11 Small Cap EV Stocks to Buy According to Analysts

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8. Garrett Motion Inc. (NASDAQ:GTX)

Market Cap: $2.63 billion

Number of Hedge Fund Holders: 39

Analyst Upside Potential: 34.56%

Garrett Motion Inc. (NASDAQ:GTX) is one of the Best Small Cap EV Stocks to Buy According to Analysts. Wall Street is bullish on Garrett Motion Inc. (NASDAQ:GTX) ahead of its fiscal third-quarter results for 2025, which are expected to be released on October 23.

The company topped Wall Street estimates during its fiscal second quarter. The revenue of $913 million grew 2.58% year-over-year and topped estimates by $3.10 million, while the EPS of $0.42 also exceeded the consensus by $0.06. Management raised the full-year outlook for 2025. Garrett Motion Inc. (NASDAQ:GTX) is now expecting full-year sales to be between $3.4 billion and $3.6 billion, ahead of the previous outlook of $3.3 billion and $3.5 billion. As a result, the outlook for net income has also increased from a range of $209 million and $254 million to a range of $233 million and $278 million.

Analysts are bullish on the stock. For instance, on September 19, Garrett Motion Inc. (NASDAQ:GTX) was initiated at Stifel Nicolaus with a Buy rating and a $17.5 price target. More recently, on September 30, Hamed Khorsand from BWS Financials raised the price target on the stock from $14 to $18, while reiterating a Buy rating on the stock.

Garrett Motion Inc. (NASDAQ:GTX) is a Swiss automotive company that designs and manufactures turbochargers and electric boosting technologies for light and commercial vehicles.

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