5 Most Undervalued EV Stocks To Buy According To Analysts

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In this piece, we will take a look at the five most undervalued EV stocks to buy according to analysts. If you want to learn more about the recent trends in the EV industry, then read 13 Most Undervalued EV Stocks To Buy According To Analysts.

5. Niu Technologies (NASDAQ:NIU)

Number of Q4 2023 Hedge Fund Shareholders: 6

Average Share Price Upside: 164%

Average Share Price Target: $4.73

Niu Technologies (NASDAQ:NIU) is the third scooter company on our list of the most undervalued EV stocks. The struggling Chinese economy hasn’t boded well for the firm as it has missed analyst EPS estimates in three out of its four latest quarters.

As of Q4 2023 end, six out of the 933 hedge funds profiled by Insider Monkey had invested in the firm. Niu Technologies (NASDAQ:NIU)’s biggest investor among these is Douglas Harold Hart Polunin’s Polunin Capital due to its $2.4 million stake.

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