Best Electric Vehicle Stocks Worth Watching - November 3rd

Key Points

• MarketBeat identified seven electric-vehicle stocks to watch: Tesla, Rivian Automotive, NIO, BorgWarner, XPENG, Shoals Technologies Group, and QuantumScape, selected based on recent dollar trading volume.
• The group spans the broader EV ecosystem, including automakers, battery developers, charging and electrical-system suppliers, and companies supporting hybrid and electric vehicles.
• Trading data showed mixed performance and significant volatility: Tesla remained the largest company at a $1.58 trillion market capitalization, while several firms—including NIO, XPENG, and QuantumScape—traded near their 52-week lows and reported negative earnings.

Tesla, Rivian Automotive, NIO, BorgWarner, XPENG, Shoals Technologies Group, and QuantumScape are the seven Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of companies involved in the design, manufacture, sale, or support of electric vehicles, including automakers, battery producers, charging-network operators, and related technology firms. For stock market investors, these securities represent ownership in businesses exposed to the growth of electric transportation and may be influenced by factors such as consumer demand, government incentives, competition, production costs, and technological developments. These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of Tesla stock traded down $4.64 during trading hours on Tuesday, reaching $399.18. 11,218,054 shares of the company's stock were exchanged, compared to its average volume of 50,078,621. The business has a fifty day moving average of $370.43 and a two-hundred day moving average of $385.59. The company has a market capitalization of $1.58 trillion, a P/E ratio of 438.39, a price-to-earnings-growth ratio of 25.04 and a beta of 1.92. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. Tesla has a 1 year low of $297.38 and a 1 year high of $498.83.

Read Our Latest Research Report on TSLA

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of NASDAQ RIVN traded up $0.04 during mid-day trading on Tuesday, reaching $13.22. 11,744,986 shares of the company's stock were exchanged, compared to its average volume of 29,337,576. The company's 50-day moving average is $14.45 and its 200-day moving average is $15.47. The firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of -5.90 and a beta of 1.62. Rivian Automotive has a 52-week low of $11.38 and a 52-week high of $22.69. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.65 and a current ratio of 2.10.

Read Our Latest Research Report on RIVN

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

NYSE:NIO traded down $0.01 during mid-day trading on Tuesday, hitting $3.19. The stock had a trading volume of 9,488,935 shares, compared to its average volume of 36,360,816. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 2.11. The company has a market capitalization of $7.91 billion, a PE ratio of -11.80 and a beta of 0.92. The stock has a 50-day simple moving average of $3.62 and a two-hundred day simple moving average of $4.88. NIO has a twelve month low of $3.16 and a twelve month high of $7.54.

Read Our Latest Research Report on NIO

BorgWarner (BWA)

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.

Shares of BWA traded up $0.38 during mid-day trading on Tuesday, hitting $52.12. The company's stock had a trading volume of 535,359 shares, compared to its average volume of 2,750,530. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.67. The firm has a 50-day simple moving average of $60.99 and a 200 day simple moving average of $60.56. BorgWarner has a 1-year low of $40.73 and a 1-year high of $78.82. The firm has a market capitalization of $10.47 billion, a P/E ratio of 22.16, a P/E/G ratio of 0.82 and a beta of 1.20.

Read Our Latest Research Report on BWA

XPENG (XPEV)

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.

NYSE:XPEV traded up $0.03 during trading hours on Tuesday, reaching $9.60. 2,354,944 shares of the company traded hands, compared to its average volume of 6,886,922. The stock has a market cap of $9.16 billion, a P/E ratio of -19.99 and a beta of 1.07. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 0.86. XPENG has a 1-year low of $8.94 and a 1-year high of $28.24. The firm's 50-day moving average is $10.10 and its 200-day moving average is $14.47.

Read Our Latest Research Report on XPEV

Shoals Technologies Group (SHLS)

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.

Shoals Technologies Group stock traded up $0.52 during trading on Tuesday, reaching $8.12. The company had a trading volume of 2,150,810 shares, compared to its average volume of 5,132,153. Shoals Technologies Group has a 12-month low of $5.43 and a 12-month high of $13.18. The stock's 50 day moving average price is $7.57 and its two-hundred day moving average price is $8.47. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 0.90 and a beta of 1.85. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.12 and a current ratio of 2.25.

Read Our Latest Research Report on SHLS

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Shares of QS stock traded down $0.01 during trading hours on Tuesday, reaching $4.01. The company had a trading volume of 3,087,098 shares, compared to its average volume of 18,266,500. The company has a market capitalization of $2.50 billion, a P/E ratio of -4.94 and a beta of 2.83. The stock's fifty day simple moving average is $4.78 and its 200 day simple moving average is $6.65. The company has a debt-to-equity ratio of 0.02, a quick ratio of 21.14 and a current ratio of 21.14. QuantumScape has a twelve month low of $3.80 and a twelve month high of $17.71.

Read Our Latest Research Report on QS

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