5 Best Small Cap EV Stocks to Buy Right Now

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1. Gentherm Incorporated (NASDAQ:THRM)

On April 23, 2026, Gentherm Incorporated (NASDAQ:THRM) reported Q1 adjusted EPS of 84c, above the 51c consensus, and revenue of $393.7M compared to the $362.23M consensus. Bill Presley said the team “executed well in Q1,” pointing to improved performance driven by stronger volumes and progress in building a more robust operating system. Bill Presley also said the quarter marked a “strategic inflection point” following the announced combination with Modine Performance Technologies, highlighting an expanded product portfolio, broader end market exposure, and value creation opportunities, while acknowledging potential near-term volatility.

Gentherm Incorporated (NASDAQ:THRM) maintained its 2026 outlook, guiding revenue of $1.5B to $1.6B versus a $1.54B consensus and adjusted EBITDA of $175M to $195M.

On April 14, 2026, Stifel lowered its price target on Gentherm Incorporated (NASDAQ:THRM) to $37 from $41 and maintained a Buy rating on the shares, saying Q1 earnings season is expected to “provide few surprises or guidance changes to act as catalysts” across its flow control and multi-industry coverage.

Gentherm Incorporated (NASDAQ:THRM) develops and sells thermal management and pneumatic comfort technologies across global markets.

While we acknowledge the potential of THRM to grow, 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 THRM and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Beginner Stocks to Buy Right Now and 10 Fastest-Growing Financial Stocks to Invest In

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