Rivian, Lucid and XPeng make the list of 20 EV companies expected to grow sales most quickly through 2025

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

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.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »