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U.S. Auto Industry Analysis

UpdatedMay 04, 2026
DataAggregated Company Financials
Companies47
  • 7D2.3%
  • 3M-7.4%
  • 1Y35.8%
  • YTD-10.7%

Over the last 7 days, the Auto industry has risen 2.3%, driven by gains from Tesla of 3.2%. This means that the industry has gained 36% over the past year. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

Has the U.S. Auto Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 May 2026US$1.7tUS$538.2b-US$9,592,890,429.4727.9x-173.2x3.1x
Wed, 01 Apr 2026US$1.6tUS$549.9b-US$10,823,575,947.9621.1x-147.1x2.9x
Fri, 27 Feb 2026US$1.8tUS$531.8b-US$11,362,649,732.3624.8x-156.6x3.3x
Sun, 25 Jan 2026US$1.7tUS$536.9bUS$5.2b21.4x328.7x3.2x
Tue, 23 Dec 2025US$1.8tUS$536.5bUS$5.2b19.9x349.5x3.4x
Thu, 20 Nov 2025US$1.5tUS$537.6bUS$5.4b16.1x285.1x2.9x
Sat, 18 Oct 2025US$1.6tUS$527.8bUS$5.7b17.5x283.9x3.1x
Mon, 15 Sep 2025US$1.5tUS$527.8bUS$5.7b18.4x264.7x2.9x
Wed, 13 Aug 2025US$1.3tUS$526.1bUS$5.7b17.9x226.1x2.4x
Fri, 11 Jul 2025US$1.1tUS$527.7bUS$8.6b16x132.5x2.2x
Sun, 08 Jun 2025US$1.1tUS$527.7bUS$8.4b8.4x134.2x2.1x
Tue, 06 May 2025US$1.1tUS$527.6bUS$8.4b14x127.5x2x
Thu, 03 Apr 2025US$1.1tUS$528.9bUS$9.4b20.8x114.9x2x
Sat, 01 Mar 2025US$1.2tUS$534.9bUS$11.5b18.9x104.8x2.2x
Mon, 27 Jan 2025US$1.6tUS$527.3bUS$17.3b17.3x90.1x3x
Wed, 25 Dec 2024US$1.7tUS$527.0bUS$17.1b17.5x102x3.3x
Fri, 22 Nov 2024US$1.4tUS$527.8bUS$17.2b19.2x78.8x2.6x
Sun, 20 Oct 2024US$969.0bUS$519.3bUS$17.0b17.6x57.1x1.9x
Tue, 17 Sep 2024US$979.8bUS$519.7bUS$17.5b13.2x56.1x1.9x
Thu, 15 Aug 2024US$901.0bUS$517.3bUS$16.6b13.1x54.3x1.7x
Sat, 13 Jul 2024US$1.1tUS$509.6bUS$17.4b19.2x60.9x2.1x
Mon, 10 Jun 2024US$812.7bUS$509.7bUS$17.4b15.1x46.7x1.6x
Wed, 08 May 2024US$820.9bUS$507.9bUS$17.2b17.1x47.7x1.6x
Fri, 05 Apr 2024US$809.1bUS$505.7bUS$18.4b18.9x44x1.6x
Sun, 03 Mar 2024US$920.3bUS$504.8bUS$18.0b17.6x51.1x1.8x
Tue, 30 Jan 2024US$825.2bUS$499.1bUS$18.0b16x45.7x1.7x
Thu, 28 Dec 2023US$1.1tUS$498.5bUS$13.8b17x80.5x2.2x
Sat, 25 Nov 2023US$1.0tUS$498.3bUS$13.9b11.9x72.5x2x
Mon, 23 Oct 2023US$916.1bUS$486.3bUS$11.3b12x80.9x1.9x
Wed, 20 Sep 2023US$1.1tUS$486.0bUS$13.0b10.6x86x2.3x
Fri, 18 Aug 2023US$992.8bUS$486.6bUS$13.7b10.6x72.4x2x
Sun, 16 Jul 2023US$1.2tUS$461.7bUS$11.0b10.2x108.9x2.6x
Tue, 13 Jun 2023US$1.1tUS$462.0bUS$11.1b8.7x95.2x2.3x
Thu, 11 May 2023US$774.4bUS$464.8bUS$11.3b6x68.4x1.7x
Price to Earnings Ratio

68.4x


Total Market Cap: US$774.4bTotal Earnings: US$11.3bTotal Revenue: US$464.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Auto Industry Price to Earnings3Y Average 109.4x202420252026
Current Industry PE
  • Investors are optimistic on the American Auto industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • Total earnings for the Auto industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 5.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Discretionary industry?

US Market0.91%
Consumer Discretionary0.69%
Auto2.31%
Motorcycle Manufacturers3.81%
Automobile Manufacturers2.31%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 37% over the next 5 years.
    • This is better than its past earnings decline of 52% per year.
    • In contrast, the Motorcycle Manufacturers industry is expected to see its earnings decline by 5.9% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		TSLA TeslaUS$390.823.2%
    +US$45.6b    		39.4%PE380.1x
    		LCID Lucid GroupUS$6.5410.3%
    +US$221.7m    		-72.3%PS1.8x
    		HOG Harley-DavidsonUS$24.486.6%
    +US$168.9m    		2.9%PE8.1x
    		VFS VinFast AutoUS$4.251.0%
    +US$93.6m    		21.8%PS2.9x
    		PSNY Polestar Automotive Holding UKUS$18.463.8%
    +US$75.8m    		-41.9%PS0.7x

    Latest News

    TSLA
    US$390.82
    Tesla
    7D
    3.2%
    1Y
    39.4%

    Tesla's Robotaxi Opportunity Is Dead In Light Of Waymo's Dominance

    May 04
    GM
    US$75.77
    General Motors
    7D
    -2.8%
    1Y
    67.0%
    XPEV
    US$15.83
    XPeng
    7D
    -4.4%
    1Y
    -20.6%
    RIVN
    US$15.02
    Rivian Automotive
    7D
    -10.2%
    1Y
    10.8%
    F
    US$11.88
    Ford Motor
    7D
    -4.9%
    1Y
    16.8%
    LI
    US$17.57
    Li Auto
    7D
    -2.1%
    1Y
    -30.4%

    LI: Future Performance Will Face Margin Pressure From Weaker Sectorwide Demand

    Li Auto's updated analyst price target moves modestly higher, with a fair value estimate shifting from about $14.05 to $14.99 as analysts factor in reduced revenue growth expectations, thinner profit margins, a slightly lower discount rate, and a higher assumed future P/E multiple, following a mix of recent downgrades, target cuts, and one upgrade. Analyst Commentary Recent research on Li Auto has tilted more cautious, with several bearish analysts flagging execution and profitability risks that they see as limiting near term upside relative to prior expectations.
    NIO
    US$5.91
    NIO
    7D
    -5.1%
    1Y
    48.5%

    NIO: Future P/E Expansion Will Be Constrained By Sector Headwinds

    Analyst price targets on NIO have been adjusted slightly, with updated fair value now implying a modest change in outlook. Analysts point to improved earnings visibility, stronger conviction in 2026 volume and margin trends, and support from new model launches, while also factoring in sector headwinds such as lower EV subsidies and rising costs.
    WKHS
    US$3.25
    Workhorse Group
    7D
    27.5%
    1Y
    n/a
    FFAI
    US$0.41
    Faraday Future Intelligent Electric
    7D
    14.2%
    1Y
    -63.4%
    LCID
    US$6.54
    Lucid Group
    7D
    10.3%
    1Y
    -72.3%

    LCID: Robotaxi Expansion And Production Ramp Will Support Future Upside Potential

    Lucid Group's updated analyst price target has shifted lower by about $3.90, as analysts factor in revised fair value estimates, more conservative revenue growth and profit margin assumptions, and a higher future P/E multiple following a series of recent target cuts alongside one new bullish initiation. Analyst Commentary Recent research on Lucid Group reflects a split view, with some analysts highlighting potential upside drivers and others focusing on execution and funding risks.
    HOG
    US$24.48
    Harley-Davidson
    7D
    6.6%
    1Y
    2.9%

    HOG: Brand Refresh And Buybacks Will Confront Ongoing Demand And Dealer Concerns

    The analyst price target for Harley-Davidson has been trimmed by less than $0.05, as analysts reflect weaker revenue growth assumptions alongside slightly firmer profit margin and lower future P/E expectations, following a series of reduced Street targets and new Underweight ratings that highlight demand concerns and business uncertainty. Analyst Commentary Recent Street research on Harley-Davidson clusters around concern for demand, dealer health and the longer term direction of the business, with several firms trimming price targets and leaning cautious on the shares.
    VFS
    US$4.25
    VinFast Auto
    7D
    1.0%
    1Y
    21.8%

    VFS: Expanding Global EV Lineup And Warranties Will Support Upside

    Analysts have kept their VinFast Auto price target effectively unchanged at $6.30, citing only very small tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E that do not materially alter their view of the stock’s valuation. What's in the News VF 8 Eco highlighted for design by Pininfarina, 256-mile range, spacious interior, and 15.6-inch central touchscreen with HUD, with an MSRP starting at US$39,900 and competitive leasing and financing policies including 0% APR for up to 84 months and retail bonus incentives (Key Developments) VF 9 three-row fully electric SUV positioned for family use, offering up to 402 horsepower, all-wheel drive, towing capacity of up to 3,968 lbs with braked trailer, cargo volume up to 926 litres, and an all-in starting price of C$77,308, supported by a 10-year/200,000-kilometre vehicle warranty and 10-year unlimited mileage battery warranty (Key Developments) Ownership support for VinFast vehicles outlined through the VinFast app that connects drivers to public charging stations across North America, 24/7 roadside assistance, and in-car services such as Sony RIDEVU for entertainment during longer waits (Key Developments) Company brand architecture clarified into three lines, with VF as the mass-market EV range, Lac Hong as the ultra-luxury marque with new Lac Hong 800S and 900S models, and Green as the commercial mobility brand, covering more than 15 electric vehicle models across segments (Key Developments) VinFast provided 2026 guidance, targeting global deliveries of 300,000 electric vehicles and 2026 two-wheeler deliveries at least 2.5 times 2025 levels, supported by new models and an expanding distribution network in Asian markets including Vietnam, Indonesia, India and the Philippines (Key Developments) Valuation Changes Fair Value: $6.30 remains unchanged, indicating no revision to the overall equity value estimate.
    LVWR
    US$1.78
    LiveWire Group
    7D
    -9.6%
    1Y
    33.8%
    PSNY
    US$18.46
    Polestar Automotive Holding UK
    7D
    3.8%
    1Y
    -41.9%

    PSNY: Higher Future P/E Will Support Upside Despite Softer Outlook

    Analysts have adjusted their price targets on Polestar Automotive Holding UK toward $22.50, reflecting updated expectations for slightly softer revenue growth, slimmer profit margins, and a higher assumed future P/E multiple following recent changes to delivery guidance, capital needs, and outlook. Analyst Commentary Recent research updates show a mix of optimism and concern around Polestar Automotive Holding UK, with opinions split on how the latest guidance and capital plans should affect valuation and risk.
    EZGO
    US$1.56
    EZGO Technologies
    7D
    14.7%
    1Y
    -84.4%
    THO
    US$78.18
    THOR Industries
    7D
    -0.6%
    1Y
    4.9%