WallStreetZenWallStreetZen

Sectors & IndustriesConsumer 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
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
TSLA
TESLA INC
$763.66B$62.19B$12.88B$8.40B$8.3373.04%48.72%605.93%N/A2022-07-25
NIU
NIU TECHNOLOGIES
$716.34M$557.95MN/A$30.14M$0.4038.90%N/A7.55%N/A2022-08-15
STLA
STELLANTIS NV
$41.51B$169.79B$25.81B$16.14B$5.13192.16%8.80%213.65%32.54%
SOLO
ELECTRAMECCANICA VEHICLES CORP
$160.13M$2.96MN/AN/A-$0.51344.32%N/AN/AN/A2022-08-09
TM
TOYOTA MOTOR CORP
$219.19B$230.39B$42.82B$20.93B$15.073.01%0.66%14.13%9.03%
RACE
FERRARI NV
$47.45B$4.73B$1.68B$918.95M$4.9917.34%6.93%25.16%15.32%
F
FORD MOTOR CO
$48.28B$134.59B$18.74B$11.57B$2.894.29%-2.56%189.00%24.92%2022-07-26
HYZN
HYZON MOTORS INC
$885.01M$6.41M-$11.64M-$14.76M-$0.15N/AN/AN/AN/A
SEV
SONO GROUP NV
$232.51M$17.39k-$63.67M-$69.51MN/AN/AN/AN/AN/A
PTRA
PROTERRA INC
$1.18B$247.44M-$183.15M-$247.92M-$4.0725.13%N/AN/AN/A
LI
LI AUTO INC
$39.36B$4.90B$38.54M$4.11M$0.00178.10%N/AN/AN/A
LCID
LUCID GROUP INC
$32.04B$84.47M-$1.80B-$1.91B-$17.391,873.21%N/AN/AN/A
NIO
NIO INC
$40.75B$5.69BN/A-$1.12B-$0.7170.87%N/AN/AN/A2022-08-09
HMC
HONDA MOTOR CO LTD
$42.83B$106.85B$12.07B$5.19B$3.02-1.29%-1.13%-3.55%1.78%
GP
GREENPOWER MOTOR CO INC
$86.10M$16.79M-$9.71M-$10.72M-$0.50106.07%N/AN/AN/A2022-06-27
AYRO
AYRO INC
$35.03M$2.92M-$31.27M-$32.02M-$0.8830.07%N/AN/AN/A2022-08-09
XPEV
XPENG INC
$30.04B$3.81BN/A-$863.57MN/A212.16%N/AN/AN/A2022-08-24
FSR
FISKER INC
$2.73B$95.00k-$401.36M-$416.57M-$1.40331.82%N/AN/AN/A2022-07-27
CENN
CENNTRO ELECTRIC GROUP LTD
$475.49M$8.58M-$14.08M-$16.42M-$0.09-84.69%-35.75%N/AN/A
WKHS
WORKHORSE GROUP INC
$513.43M-$1.36M-$275.40M-$302.89M-$2.29N/AN/AN/AN/A2022-08-08
NKLA
NIKOLA CORP
$2.36B$1.89M-$712.93M-$723.16M-$1.795,000.00%N/AN/AN/A2022-08-01
GM
GENERAL MOTORS CO
$50.77B$130.51B$24.36B$8.85B$6.096.76%-3.18%-2.56%-1.57%2022-07-26
BLBD
BLUE BIRD CORP
$338.46M$725.75M$655.00k-$14.29M-$0.46-5.22%-5.34%N/AN/A2022-08-10
RIVN
RIVIAN AUTOMOTIVE INC
$26.57BN/AN/AN/AN/AN/AN/AN/AN/A
ARVL
ARRIVAL
$1.13B$0.00-$1.14B-$1.20B-$2.09N/AN/AN/AN/A2022-08-10
FFIE
FARADAY FUTURE INTELLIGENT ELECTRIC INC
$749.65MN/AN/AN/AN/AN/AN/AN/AN/A
RIDE
LORDSTOWN MOTORS CORP
$371.11M$0.00-$363.49M-$374.79M-$2.02N/AN/AN/AN/A2022-08-09
VLCN
VOLCON INC
$31.71MN/AN/AN/AN/AN/AN/AN/AN/A
TTM
TATA MOTORS LTD
$17.71B$33.99B$2.65B-$1.95BN/A-1.73%-3.69%N/AN/A
GOEV
CANOO INC
$536.12M$0.00-$445.43M-$456.91M-$1.99-100.00%N/AN/AN/A2022-08-15
VEV
VICINITY MOTOR CORP
$47.02M$13.75M-$6.99M-$9.57M-$0.30-53.35%N/AN/AN/A
PEV
PHOENIX MOTOR INC
N/AN/AN/AN/AN/AN/AN/AN/AN/A

Auto Stocks FAQ

What are the best auto stocks to buy right now in Jun 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 67, which is 36 points higher than the auto industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Tesla has seen its stock return 8.43% over the past year, overperforming other auto stocks by 21 percentage points.

Tesla has an average 1 year price target of $937.46, an upside of 27.18% from Tesla's current stock price of $737.12.

Tesla stock has a consensus Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Tesla, 41.67% have issued a Strong Buy rating, 20.83% 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 59, which is 28 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 -69.93% 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 277.56% from NIU TECHNOLOGIES's current stock price of $9.27.

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 54, which is 23 points higher than the auto industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. STELLANTIS NV has seen its stock lose -35.05% over the past year, underperforming other auto stocks by -22 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 3 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 8.47%, which is 5 percentage points higher than the auto industry average of 3.91%.

STELLANTIS NV's dividend payout ratio of 9.7% indicates that its high dividend yield is sustainable for the long-term.

2. FORD MOTOR (NYSE:F)


FORD MOTOR (NYSE:F) has an annual dividend yield of 2.5%, which is -1 percentage points lower than the auto industry average of 3.91%. FORD MOTOR's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. FORD MOTOR's dividend has shown consistent growth over the last 10 years.

FORD MOTOR's dividend payout ratio of 10.4% 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 3.91%. 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 up?

Auto stocks were up 3.45% in the last day, and up 11.22% over the last week. XPENG was the among the top gainers in the auto manufacturers industry, gaining 7.04% yesterday.

Shares of several companies in the auto & auto components space are trading higher as stocks rebound following last week's selloff. The sector has experienced volatility amid Fed policy tightening measures to curb inflation which may lead to a slowdown in economic growth and consumer spending.

What are the most undervalued auto stocks?

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

1. HONDA MOTOR (NYSE:HMC)


HONDA MOTOR (NYSE:HMC) is the most undervalued auto stock based on WallStreetZen's Valuation Score. HONDA MOTOR has a valuation score of 71, which is 40 points higher than the auto industry average of 31. It passed 5 out of 7 valuation due diligence checks.

HONDA MOTOR's stock has dropped -21.85% in the past year. It has underperformed other stocks in the auto industry by -9 percentage points.

2. TOYOTA MOTOR (NYSE:TM)


TOYOTA MOTOR (NYSE:TM) is the second most undervalued auto stock based on WallStreetZen's Valuation Score. TOYOTA MOTOR has a valuation score of 71, which is 40 points higher than the auto industry average of 31. It passed 5 out of 7 valuation due diligence checks.

TOYOTA MOTOR's stock has dropped -10.46% in the past year. It has overperformed other stocks in the auto industry by 2 percentage points.

3. NIU TECHNOLOGIES (NASDAQ:NIU)


NIU TECHNOLOGIES (NASDAQ:NIU) is the third most undervalued auto stock based on WallStreetZen's Valuation Score. NIU TECHNOLOGIES has a valuation score of 57, which is 26 points higher than the auto industry average of 31. It passed 4 out of 7 valuation due diligence checks.

NIU TECHNOLOGIES's stock has dropped -69.93% in the past year. It has underperformed other stocks in the auto industry by -57 percentage points.

Are auto stocks a good buy now?

50% of auto stocks rated by analysts are a strong buy right now. On average, analysts expect auto stocks to rise by 42.06% 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 50.39x.
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.