A screen of stocks in industries related to EVs and autonomous driving highlights companies expected to grow most quickly from elevated 2023 baselines.
This is the second of two Deep Dive articles screening EV-related stocks. The first screen was based on analysts’ ratings and consensus price targets. This screen is based on projected sales growth from 2023 through 2025.
With such remarkable performance this year, including a doubling of shares for Tesla Inc. TSLA, -1.70% and a 34% increase for Rivian Automotive Inc. RIVN, -0.81%, along with an increase in its production estimate for 2023 on Thursday, it is a good time to look as far ahead as we can at industry growth projections from elevated 2023 baselines.
We looked at calendar-year consensus estimates through 2025 to see which companies were expected to have the highest compound annual growth rates for revenue from a 2023 baseline. We used calendar-year estimates because some companies’ fiscal years don’t match the calendar. This screen incorporates a significant upward move for some companies’ 2023 estimates.
For XPeng Inc. XPEV, -4.28%, the table only includes the American depositary receipts held by DRIV. But the company’s Class A shares 9868, -6.58% are held by KARS and IDRV.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fisker Alaska Electric Pickup Detailed, Coming In 2025 With A $45,400 PriceThe EV is smaller than most midsize pickups but offers an extendable rear bed that can grow to up to 9.2 feet
Leer más »
Cryptocurrency Price Prediction for 2023, 2024, 2025, and 2026pricePredictionDirectory-meta-description
Leer más »
Infiniti QX Monograph Is An Anti-Wedge SUV That Previews The 2025 QX80With a grille inspired by a bamboo forest, lights reminiscent of piano keys, and a commanding presence, the QX Monograph Concept previews the upcoming Infiniti QX80
Leer más »
View Photos of the 2025 Fisker Alaska2025 Fisker Alaska exterior and interior photos.
Leer más »
Global investment in AI could near $200 billion by 2025: Goldman SachsA report by Goldman Sachs economists projects that global private investment in artificial intelligence (AI) may rise from $91.9 billion in 2022 to $158.4 billion in 2025.
Leer más »
Jaguar I-Pace to retire by 2025 along with ICE range-matesI-Pace was due to remain on sale alongside Jaguar's new EVs but the brand wants a completely fresh start
Leer más »