5 Most Undervalued EV Stocks To Buy According To Analysts

3. Electrameccanica Vehicles Corp. (NASDAQ:SOLO)

Number of Q4 2023 Hedge Fund Shareholders: N/A

Average Share Price Upside: 280%

Average Share Price Target: $0.95

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) is a small Canadian electric vehicle company based out of Burnaby, British Colombia. It sells a single seat vehicle, and only Stifel and Roth MKM cover the shares, and both have rated them as Neutral. Stifel’s last coverage was a year back which cut the rating to Hold from Buy.

Electrameccanica Vehicles Corp. (NASDAQ:SOLO)’s largest hedge fund shareholder in our database is Israel Englander’s Millennium Management due to its $14,100 investment.

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