The company owns a network of charging stations, some of which it manages directly, and some of which it sets up and allows a business owner to manage while taking a share of the revenue. View our full suite of financial calendars and market data tables, all for free. Should it become a leader in the provision of last-mile delivery EVs, this relatively small company could grow to become a massive player in the auto industry. Identify stocks that meet your criteria using seven unique stock screeners. What are electric vehicle (EV) stocks and should I invest in them? The company is already incorporating AI features into its cars, but it plans on going fully autonomous. Now put it to work for your future. With strong growth taking place in revenue and an expansion into international markets to drive further growth, XPeng is a stock thats well worth paying attention to. Theres no gasoline and no combustion; these cars run on batteries. This suggests a possible upside of 57.0% from the stock's current price. Nikola is another green vehicle startup, but it comes with a twist. Ford is another pioneer in the automotive industry, with a leadership position thats held for more than a century. Why not Banksy or Andy Warhol? Porsche and the Porsche crest are registered trademarks of Porsche AG. Both vehicles also have a range of 100 to 150 miles, depending on optional battery modules, making them a perfect option for last mile deliveries, a massive segment of the package and delivery business. It was working on the production of a consumer pickup truck but decided to tighten its core focus and stick with commercial vehicles. On average, they expect the company's share price to reach $1.90 in the next year. Free Reports from TheStreet. Longer-term, the company is planning to have 30 models across all four brands and price points with the goal of 1 million in annual EV sales volume by mid-decade and 5 million in annual sales by 2030. Earnings for Energous are expected to decrease in the coming year, from ($0.38) to ($0.41) per share. The company also rolled out its P7 model in 2021, further expanding its target market and potential growth. XPeng already has lidar sensor technology in its vehicles and a fully autonomous EV may be coming out of the manufacturer relatively soon. Not to mention, the company recently announced a partnership with Google. 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energous in the last twelve months. 120 km/hour (75mph) with a range of 200 km (120 miles) . EVs come with the chargers that let you plug them in and recharge them at home. 1 brokerages have issued 12 month price objectives for Energous' shares. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. WATT can hop onto trains without you leaving the car. Should you need such advice, consult a licensed financial or tax advisor. Its rear-mounted electric motor will be available in two power outputs, with a 40kWh battery, giving WLTP range of 230 miles. Unit 1, St Columb Industrial Estate, St Columb Major, Cornwall, TR9 6SF. Disclosure: The author currently has no positions in any stock mentioned herein nor any intention to hold any positions within the next 72 hours. That EV portfolio is growing quickly. There was an overvaluation argument early last year, but recent declines have made the stock more attractive as a value play. Apple hasnt announced who will manufacture the vehicle. Insiders that own company stock include Brian J Sereda, Cesar Johnston, John Gaulding, Neeraj Sahejpal, Nicolaos G Alexopoulos, Rahul G Patel, Stephen R Rizzone and William T Mannina. As the world looks to go green, and EVs address one of the largest drivers of carbon emissions, investors have been flocking to electric vehicle stocks, leading to increased trading volume, and in many cases, extreme price appreciation. Here are the top electric vehicle stocks on the market today: 1. 12. photos. With low sales volumes, it is difficult for these businesses whether start-ups or established brands to invest in their own new specific EV technology and develop it in-house. According to analysts' consensus price target of $1.90, Energous has a forecasted upside of 57.0% from its current price of $1.21. The P/E ratio of Energous is -2.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Based on aggregate information from My MarketBeat watchlists, some companies that other Energous investors own include Edap Tms (EDAP), Weatherford International (WFT), CTI BioPharma (CTIC), Advanced Micro Devices (AMD), NVIDIA (NVDA), Aurora Cannabis (ACB), Micron Technology (MU), Alibaba Group (BABA) and Petrleo Brasileiro S.A. - Petrobras (PBR). View institutional ownership trends. However, this article should not be viewed as a solicitation to purchase shares in any security and should only be used for entertainment and informational purposes. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. As demand continues to increase, Nio continues to innovate, and a global focus on clean energy becomes stronger, the stock is becoming more and more of an opportunity. Headquartered in Palo Alto, California, Tesla has become synonymous with the EV industry. Until now. Not to mention the extreme potential for growth given the companys focus on last-mile delivery vehicles, which reduces competition and may give it the ability to control the market. Investors should consult a financial advisor or do their own due diligence before making any investment decision. It weights approx. On average, they anticipate the company's stock price to reach $1.90 in the next year. So, whats the need for a charging company? USA Gains in EV Battery Arms Race (Ad), Nikola Shares Fall Even As EV Maker Beats Q3 Expectations, Mixed Results Actually Bring More Optimism than Risk for AMD, Paypal Shows Promise With Strong Buy Rating, New Revenue Strategy, Strong Earnings, Apple Remains a Buy, Chesapeake Energy Focus on Natural Gas Leads to Strong Results, Devon Energy Lower After Beating Q3 Views But Slashing Dividend, 7 Small-Cap Stocks That Could Rocket Higher in 2023, 7 Cash Rich Stocks That Offer Safety in Any Market, 7 Streaming Stocks that Will Stand up to Streaming Fatigue, 7 Agricultural Stocks to Buy to Keep Your Portfolio Well Fed, 7 Railroad Stocks to Keep Your Portfolio Chugging Along, 7 Solar Stocks Leading the Clean Energy Boom, 7 Water Stocks to Buy as the World Dries Up, 7 Sports Betting Stocks to Buy for Their Long-Term Possibilities, 7 Stocks to Buy to Outrun Rising Interest Rates, 7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time, Energous (WATT) Set to Announce Quarterly Earnings on Thursday, Energous partners with NGK Insulators - Seeking Alpha, Energous Partners with NGK to Enable Maintenance-free IoT Applications via Wireless Power Networks - Business Wire, Energous Corporation Announces Conference Call for Third-Quarter 2022 Financial Results - Energous (NASDA - Benzinga, Energous Corporation Announces Conference Call for Third-Quarter 2022 Financial Results, Energous Commends the United Nations' International Telecommunication Union Approval and Recommendation for Radio Frequency-based Wireless Power Transfer in the 900 MHz Band - businesswire.com, Energous Commends the United Nations International Telecommunication Union Approval and Recommendation for Radio Frequency-based Wireless Power Transfer in the 900 MHz Band - Yahoo Finance, Energous Commends the United Nations International Telecommunication Union Approval and Recommendation for Radio Frequency-based Wireless Power Transfer in the 900 MHz Band, Emerson (EMR) Reportedly in Asset-Sale Talks With Blackstone - Nasdaq, Energous Starts Generating A Small Amount Of Product Revenue (NASDAQ:WATT) - Seeking Alpha, Energous and Flagship Announce Second Commercial Deployment of Wireless Power Networks with Major Fashion Brand - Business Wire, Energous Presenting to Investors at Ladenburg Thalmann & Co. Inc. - Business Wire, Energous Receives Approval in Australia and New Zealand for 1W WattUp PowerBridge Transmitters - Business Wire, Energous Receives Approval in Australia and New Zealand for 1W WattUp PowerBridge Transmitters, Energous and e-peas Announce New Wireless Energy Harvesting Evaluation Kit Supporting IoT Industrial, Retail and Medical Applications - Business Wire, Energous and e-peas Announce New Wireless Energy Harvesting Evaluation Kit Supporting IoT Industrial, Retail and Medical Applications, Energous (WATT)'s Technical Outlook is Bright After Key Golden Cross - Nasdaq, Energous (WATT)'s Technical Outlook is Bright After Key Golden Cross, Wireless Power Transmission Market Size to hit USD 23174.8 Mn by 2027, Growing at a CAGR of 22.5% Says Brandessence Market - Bloomberg, ABB, ATS Global Sign MOU to Expand ABB Ability DCA Business - Nasdaq, ABB, ATS Global Sign MOU to Expand ABB Ability DCA Business - Yahoo Finance, Energous Corporation Names Two New Directors - Business Wire, Energous Corporation Names Two New Directors, Ice Caps Are Melting Faster, Nikola-Tesla Rivalry Heats Up And Making Green Hydrogen - Forbes, Energous Corporation (WATT) CEO Cesar Johnston on Q2 2022 Results - Earnings Call Transcript, view top-rated stocks among Wall Street analysts, Petrleo Brasileiro S.A. - Petrobras (PBR), 3590 NORTH FIRST STREET SUITE 210, SAN JOSE CA, 95134. Neil Yates, founder and owner of Watt Electric Vehicle Company, said: As we rapidly accelerate towards 2030, electrification is a major challenge for niche manufacturers. All told, Nikola is working in a space with little competition and solving a major problem in the process. A Segway has excellent maneuverability but is unfit for roads and can transport only one passenger who remains standing and dangerously exposed. Get daily stock ideas from top-performing Wall Street analysts. The key to PACES enormous capability is its structure system. Like with General Motors, an investment in Ford is an investment in a longstanding company that has not only survived the ups and downs of its industry and the economy, but thrived in the process. Last year, it announced a partnership with Livox, a leading Chinese lidar company. The company is also quickly going from national to international. It only takes about 20 minutes to charge these vehicles up from empty. 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