Shares of Li Auto Inc. Sponsored ADR (NASDAQ:LI – Get Free Report) have received a consensus recommendation of “Reduce” from the sixteen brokerages that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $17.30.
A number of research firms have recently commented on LI. Zacks Research downgraded Li Auto from a “hold” rating to a “strong sell” rating in a report on Thursday, May 28th. HSBC lowered their price target on Li Auto from $17.20 to $15.60 and set a “hold” rating for the company in a report on Wednesday. Bank of America reiterated a “neutral” rating and issued a $18.00 price target on shares of Li Auto in a report on Thursday, May 28th. The Goldman Sachs Group downgraded Li Auto from a “buy” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Tuesday, March 17th. Finally, Barclays lowered their price target on Li Auto from $18.00 to $14.00 and set an “equal weight” rating for the company in a report on Friday, May 29th.
Read Our Latest Analysis on Li Auto
Institutional Trading of Li Auto
Li Auto Stock Performance
NASDAQ LI opened at $14.30 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $17.13 and its two-hundred day moving average is $17.32. Li Auto has a 12-month low of $13.36 and a 12-month high of $32.03. The stock has a market capitalization of $15.27 billion, a price-to-earnings ratio of -51.07 and a beta of 0.57.
Li Auto (NASDAQ:LI – Get Free Report) last posted its earnings results on Friday, May 15th. The company reported ($0.15) earnings per share (EPS) for the quarter. Li Auto had a negative net margin of 1.72% and a negative return on equity of 2.58%. The company had revenue of $3.33 billion during the quarter. Research analysts expect that Li Auto will post -0.07 EPS for the current year.
About Li Auto
Li Auto Inc is a Chinese automotive company that develops, manufactures and sells smart electric vehicles, with an early focus on range-extended electric SUVs designed for family use. The company is headquartered in China and serves the domestic market through a combination of online channels and a network of retail/showroom locations. Li Auto was founded to address range-anxiety in electric vehicle buyers by integrating a small internal-combustion engine as a range extender alongside a large battery, enabling longer driving range while retaining electric driving characteristics.
The company’s product lineup centers on multi‑occupant SUVs that combine electric propulsion, advanced in‑vehicle connectivity and driver‑assistance features.
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