10 Most Oversold EV Stocks to Buy According to Analysts

1. LiveWire Group, Inc. (NYSE:LVWR)

% Decline Over 1 Year: ~75.0%

Average Upside Potential: ~211.1%

Number of Hedge Fund Holders: 11

LiveWire Group, Inc. (NYSE:LVWR) is engaged in manufacturing electric motorcycles. In 2024, the company took numerous initiatives in a bid to navigate the market dynamics and turned challenges into opportunities to place the business for 2025. LiveWire Group, Inc. (NYSE:LVWR) expects to reduce its cash burn by 40% or more in 2025 as compared to 2024. It remains focused on establishing its leadership in the broader EV space. In FY 2024, the company reduced its consolidated selling, administrative, and engineering expenses by $12.6 million from the completion of the development work on the S2 platform, and initiatives adopted during the year around streamlining of headcount.

LiveWire Group, Inc. (NYSE:LVWR)’s consolidated net loss came in at $93.9 million for the year ended 2024 as compared to $109.6 million for the year ended 2023. The decrease of $15.7 million was due to a decline in selling, administrative, and engineering expenses (offset by the decline in revenue) and a rise in non-operating income of $14.8 million (offset by a decline of $4.8 million in interest income in comparison to the prior year). For FY 2025, LiveWire Group, Inc. (NYSE:LVWR) anticipates electric motorcycle sales of 1,000 – 1,500 revenue units and an operating loss of $70 million to $80 million.

While we acknowledge the potential of LVWR as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than LVWR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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