12 Most Promising EV Battery Stocks According to Wall Street Analysts

9. EnerSys (NYSE:ENS)

Analysts’ Upside Potential as of April 29: 35.59%

EnerSys (NYSE:ENS) has been expanding its line of business to meet the growing demand for energy storage products, including EV batteries. The NexSys iON battery’s launch in June 2021 marked a significant advancement. Its segments consist of Energy Systems, Motive Power, and Specialty.

The firm reported $906 million in revenue for the third quarter of fiscal 2025, which concluded on December 29, 2024, a 5% growth over the previous year. Strong adjusted earnings of $53 million were generated by its Motive Power segment, which generated $359 million. Furthermore, the premium maintenance-free batteries experienced a remarkable 17% surge in sales, accounting for 27% of all motive power sales presently, up from 23% a year before.

EnerSys (NYSE:ENS), a leader in battery technology riding the electrification wave, has raised its fiscal 2025 projection. With anticipated sales of between $960 million and $1 billion, the company forecasts that Q4 2025 will be one of its most successful quarters. The firm is therefore well-positioned for future success in the energy storage industry due to its focus on high-end battery technology and operational improvements, which also places it on the list of the Best Promising Stocks with an average upside potential of 35.29.