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

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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
TSLA	TESLA INC	United States	$614.81B	3,157,752,449	43.01%	15.09%	Net Selling	Net Selling
STLA	STELLANTIS NV	United Kingdom	$49.43B	3,144,113,003	32.84%	0.00%
SOLO	ELECTRAMECCANICA VEHICLES CORP	Canada	$137.91M	118,888,108	8.90%	0.00%
RIVN	RIVIAN AUTOMOTIVE INC	United States	$28.99B	920,955,805	63.20%	36.80%	Net Selling	Net Selling
TM	TOYOTA MOTOR CORP	Japan	$202.11B	13,687,486,964	0.13%	0.00%
NIU	NIU TECHNOLOGIES	China	$299.78M	155,324,512	16.59%	0.00%
LCID	LUCID GROUP INC	United States	$16.52B	1,680,431,090	53.22%	46.78%	Net Selling	Net Selling
HYZN	HYZON MOTORS INC	United States	$443.74M	247,900,979	5.59%	94.41%	Net Selling
LI	LI AUTO INC	China	$20.55B	1,929,740,892	11.33%	0.00%
F	FORD MOTOR CO	United States	$56.61B	4,020,494,099	49.68%	2.01%	Net Buying	Net Selling
HMC	HONDA MOTOR CO LTD	Japan	$42.01B	1,707,725,187	5.44%	0.00%
RACE	FERRARI NV	Italy	$56.38B	247,188,318	24.10%	0.00%
GP	GREENPOWER MOTOR CO INC	Canada	$52.09M	23,151,360	4.65%	10.28%	Net Buying
AYRO	AYRO INC	United States	$21.21M	37,020,518	9.45%	23.36%	Net Selling	Net Selling
SEV	SONO GROUP NV	Germany	$133.66M	99,007,641	6.29%	0.00%
PTRA	PROTERRA INC	United States	$1.22B	225,500,000	60.04%	12.96%	Net Buying	Net Buying
NKLA	NIKOLA CORP	United States	$1.25B	478,851,041	20.86%	26.49%	Net Buying	Net Buying
GM	GENERAL MOTORS CO	United States	$57.44B	1,420,696,787	79.89%	12.56%	Net Selling	Net Selling
NIO	NIO INC	China	$20.46B	1,692,127,489	29.65%	0.00%
ARVL	ARRIVAL	Luxembourg	$216.37M	657,661,077	9.01%	0.75%
BLBD	BLUE BIRD CORP	United States	$381.10M	32,024,911	49.26%	50.74%	Net Buying
XPEV	XPENG INC	Ghana	$8.57B	1,718,162,864	12.38%	0.00%
FSR	FISKER INC	United States	$2.28B	311,910,466	26.88%	8.05%	Net Selling	Net Buying
WKHS	WORKHORSE GROUP INC	United States	$380.71M	164,101,244	32.09%	33.98%	Net Buying	Net Selling
RIDE	LORDSTOWN MOTORS CORP	United States	$358.01M	216,976,245	27.52%	22.40%	Net Selling	Net Selling
PEV	PHOENIX MOTOR INC	United States	$33.57M	20,185,526	0.07%	89.05%
CENN	CENNTRO ELECTRIC GROUP LTD	United States	$164.59M	261,256,254	8.18%	3.56%
FFIE	FARADAY FUTURE INTELLIGENT ELECTRIC INC	United States	$139.58M	450,256,832	10.63%	45.59%
VEV	VICINITY MOTOR CORP	Canada	$33.44M	37,569,536	1.29%	0.00%
GOEV	CANOO INC	United States	$447.81M	324,500,887	15.74%	42.62%	Net Selling	Net Buying
VLCN	VOLCON INC	United States	$29.01M	24,376,260	4.23%	42.49%	Net Buying
AMV	ATLIS MOTOR VEHICLES INC	United States	$343.57M	37,879,507	0.00%	78.66%
NWTN	NWTN INC	United Arab Emirates	$2.65B	293,614,489	0.61%	3.20%

Auto Stocks FAQ

What are the best auto stocks to buy right now in Dec 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 56, which is 28 points higher than the auto industry average of 28. It passed 19 out of 33 due diligence checks and has strong fundamentals. Tesla has seen its stock lose -46.66% over the past year, underperforming other auto stocks by -4 percentage points.

Tesla has an average 1 year price target of $644.12, an upside of 230.82% from Tesla's current stock price of $194.70.

Tesla stock has a consensus Buy recommendation according to Wall Street analysts. Of the 29 analysts covering Tesla, 37.93% have issued a Strong Buy rating, 24.14% have issued a Buy, 27.59% have issued a hold, while 0% have issued a Sell rating, and 10.34% have issued a Strong Sell.

2. Stellantis Nv (NYSE:STLA)

Stellantis Nv (NYSE:STLA) is the second best auto stock with a Zen Score of 48, which is 20 points higher than the auto industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Stellantis Nv has seen its stock lose -11.09% over the past year, overperforming other auto stocks by 32 percentage points.

Stellantis Nv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Stellantis Nv, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Electrameccanica Vehicles (NASDAQ:SOLO)

Electrameccanica Vehicles (NASDAQ:SOLO) is the third best auto stock with a Zen Score of 47, which is 19 points higher than the auto industry average of 28. It passed 15 out of 33 due diligence checks and has strong fundamentals. Electrameccanica Vehicles has seen its stock lose -57.82% over the past year, underperforming other auto stocks by -15 percentage points.

Electrameccanica Vehicles has an average 1 year price target of $8.47, an upside of 629.83% from Electrameccanica Vehicles's current stock price of $1.16.

Electrameccanica Vehicles stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Electrameccanica Vehicles, 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 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 7.14%, which is 4 percentage points higher than the auto industry average of 2.95%.

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 3.55%, which is 1 percentage points higher than the auto industry average of 2.95%. 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 20% 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 0.64%, which is -2 percentage points lower than the auto industry average of 2.95%. 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 29.6% indicates that its dividend yield is sustainable for the long-term.

Why are auto stocks up?

Auto stocks were up 0.23% in the last day, and up 4.38% over the last week.

We couldn't find a catalyst for why auto stocks are up.

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 Co (NYSE:HMC)

Honda Motor Co (NYSE:HMC) is the most undervalued auto stock based on WallStreetZen's Valuation Score. Honda Motor Co has a valuation score of 71, which is 41 points higher than the auto industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Honda Motor Co's stock has dropped -11.29% in the past year. It has overperformed other stocks in the auto industry by 31 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 41 points higher than the auto industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Toyota Motor's stock has dropped -17.18% in the past year. It has overperformed other stocks in the auto industry by 26 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 27 points higher than the auto industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Niu Technologies's stock has dropped -81.1% in the past year. It has underperformed other stocks in the auto industry by -38 percentage points.

Are auto stocks a good buy now?

44.44% of auto stocks rated by analysts are a strong buy right now. On average, analysts expect auto stocks to rise by 95.3% 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 25.96x.

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.