On March 4, Tom Lee, Fundstrat, joined ‘Closing Bell’ on CNBC to discuss the latest market price action. He observed that while recent headlines regarding potential US conflicts have been scary, the markets are handling the news better than many had expected. Lee suggested that the current environment shows the makings of a bottom. He noted that bad news is being taken in stride and that a position reset has occurred, which he believes will create opportunity on the other side of the current volatility.

Regarding specific signs, Lee pointed to two technical indicators. First, he referenced a potential spike in the VIX to over 40, followed by a retracement, similar to the action seen in April; he noted that while the VIX reached 80 last year, he does not expect it to reach that level again. Second, he suggested that a washout would be confirmed if a new scary headline causes gold to sell off while stocks simultaneously turn green, indicating that the market has finished de-risking. He tells the interviewer that he believes the market is pretty close to this point.

Additionally, addressing the AI trade and the return of MAG7 stocks as safe havens, Lee asserted that March marked the beginning of a bottom for software, the MAG7, and cryptocurrencies, which he believes were 90% through their declines. He concluded that these sectors are showing leadership and possess strong fundamental stories and noted that even in the event of global trade disruptions, the need for AI and the MAG7 remains.

That being said, we’re here with a list of the 11 best EV stocks to buy according to analysts.

Our Methodology

We used screeners to identify EV stocks with an average upside potential of at least 30%, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.

Note: All data was sourced on March 4. 

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

11 Best EV Stocks to Buy According to Analysts

11. Nuvve Holding Corp. (NASDAQ:NVVE)

Nuvve Holding Corp. (NASDAQ:NVVE) is one of the best EV stocks to buy according to analysts. Earlier on January 26, Nuvve Denmark ApS (which is a subsidiary of Nuvve Holding) and the Nordic energy storage company Capture Energy AB signed a framework agreement to deploy Battery Energy Storage Systems/BESS across Europe. This long-term collaboration formalizes the principles for their continued relationship and begins with an initial $5 million contract.

Under this first phase, Capture Energy will provide turnkey solutions for three projects Nuvve is currently developing in Denmark alongside E&B Renewables. Capture Energy is responsible for the design, installation, and commissioning of its containerized PowerBox LC units, which use liquid-cooling technology to maintain stable battery temperatures and extend hardware lifespan.

These first three sites are expected to be operational by the summer of 2026, with Capture Energy providing maintenance services for the next decade. The modular nature of these systems allows Nuvve to implement a cookie-cutter approach, streamlining the scaling of virtual power plants managed by the Nuvve platform. Looking beyond the initial rollout, both parties are currently negotiating three additional 10MW projects as part of their broader expansion strategy.

Nuvve Holding Corp. (NASDAQ:NVVE) is a green energy technology company that provides a commercial V2G technology platform. It offers a Grid Integrated Vehicle platform, which enables EV batteries to store and resell unused energy back to the local electric grid and provide other grid services.

10. Beam Global (NASDAQ:BEEM)

Beam Global (NASDAQ:BEEM) is one of the best EV stocks to buy according to analysts. On February 12, Beam Global announced a strong start to 2026 with over $1 million in smart cities infrastructure sales generated within a single week across the Balkans. The sales include a variety of essential infrastructure solutions, such as public lighting systems, telecommunication towers, and transportation-supporting technology. These orders span several countries, specifically targeting projects in Romania, Croatia, Bosnia and Herzegovina, and Serbia.

The current expansion reflects the company’s focus on diversifying its product portfolio and growing its international presence following recent European acquisitions. Specific projects under this sales surge include infrastructure for railway operations in Croatia, advanced traffic portals in Romania, and telecom systems in Serbia. This growth shows that Beam Global’s move into established infrastructure markets is meeting long-term demand for electrified and sustainable urban solutions.

The CEO noted that these results validate the company’s decision to invest in innovative products for the smart cities sector, which is projected to reach $408.4 billion globally by 2030. By executing sales in the Balkan region, Beam Global (NASDAQ:BEEM) is positioning itself as a key provider of the foundational hardware required for modern urban electrification and energy security.

Beam Global (NASDAQ:BEEM) is a clean-technology innovation company that designs, develops, engineers, manufactures, and sells renewably energized infrastructure products and battery solutions in the US and Romania.