Top 3 Picks
2026 Outlook
The Electrical Equipment sector is poised for robust growth through 2026, fueled by trends such as the expansion of renewable energy installations and advancements in energy storage solutions to support intermittent power sources. Government policies, including subsidies for clean tech and EV infrastructure, are expected to drive sector revenues higher, potentially reaching double-digit annual growth rates. However, challenges like raw material shortages and regulatory hurdles could temper this outlook, emphasizing the need for selective investments.
Complete Rankings
| Rank | Stock | Score | Price | Market Cap |
|---|---|---|---|---|
|
1
|
Advent Technologies Holdings, Inc. Warrant
|
59.5 | -- | -- |
|
2
|
EnerSys, Inc.
|
59.1 | $150.73 | $4.3B |
|
3
|
Energy Vault Holdings, Inc.
|
58.9 | $4.89 | $520M |
|
4
|
Sunrun Inc
|
58.0 | $19.44 | $4.2B |
|
5
|
Fluence Energy, Inc. Class A Common Stock
|
56.1 | $23.01 | $1.8B |
|
6
|
Energizer Holdings, Inc
|
55.2 | $19.93 | $1.7B |
|
7
|
Spectrum Brands Holdings, Inc.
|
55.2 | $60.04 | $1.3B |
|
8
|
Polar Power, Inc. Common Stock
|
55.1 | $1.79 | $9M |
|
9
|
Dragonfly Energy Holdings Corp. Common Stock (NV)
|
54.9 | $3.87 | $37M |
|
10
|
Microvast Holdings, Inc. Common Stock
|
54.8 | $2.82 | $1.4B |
|
11
|
QuantumScape Corporation
|
54.8 | $11.06 | $8.3B |
|
12
|
SES AI Corporation
|
54.4 | $1.92 | $649M |
|
13
|
Ultralife Corporation
|
54.4 | $5.65 | $114M |
|
14
|
Solidion Technology, Inc. Common Stock
|
53.1 | $8.06 | $13M |
|
15
|
Amprius Technologies, Inc.
|
52.8 | $8.74 | $1.5B |
In-Depth Analysis: Top Electrical Equipment Stocks
ADNWW
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space, including liquid hydrogen carriers such as methanol. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue …
Advent Technologies Holdings Inc. matters in the Electrical Equipment sector due to its leadership in fuel cell and hydrogen technologies, which are essential for advancing sustainable energy solutions amid global decarbonization efforts. By developing and manufacturing critical components for fuel cell systems, including methanol-based liquid hydrogen carriers, the company addresses key performance challenges in emerging clean energy applications.
Limited financial data for Advent Technologies indicates uncertainty in profitability, with a Tradestie Score of 59.5/100 suggesting moderate financial health and potential risks in the competitive sector. This score reflects average operational efficiency, implying that while the company may achieve growth, it could struggle with cost management and revenue stability in the near term.
Investors should consider buying ADNWW in 2026 as the global hydrogen fuel cell market is forecasted to expand to over $20 billion by that year, driven by increasing adoption in electric vehicles and renewable energy, where Advent's methanol technology offers a competitive edge. The company's innovation in high-performance fuel cell components positions it for potential partnerships with major automakers and energy firms, likely boosting revenue and stock value. Furthermore, regulatory incentives for green technologies could accelerate Advent's market penetration, making it a promising play in the Electrical Equipment sector.
ENS
EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosure solutions to customers. Energy Systems that combine enclosures, power conversion, power distribution, and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and …
EnerSys matters in the Electrical Equipment sector as a leading provider of stored energy solutions, including motive power batteries and energy systems, which are critical for industrial applications, telecommunications, and renewable energy integration. Its diverse product portfolio, encompassing battery chargers and outdoor equipment enclosures, positions the company to address the growing demand for reliable and sustainable power solutions amid the global shift towards electrification.
EnerSys exhibits strong financial health with a 9.0% profit margin, indicating efficient cost management in a competitive sector, and an 18.2% ROE that reflects effective use of equity to generate returns. The company's 7.7% revenue growth further underscores its ability to expand operations while maintaining a P/E ratio of 17.4, suggesting the stock is reasonably priced relative to its earnings.
EnerSys is poised for growth by 2026, driven by its 7.7% revenue growth and the increasing adoption of industrial energy solutions in renewable and electric vehicle sectors. The company's robust 18.2% ROE highlights its potential for superior shareholder returns, making it an appealing option for investors targeting the Electrical Equipment market. At a P/E ratio of 17.4, the stock offers a balanced valuation for those seeking exposure to the expanding demand for stored energy technologies.
NRGV
Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.
Energy Vault Holdings Inc. matters in the Electrical Equipment sector by providing essential grid-scale energy storage solutions that address the intermittency of renewable sources like solar and wind, thereby accelerating the global transition to sustainable energy. Its geographical presence in key markets such as the United States and China positions the company to influence energy reliability and support decarbonization efforts worldwide.
Energy Vault's profitability is deeply concerning, with a profit margin of -172.6% and a return on equity of -111.5%, indicating substantial operational losses and inefficient capital utilization that highlight financial instability. However, the company's revenue growth of 2678.9% demonstrates rapid expansion potential, though the Tradestie Score of 58.9/100 suggests only moderate investment viability pending improvements in cost management.
By 2026, NRGV's explosive revenue growth of 2678.9% underscores its potential to capitalize on the surging demand for energy storage amid global renewable energy adoption, potentially leading to economies of scale and improved margins. The company's strategic foothold in high-growth regions like the United States and China could drive market penetration and benefit from supportive policies, such as incentives for clean energy infrastructure. Furthermore, as energy storage technology advances, Energy Vault is poised to gain from projected increases in grid modernization investments, making it an attractive option for investors seeking exposure to the evolving Electrical Equipment sector.
RUN
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year …
Sunrun matters in the Electrical Equipment sector as a key player in residential solar energy, facilitating the U.S. transition to renewables by installing and maintaining systems that reduce carbon emissions and energy costs. Its 34.9% revenue growth underscores its role in expanding solar adoption amid rising demand for sustainable electrical solutions.
Sunrun's profitability is severely strained, with a -106.5% profit margin indicating substantial losses relative to revenue, and a -72.5% ROE reflecting inefficient use of shareholders' equity. Despite this, the company's 34.9% revenue growth suggests potential for future financial improvement if operational efficiencies are achieved.
Sunrun's 34.9% revenue growth highlights its strong market position in residential solar, positioning it to capitalize on projected U.S. clean energy demand growth by 2026, driven by policy incentives and technological advancements. The Tradestie Score of 58.0/100 indicates moderate investment potential, which could improve as the company scales operations and reduces costs. Additionally, as solar adoption accelerates, Sunrun is likely to achieve profitability through economies of scale, making it an attractive buy for long-term gains in the evolving Electrical Equipment sector.
FLNC
Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.
Fluence Energy matters in the Electrical Equipment sector as a leader in energy storage solutions that facilitate the global shift to clean energy, providing essential products and digital applications that enhance grid stability and renewable integration. With a majority of revenue derived from the Americas, the company plays a pivotal role in addressing regional demands for sustainable energy infrastructure amid increasing electrification trends.
Fluence Energy's profitability is currently strained, evidenced by a negative profit margin of -2.1% and a return on equity of -11.8%, indicating challenges in generating profits and utilizing shareholders' equity effectively. Despite a revenue decline of -15.2%, which reflects short-term financial pressures possibly due to market volatility or high R&D investments, the company's focus on high-growth areas like energy storage could signal potential for future stability.
By 2026, investors should consider Fluence Energy due to the accelerating global demand for energy storage solutions driven by clean energy policies, positioning the company to capitalize on its market-leading products and services in a sector projected to grow significantly. The Tradestie Score of 56.1/100 suggests moderate potential, and with revenue challenges potentially reversing as renewable adoption surges, Fluence could achieve profitability through expanding operations in the Americas and beyond. Additionally, as governments worldwide invest in grid modernization, Fluence's expertise in digital applications for renewables may drive substantial stock appreciation.
ENR
Energizer Holdings Inc makes and distributes household batteries, specialty batteries, and lighting products. Energizer offers batteries using lithium, alkaline, carbon-zinc, nickel-metal hydride, zinc-air, and silver oxide technologies. These products are sold under the Energizer, Rayovac, Varta and Eveready brands at performance and premium price segments. It also offers auto care products in the appearance, fragrance, performance, and air conditioning recharge …
Energizer Holdings Inc is a pivotal player in the Electrical Equipment sector, specializing in essential battery and lighting products that power everyday devices and industrial applications across lithium, alkaline, and other technologies. Its diverse brands, including Energizer, Rayovac, and Varta, ensure widespread market penetration and reliable energy solutions, making it a key contributor to the sector's growth in consumer and professional segments.
Energizer's 8.1% profit margin reflects moderate efficiency in converting revenue to profit, supported by a robust 156.4% ROE that demonstrates exceptional returns on shareholder equity through effective capital utilization. Despite a modest 3.4% revenue growth, the low P/E ratio of 6.0 indicates potential undervaluation, signaling strong financial health for sustained operations in a competitive market.
Energizer's low P/E ratio of 6.0 suggests the stock is undervalued, offering substantial upside potential by 2026 as demand for batteries surges with the rise of electric vehicles and renewable energy storage. The company's impressive 156.4% ROE highlights efficient profit generation, which, combined with steady 3.4% revenue growth, positions it for market share expansion in the Electrical Equipment sector. Investors should consider buying Energizer stock due to its established brands and adaptability to technological advancements, potentially driving higher returns amid global electrification trends by 2026.
SPB
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the …
Spectrum Brands Holdings Inc. matters in the Electrical Equipment sector as a leading supplier of consumer batteries, which are critical for powering everyday devices and contribute to the sector's growth in household electronics. Its diversified portfolio, including residential locksets and hardware, positions it as a key player in integrating electrical components with home essentials, enhancing consumer accessibility and security solutions.
Spectrum Brands exhibits moderate profitability with a 3.6% profit margin and 5.0% ROE, indicating efficient use of equity but slim margins that could be vulnerable to market fluctuations. The -5.2% revenue growth highlights recent challenges in top-line expansion, while a P/E ratio of 15.4 suggests the stock is fairly valued relative to earnings, reflecting stable financial health amid sector pressures.
By 2026, Spectrum Brands is poised for recovery as consumer spending on home essentials and batteries rebounds, potentially offsetting the recent -5.2% revenue decline through innovation in products like smart locks and grooming tools. The company's established market presence and a P/E ratio of 15.4 offer an attractive entry point for investors seeking undervalued opportunities in the Electrical Equipment sector. Furthermore, with a Tradestie Score of 55.2, indicating moderate potential, the firm could capitalize on emerging trends in sustainable energy products to drive long-term growth.
POLA
Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling systems for applications in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine, and industrial. The company's products include DC generators, backup DC generators, hybrid power systems, Li-Ion battery systems, Marine DC generators, and others. The …
Polar Power Inc. matters in the Electrical Equipment sector due to its specialized expertise in designing and manufacturing DC power generators, renewable energy, and cooling systems, which are essential for telecommunications, military, and emerging electric vehicle markets. This focus positions the company to address growing demands for reliable, off-grid power solutions amid the global shift toward sustainable energy.
Polar Power's profitability is severely challenged, with a profit margin of -38.2% and ROE of -49.3%, indicating significant operational losses and poor returns on shareholder equity that highlight financial instability. Additionally, a revenue growth of -41.9% reflects declining sales, likely due to market competition or sector-specific headwinds, underscoring the need for strategic improvements.
By 2026, investors should consider POLA due to the anticipated surge in demand for renewable energy and electric vehicle infrastructure, where Polar Power's products could see increased adoption, potentially reversing the current -41.9% revenue decline. The Tradestie Score of 55.1 suggests moderate upside potential, and with global policies favoring green technologies, the company's military and industrial applications may provide diversified revenue growth. Furthermore, cost optimizations and market expansions could enhance profitability, making the stock an opportunistic buy in a recovering sector.
DFLI
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development. The company's deep cycle lithium iron phosphate ("LFP") batteries provide numerous advantages …
Dragonfly Energy Holdings Corp. matters in the Electrical Equipment sector as a pioneer in non-toxic deep cycle lithium-ion batteries that replace lead acid options in key markets like RV, marine, solar, and off-grid applications, addressing the growing demand for sustainable energy storage. Its disruptive solid-state technology positions the company to capitalize on the global shift toward cleaner and more efficient battery solutions, potentially reshaping industry standards.
Dragonfly Energy's profitability is weak, evidenced by a -60.1% profit margin and a -1460.5% ROE, indicating substantial losses and poor equity utilization that highlight financial strain. However, the company's 25.5% revenue growth demonstrates expanding sales, which could pave the way for improved profitability if operational efficiencies are achieved.
With a 25.5% revenue growth rate, Dragonfly Energy is well-positioned to benefit from increasing demand for lithium-ion batteries in renewable energy and off-grid sectors by 2026, potentially driving market share gains. The company's innovative solid-state technology could disrupt traditional battery markets, leading to higher adoption rates as global sustainability efforts intensify. Additionally, a Tradestie Score of 54.9 suggests moderate upside potential, making it an intriguing option for investors targeting growth in the evolving Electrical Equipment sector.
MVST
Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. It is renowned for its cutting-edge cell technology and its vertical integration capabilities which extends from core battery chemistry to battery packs.
Microvast Holdings Inc. matters in the Electrical Equipment sector as a key innovator in lithium-ion battery solutions, essential for the rapid expansion of electric vehicles and energy storage systems. Its vertical integration from core battery chemistry to complete packs enables efficient, scalable production, positioning the company as a vital player in advancing sustainable energy technologies.
Microvast's profitability is currently strained, with a negative profit margin of -28.8% and a negative ROE of -30.3%, indicating operational losses and poor returns on shareholder equity despite a revenue growth of 21.6%. This suggests that while the company is expanding its top line, it must address cost inefficiencies to improve overall financial health and achieve profitability.
Microvast's 21.6% revenue growth highlights strong demand for its lithium-ion batteries, driven by the global shift toward electric vehicles, making it a compelling investment opportunity by 2026 as market adoption accelerates. The company's advanced cell technology and vertical integration could enable it to capture greater market share and benefit from economies of scale, potentially turning its negative profitability into positive margins. Additionally, with a Tradestie Score of 54.8, the stock offers moderate upside for investors betting on the battery sector's long-term expansion amid increasing regulatory support for clean energy.
Methodology
Stocks are ranked using the Tradestie Score, a proprietary 0-100 rating that combines fundamental quality (profitability, balance sheet strength), growth metrics (revenue and earnings growth), valuation (P/E, PEG ratio), and momentum factors. Scores are updated daily based on the latest market data. Learn more about our methodology.