2 Top Overlooked EV Stocks to Buy in 2026

By Daniel Miller – Feb 12, 2026 at 6:05PM ESTKey PointsThe global electric vehicle industry is growing and expected to thrive over the next 10 years.The battle for top EV maker will be fierce, but QuantumScape batteries could supply the industry.Many automakers rushed into full-electric vehicles, but Ferrari's measured approach may be most effective.These 10 Stocks Could Mint the Next Wave of Millionaires ›NASDAQ: QSQuantumScapeMarket Cap$4.6BToday's Changeangle-down(-0.45%) $0.04Current Price$7.73Price as of February 13, 2026 at 4:00 PM ETHere are two out-of-the-box ideas for savvy investors.The electric vehicle (EV) industry is a fascinating option for long-term investors. The global automotive industry is heading toward electrification, some regions faster than others, but it has created full-EV makers like Tesla and BYD. There are also other ways to play the coming growth, including solid-state battery company QuantumScape (QS 0.45%), and automakers taking a slower approach, such as supercar maker Ferrari (RACE 3.14%). Here's why these two overlooked EV stocks should be high on your list to research. ExpandNASDAQ: QSQuantumScapeToday's Change(-0.45%) $-0.04Current Price$7.73Key Data PointsMarket Cap$4.6BDay's Range$7.71 - $8.0752wk Range$3.40 - $19.07Volume12MAvg Vol16M No matter the winner Choosing which automaker is well positioned to thrive can be incredibly difficult, but regardless of which brand or automaker reigns supreme, QuantumScape can thrive. QuantumScape is far along in developing solid-state batteries that can improve recharge time, increase energy density for longer range, lower bill of materials for reduced costs, and improve safety with less flammable materials involved. QuantumScape is attempting to do what no company has done: Produce solid-state batteries at commercial volume. It could be the holy grail all automakers covet to improve the performance and cost of their vehicles. The good news is that QuantumScape has finally turned the corner from a research and development business to generating revenue, and is taking steps forward with its production process. More specifically, its newer Cobra process achieves a roughly 25x speedup in ceramic processing compared to its previous process, named Raptor. This is a huge step toward making gigawatt-hour (GWh) scale production possible. QuantumScape is a high-risk, high-reward type of investment and should be limited to small positions. Image source: QuantumScape. Hidden gem EV maker When investors think of Ferrari, they might imagine Formula 1 racing heritage that transfers technology to its street-ready supercars, or its intense exclusivity that helps drive pricing power. Investors likely don't imagine an EV maker, but that's increasingly the case, with Ferrari's hybrids accounting for 43% of third-quarter shipments. While many of the world's automakers are struggling with EV profitability, Ferrari's margins have only become more juicy in recent years. Better yet, as you can see in the graph below, despite Ferrari's rising margins and other positive developments, the automaker is trading at a rare discount per its price-to-earnings ratio. RACE PE Ratio data by YCharts. Ferrari plans to unveil its first full-electric vehicle later this year, and if it's as successful designing, producing, and selling full EVs as it is hybrids, it could quickly establish itself as an ultra-premium EV maker. ExpandNYSE: RACEFerrariToday's Change(-3.14%) $-12.28Current Price$378.93Key Data PointsMarket Cap$67BDay's Range$377.80 - $385.6352wk Range$328.00 - $519.10Volume45KAvg Vol739KGross Margin58.25%Dividend Yield0.89% Are Ferrari and QS buys? While both companies are positioned to thrive in certain circumstances as the world transitions to EVs, Ferrari is a far more stable investment compared to QuantumScape. Ferrari has established competitive advantages, pricing power, a durable brand moat, and profitability rarely, if ever, seen in the automotive industry. QuantumScape has immense upside with its solid-state battery development, and could make investors incredibly happy long-term, but the risk is equally high with competitors chasing the same technology. Ferrari is a top automotive stock for investors, but QuantumScape will likely remain highly volatile and should be limited to small positions. Research and invest accordingly.Read NextFeb 10, 2026 •By Leo SunPrediction: Buying QuantumScape (QS) Stock Today Could Set You Up for LifeFeb 8, 2026 •By James BrumleyIs This the Smartest Growth Stock to Buy to Start 2026?Feb 5, 2026 •By Rick OrfordIs QuantumScape Stock Too Risky Right Now?Feb 1, 2026 •By Daniel Miller2 Electric Vehicle Stocks That Could Make You Rich... SlowlyDec 22, 2025 •By Rick OrfordMassive News: QuantumScape Enters Real World Battery TrialsNov 25, 2025 •By James Brumley3 Things Every QuantumScape Investor Needs to KnowAbout the AuthorDaniel Miller is a contributing Motley Fool stock market analyst covering industrials and consumer goods, with a focus on automotive companies. He previously worked as a product manager in the automotive aftermarket industry. Miller holds a bachelor’s degree in business management from Emporia State University.TMFTwoCoinsStocks MentionedQuantumScapeNASDAQ: QS$7.73 (0.45%) $0.04FerrariNYSE: RACE$378.93 (3.14%) $12.28*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.