9 Best EV Charging Stocks to Buy Now

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1. Pioneer Power Solutions, Inc. (NASDAQ:PPSI)

Stock Upside Potential: 172.99%

Number of Hedge Fund Holders: 3

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) is one of the best EV charging stocks to buy now. On November 14, H.C. Wainwright reiterated a Buy rating on Pioneer Power Solutions, Inc. (NASDAQ:PPSI) and kept the price target on the stock unchanged at $12. According to the analysts, Pioneer Power Solutions (PPS) is likely to experience massive revenue jumps over the next decade, backed by steady demand in power solutions for EVs, fleets, and data centers. Other factors cited by the firm include smart moves like new product launches and global expansion plans that position PPS to grab more market share as energy needs grow.

The analysts pointed to early wins in vehicle charging, fleet setups, and distributed power sales, with the company keeping its 2025 revenue goal steady at $27 million to $29 million despite market ups and downs. They also stated that they value the push into a new natural gas-fired power system for data centers, set to launch by year-end, and plans to franchise the e-Boost charging tech overseas for quicker international reach.

In a different update, PPS reported its Q3 2025 financial results on November 13, where it stated that the quarter’s diluted EPS came in at -$0.21. This figure is $0.12 below projections. The deeper loss arose from an unfavorable sales mix impacting margins and higher operating costs tied to product deliveries, as noted by management. Revenues were also a miss – total revenues came in at $6.9 million against the expected $6.99 million. But this was a 7.4% year-over-year growth, which management said came on the back of elevated service sales in the Critical Power Solutions segment.

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) is a provider of electrical power systems and distributed energy solutions. It designs, manufactures, and deploys mobile EV charging units, backup power systems, and custom electrical distribution equipment for commercial and industrial customers. The company’s primary facilities include its E-Boost line of mobile EV charging trailers, which deliver fast charging without requiring permanent infrastructure or grid connections.

While we acknowledge the potential of Pioneer Power Solutions, Inc. (NASDAQ:PPSI) as an investment, 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 PPSI and that has 100x upside potential, check out our report about the cheapest AI stock.

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