5 Best EV Charging Infrastructure Stocks to Buy Now

In this article, we will discuss the 5 Best EV Charging Infrastructure Stocks to Buy Now. For deeper discussion and analysis, read 7 Best EV Charging Infrastructure Stocks to Buy Now.

5. Tesla, Inc. (NASDAQ:TSLA)

Short Percentage of Shares Outstanding: 2.05% 

On June 16, Tesla, Inc. (NASDAQ:TSLA) announced that it had signed a letter of intent with Argentine state energy company YPF to explore potential joint opportunities in fast-charging networks and energy storage infrastructure. The agreement followed a visit by YPF CEO Horacio Marin to Tesla’s Gigafactory in Texas, where discussions focused on collaboration across energy infrastructure, electric mobility, and technological innovation. The initiative underscores Tesla’s growing influence beyond electric vehicles and highlights the company’s expanding role in global energy and charging infrastructure development.

On the same day, Goldman Sachs indicated that Tesla, Inc. (NASDAQ:TSLA) second-quarter vehicle deliveries are likely tracking ahead of the current consensus estimate of 400,000 units. The firm increased its forecast to 420,000 deliveries from 405,000, citing encouraging sales trends across Tesla’s key markets, including China, the United States, and Europe. Goldman noted that Europe is demonstrating particularly strong year-over-year growth and maintained its Neutral rating on the shares with a $375 price target, reflecting confidence in the company’s near-term delivery performance.

Founded in 2003 and headquartered in Austin, Texas, Tesla, Inc. (NASDAQ:TSLA) is a vertically integrated sustainable-energy and automotive company. It designs, manufactures, and sells electric vehicles, solar energy systems, and battery storage solutions. Tesla developed and operates the Supercharger network, which it is also opening to other automakers through its North American Charging Standard (NACS).

4. Southern Copper Corporation (NYSE:SCCO)

Short Percentage of Shares Outstanding: 1.42% 

On June 17, JPMorgan analyst Rodolfo Angele raised the firm’s price target on Southern Copper Corporation (NYSE:SCCO) to $131.50 from $127 while maintaining an Underweight rating on the shares. The adjustment followed an update to the firm’s financial model and reflects a more constructive outlook for the company’s earnings potential and operating environment, despite the continued cautious rating.

On June 15, Scotiabank analyst Alfonso Salazar increased the firm’s price target on Southern Copper Corporation (NYSE:SCCO) to $140 from $135 while maintaining an Underperform rating. The analyst updated valuation targets across the metals and mining sector and noted that the global copper market appears tighter than many investors anticipate. Scotiabank believes projected medium-term supply growth may be insufficient to fully balance market demand, creating a supportive backdrop for copper pricing over time.

Southern Copper Corporation (NYSE:SCCO) was founded in 1952 and is headquartered in Phoenix, Arizona. The company mines, smelts, and refines copper, molybdenum, and other critical minerals. It is involved in EV charging infrastructure by supplying the raw copper essential for manufacturing electric motors, vehicle batteries, and charging station cables.

3. Wallbox N.V. (NYSE:WBX)

Short Percentage of Shares Outstanding: 0.82% 

On June 11, Wallbox N.V. (NYSE:WBX) received approximately €10.5 million through Canada’s clean fuel credit framework for 2025. The funds were generated from eligible electric vehicle charging activity conducted through Wallbox AC chargers installed across Canada and connected to the company’s digital platform. Under the program, EV charging sessions that contribute to reducing transportation-related emissions can generate credits tied to the displacement of fossil fuels. Wallbox stated that the proceeds will be reinvested in the Canadian market through incentives and initiatives aimed at accelerating EV adoption, strengthening the company’s presence in a region that continues to prioritize transportation electrification and clean energy solutions.

Earlier, on June 3, Wallbox N.V. (NYSE:WBX) announced the first real-world deployment of its Supernova PowerRing fast-charging system at Port de Sitges near Barcelona. The installation marks the inaugural operational deployment of the company’s intelligent charging architecture, which was introduced in late 2025. Designed to optimize power distribution among multiple charging units, the PowerRing platform enables operators to expand charging capacity more efficiently while maximizing existing grid resources. The deployment currently includes three Supernova chargers and is expected to support a shared dynamic capacity of up to 240 kilowatts once fully activated, showcasing the scalability of Wallbox’s next-generation charging infrastructure.

Founded in 2015 and headquartered in Barcelona, Spain, Wallbox N.V. (NYSE:WBX) is a global technology company specializing in electric vehicle charging and energy management solutions. The company develops hardware and software platforms for residential, commercial, and public charging applications and serves customers in more than 100 countries worldwide, helping expand access to EV infrastructure across diverse markets.

2. Orion Energy Systems, Inc. (NASDAQ:OESX)

Short Percentage of Shares Outstanding: 0.48% 

On June 8, Orion Energy Systems, Inc. (NASDAQ:OESX) announced the first customer deployment of its MPHL2 LED Lighting solution, a product specifically developed to address the needs of hyperscale data center operators. The customized lighting platform was created in collaboration with Orion’s channel partners and is designed to deliver meaningful energy efficiency improvements in data center environments. While the initial deployment covers a single facility, management indicated that the opportunity could expand significantly over the coming months and years as adoption increases. The launch represents another step in Orion’s strategy of targeting high-growth end markets where energy efficiency and operational performance remain critical priorities.

Earlier, on June 4, Orion Energy Systems, Inc. (NASDAQ:OESX) reported fourth-quarter revenue of $25.72 million, up from $20.9 million in the prior-year period. The company also delivered its sixth consecutive quarter of positive adjusted EBITDA, underscoring continued progress in its turnaround efforts. Chief Executive Officer Sally Washlow stated that the company’s results reflect the benefits of a strengthening sales pipeline, growing business from major customers, a resilient supply chain, and disciplined cost management. Management also expressed confidence that fiscal 2027 will further demonstrate Orion’s transition from a turnaround story into a sustainable growth company with improving profitability.

Founded in 1996 and headquartered in Manitowoc, Wisconsin, Orion Energy Systems, Inc. (NASDAQ:OESX) provides energy management solutions that include LED lighting systems, intelligent controls, and Internet of Things-enabled building technologies. The company also supports EV charging infrastructure through turnkey installation, deployment, and maintenance services for commercial, educational, and municipal customers across North America.

1. PG&E Corporation (NYSE:PCG)

Short Percentage of Shares Outstanding: 0.00% 

On June 4, PG&E Corporation (NYSE:PCG) announced that more than 1 million customers now have solar systems connected to its electric grid, marking a significant milestone in the company’s support of renewable energy adoption. Commenting on the achievement, Jason Glickman, Executive Vice President of Strategy and Growth, stated that PG&E has facilitated more solar adoption than any other utility in the United States and continues to support solar deployment across residential, commercial, and utility-scale applications.

On May 21, Morgan Stanley reduced its price target on PG&E Corporation (NYSE:PCG) to $22 from $23 while maintaining an Equal Weight rating on the stock. The adjustment was made as part of the firm’s broader update to valuation targets across North American regulated and diversified utilities as well as independent power producers, with the firm noting that utility stocks underperformed the broader S&P 500 during the month.

PG&E Corporation (NYSE:PCG) was founded in 1905 (with its holding company incorporated in 1995), headquartered in Oakland, California. It is an investor-owned utility delivering electricity and natural gas to millions in northern and central California. The company operates dedicated incentive programs that construct, own, and maintain electrical infrastructure for commercial fleet operators and public spaces.

PG&E’s achievement of connecting more than one million solar customers underscores its leadership position in renewable energy integration and highlights the growing scale of its electricity network. Despite a modest reduction in Morgan Stanley’s price target, the company’s continued expansion of clean energy infrastructure and strong utility franchise provide support for its long-term growth and stability.

While we acknowledge the potential of PCG as the best EV charging infrastructure stock, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PCG and that has 100x upside potential, check out our report about this cheapest AI stock.

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