's current stock price of $3.92.

Niu Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Niu Technologies, 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.

3. Stellantis Nv (NYSE:STLA)

Stellantis Nv (NYSE:STLA) is the third best auto stock with a Zen Score of 48, which is 17 points higher than the auto industry average of 31. It passed 17 out of 38 due diligence checks and has strong fundamentals. Stellantis Nv has seen its stock lose -33.75% over the past year, underperforming other auto stocks by -6 percentage points.

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

What are the auto stocks with highest dividends?

Out of 4 auto stocks that have issued dividends in the past year, the 3 auto stocks with the highest dividend yields are:

1. Stellantis Nv (NYSE:STLA)

Stellantis Nv (NYSE:STLA) has an annual dividend yield of 9.13%, which is 6 percentage points higher than the auto industry average of 3.45%.

Stellantis Nv's dividend payout ratio of 22.8% indicates that its high dividend yield is sustainable for the long-term.

2. Ford Motor Co (NYSE:F)

Ford Motor Co (NYSE:F) has an annual dividend yield of 3.64%, which is the same as the auto industry average of 3.45%. Ford Motor Co's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Ford Motor Co's dividend has shown consistent growth over the last 10 years.

Ford Motor Co's dividend payout ratio of 10.3% indicates that its dividend yield is sustainable for the long-term.

3. Ferrari Nv (NYSE:RACE)

Ferrari Nv (NYSE:RACE) has an annual dividend yield of 0.77%, which is -3 percentage points lower than the auto industry average of 3.45%. Ferrari Nv's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ferrari Nv's dividend has shown consistent growth over the last 10 years.

Ferrari Nv's dividend payout ratio of 29.5% indicates that its dividend yield is sustainable for the long-term.

Why are auto stocks down?

Auto stocks were down -0.16% in the last day, and down -3.32% over the last week. Li Auto was the among the top losers in the auto manufacturers industry, dropping -12.34% yesterday.

Li Auto shares are trading lower amid weakness in Chinese EV stocks. The sector may be under pressure due a rotation out of riskier names due to rising yields and macro uncertainty.

What are the most undervalued auto stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued auto stocks right now are:

1. Niu Technologies (NASDAQ:NIU)

Niu Technologies (NASDAQ:NIU) is the most undervalued auto stock based on WallStreetZen's Valuation Score. Niu Technologies has a valuation score of 100, which is 67 points higher than the auto industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Niu Technologies's stock has dropped -83.91% in the past year. It has underperformed other stocks in the auto industry by -57 percentage points.

2. Honda Motor Co (NYSE:HMC)

Honda Motor Co (NYSE:HMC) is the second most undervalued auto stock based on WallStreetZen's Valuation Score. Honda Motor Co has a valuation score of 71, which is 38 points higher than the auto industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Honda Motor Co's stock has dropped -24.48% in the past year. It has overperformed other stocks in the auto industry by 3 percentage points.

3. Toyota Motor (NYSE:TM)

Toyota Motor (NYSE:TM) is the third most undervalued auto stock based on WallStreetZen's Valuation Score. Toyota Motor has a valuation score of 71, which is 38 points higher than the auto industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Toyota Motor's stock has dropped -18.45% in the past year. It has overperformed other stocks in the auto industry by 9 percentage points.

Are auto stocks a good buy now?

40.74% of auto stocks rated by analysts are a strong buy right now. On average, analysts expect auto stocks to rise by 118.03% over the next year.

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

The average P/E ratio of the auto manufacturers industry is 41.81x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.