The electric vehicle transition is reshaping the auto industry and unlocking major opportunities for suppliers of batteries, charging systems, lightweight components, and advanced electronics.
These companies are now becoming central to the future of travel. Once seen as low-margin, they now benefit from structural growth in batteries, semiconductors, and lightweight materials. With strong analyst coverage and rising global demand, leading auto suppliers are being recognized as growth engines in their own right.
Here are 10 of the top EV suppliers riding the EV transition:
| Company Name (Ticker) | Analyst Upside | P/E Ratio |
| BorgWarner (BWA) | -0.4% | 9.08 |
| Sensata Technologies Holding plc (ST) | 14.2% | 9.64 |
| TE Connectivity plc (TEL) | 4.6% | 22.56 |
| Magna International (MG) | 3.9% | 8.53 |
| Aptiv PLC (APTV) | 4.8% | 10.83 |
| American Axle & Manufacturing Holdings (AXL) | 3.1% | 10.81 |
| DENSO (DNZO.Y) | -19% | – |
| Forvia SE (FRVIA) | 20.6% | 6.92 |
| Valeo SE (VLEE.Y) | 21.3% | 2.74 |
| Samsung SDI Co., Ltd. (A006400) | 9.5% | 47.77 |
Unlock our Free Report: 5 undervalued compounders with upside based on Wall Street’s growth estimates that could deliver market-beating returns (Sign up for TIKR, it’s free) >>>
Here are 3 of analysts’ top picks today:
BorgWarner (BWA)
BorgWarner has positioned itself as one of the clearest Tier-1 beneficiaries of the auto industry’s electrification pivot. Long recognized for its drivetrain expertise in combustion engines, the company has aggressively redirected its portfolio toward EV components, including electric motors, power electronics, inverters, and integrated drive modules. Management has laid out a clear strategy, increase EV-related revenue from just 6% in 2022 to nearly 50% by the end of the decade, signaling not just incremental growth, but a wholesale reshaping of its business mix.
What makes BorgWarner particularly compelling is its ability to leverage its existing OEM relationships while scaling up EV-specific technologies at global volume. The company’s “Charging Forward” strategy, reinforced by targeted acquisitions like Delphi Technologies and AKASOL, shows a disciplined approach to capturing high-margin electrification niches. With automakers racing to meet global emissions targets and consumer demand shifting rapidly toward battery-electric vehicles, BorgWarner sits at the epicenter of this transformation, offering investors a supplier that is both legacy-resilient and future-focused.
Value any stock in under 30 seconds with TIKR’s new Valuation Model (it’s free) >>>
TE Connectivity plc (TEL)
TE Connectivity represents one of the most under-appreciated yet indispensable enablers of the EV ecosystem. Its core business, high-voltage connectors, wiring systems, sensors, and safety components, is not just incremental to EVs; it is mission-critical. Every EV requires substantially more electrical content than its combustion counterpart, and TE is a direct beneficiary of this rising “content per vehicle” trend. For example, high-voltage connectors that ensure safe energy transfer within battery packs, and advanced thermal and safety systems for battery management, are areas where TE’s solutions are increasingly non-optional for automakers.
The company’s global footprint and longstanding Tier-1 relationships mean that its products are embedded in virtually every major EV platform under development. Importantly, TE’s revenues are not overly reliant on a single automaker or geography, giving it diversification across the global adoption curve. While investors often chase more visible names in the EV value chain, TE offers a steadier, infrastructure-like growth profile, one that compounds as EV penetration accelerates. In many ways, TE is the quintessential “picks and shovels” play on the electrification boom.
Find stocks that we like even better than TE Connectivity today with TIKR (It’s free) >>>
Aptiv PLC (APTV)
Aptiv has evolved from a traditional parts supplier into a cutting-edge mobility technology company, and its EV relevance is profound. Its specialty lies in advanced electrical architecture and software systems, which are increasingly central to EV design. Unlike combustion vehicles, EVs require far more sophisticated power distribution, connectivity, and computing integration, and Aptiv’s solutions, from wiring harnesses to high-voltage distribution units, enable automakers to simplify architectures while reducing weight and cost. The company is also deeply embedded in ADAS (advanced driver assistance systems) and autonomous driving solutions, which often develop in tandem with EV platforms.
What sets Aptiv apart is its dual role as both a hardware and software enabler. Its recent announcement to spin off its “Signal & Power Solutions” business underscores management’s recognition that the EV and autonomy wave requires focus and capital intensity. Aptiv’s existing partnerships with major OEMs from Tesla competitors to legacy giants, cement its role as a behind-the-scenes integrator of EV technologies. For investors, Aptiv offers exposure not just to electrification, but to the broader mobility re-architecture, making it one of the most strategically positioned auto suppliers for the next decade.
Value stocks like Aptiv quicker with TIKR >>>
Wall Street Analysts Are Bullish on These 5 Undervalued Compounders With Market-Beating Potential
TIKR just released a new free report on 5 compounders that appear undervalued, have beaten the market in the past, and could continue to outperform on a 1-5 year timeline based on analysts’ estimates.
Inside, you’ll get a breakdown of 5 high-quality businesses with:
- Strong revenue growth and durable competitive advantages
- Attractive valuations based on forward earnings and expected earnings growth
- Long-term upside potential backed by analyst forecasts and TIKR’s valuation models
These are the kinds of stocks that can deliver massive long-term returns, especially if you catch them while they’re still trading at a discount.
Whether you’re a long-term investor or just looking for great businesses trading below fair value, this report will help you zero in on high-upside opportunities.
Click here to sign up for TIKR and get our full report on 5 undervalued compounders completely free.
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!