The stock prices of major U.S. listed EV players including Li Auto (NASDAQ: LI) and Xpeng (NYSE: XPEV) declined sharply on Wednesday. The sell-off was likely driven by China’s top economic planning body’s decision to investigate the investments and land use of Evergrande Auto which is seen as a key player in the Chinese EV market.
Why did Li auto and Xpeng’s stock drop?
Jul 27, 2021 · Shares of three prominent Chinese electric vehicle makers -- Nio ( NIO -3.52% ), XPeng Motors ( XPEV -1.56% ), and Li Auto ( LI -1.01% ) -- …
Is Li auto stock a buy or sell after strong earnings?
Mar 11, 2022 · As of 3:05 p.m. ET, Alibaba shares had shed 5.7% of their worth, Baidu stock had fallen 10.5%, and Li Auto was leading the whole Chinese tech space lower with a 15.2% loss. Image source: Getty Images.
How did Li Auto’s January deliveries compare with December?
Mar 02, 2021 · However, Li’s stock is down by about 11% since its earnings release on Thursday. While this was partly due to the broader sell-off in tech and growth stocks due to rising bond yields, Li’s guidance...
Will Nio’s revenues surpass Li auto and Xpeng this year?
Feb 25, 2021 · So what. Li Auto grew its vehicle sales by 65% year over year in Q4, moving $622 million worth of metal, and its total sales of $635.5 million were …
Is Li Auto stock a good buy?
The consensus among Wall Street research analysts is that investors should "buy" Li Auto stock. View analyst ratings for Li Auto or view top-rated stocks.
Will Li Auto stock go up?
Stock Price Forecast The 25 analysts offering 12-month price forecasts for Li Auto Inc have a median target of 39.95, with a high estimate of 53.52 and a low estimate of 19.11. The median estimate represents a +55.15% increase from the last price of 25.75.
Which is better Li Auto or NIO?
We can see both NIO and Li Auto are expected to grow at a stellar pace. While NIO stock is valued at a forward price to 2022 sales multiple of 4.1x, the ratio for Li Auto is also similar at 4.2x. However, I believe Li Auto is currently a better investment, given its higher gross margins and narrower losses.Feb 10, 2022
What will Li auto stock be worth in 5 years?
On average, Wall Street analysts predict that LI AUTO's share price could reach $42.80 by Apr 5, 2023. The average LI AUTO stock price prediction forecasts a potential upside of 65.51% from the current LI share price of $25.86.
What is the target price for Li Auto?
Stock Price TargetsHigh$340.95Median$252.56Low$121.72Average$236.62Current Price$26.39
Which Chinese electric car company is the best?
BYDBYD ( BYDDY -0.08% ) controls the highest share, 18%, of China's EV market. The company derives more than half of its revenue from auto and related products. In November, BYD delivered 97,242 vehicles. Of that, 90,121 units were EVs, including plug-in hybrids.Dec 11, 2021
Will NIO be successful?
Nio does not provide a long-term expected growth target, but Nio should be in a good position five years from now, even if the growth rate falls a bit from its historical levels. Wall Street analysts expect the company's sales to grow to $13.6 billion in 2024, up from $2.3 billion in 2020.Oct 23, 2021
Will NIO make a profit?
According to the 25 industry analysts covering NIO, the consensus is that breakeven is near. They expect the company to post a final loss in 2022, before turning a profit of CN¥1.4b in 2023. The company is therefore projected to breakeven just over a year from today.Mar 15, 2022
The company reported strong November sales, but a share offering has investors selling anyway
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
What happened
Even after reporting strong November sales data, Li Auto ( NASDAQ:LI) saw its shares drop more than 10% today before recovering some. The stock was down about 4%, as of 10 a.m. EST Wednesday.
So what
Li Auto announced it is selling 47 million American depositary shares to raise funds to grow its business through research and development.
Now what
Today's announcements are good news for Li investors as a whole. The company reported record November deliveries of 4,646 of its Li One SUV, and produced more than 5,000 for the first time. Deliveries represented growth of 26% just over the previous month.
What is a Li auto?
Li Auto (NASDAQ: LI), a company that sells EVs that also have a small gasoline engine – said that it delivered 3,692 of its Li ONE SUVs in October, marking a month-over-month increase of about 5%. The company began production only late last year.
What is the market cap of Nio?
Nio’s Market Cap stood at about $37 billion as of October 28, 2020, with its stock price rising by about 7x year-to-date due to surging investor interest in EV stocks. Li Auto and Xpeng, which were both listed in the U.S. around August as they looked to capitalize on surging valuations, have a market cap of about $15 billion and $14 billion, respectively. On a relative basis, Nio trades at about 15x projected 2020 Revenues, Li Auto trades at about 12x, while Xpeng trades at about 20x.
How much is Nio's revenue?
Over 2019, Nio’s Revenues stood at $1.1 billion, compared to about $40 million for Li Auto and $330 million for Xpeng. Nio’s Revenues are likely to grow 95% this year, while Xpeng’s Revenues are likely to grow by about 120%.
What is the Nio SUV?
Nio, which was founded in 2014, currently offers three premium electric SUVs, ES8, ES6, and EC6, which are priced starting at about $50k. The company is working on developing self-driving technology and also offers other unique innovations such as Battery as a Service (BaaS) – which allows customers to subscribe for car batteries, rather than paying for them upfront. While the company has scaled up production, it hasn’t come without challenges, as it recalled about 5,000 vehicles last year after reports of multiple fires.
Is Tesla a Chinese company?
While Tesla is a leader in the Chinese luxury EV market driven by production at its new Shanghai facility, Nio, Xpeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) – three relatively young U.S. listed Chinese electric vehicle players, have also been gaining traction.
What is the Xpeng G3?
Xpeng produces and sells premium electric vehicles including the G3 SUV and the P7 four-door sedan, which are roughly positioned as rivals to Tesla’s Model Y SUV and Model 3 sedan, although they are more affordable, with the basic version of the G3 starting at about $22,000 post subsidies.
What is the margin of Xpeng vs Nio?
Nio’s Net Margins stood at -195% in 2019, Li Auto’s margins stood at about -860% while Xpeng’s margins stood at -160%. However, margins are likely to improve sharply in 2020, as volumes pick up. LI Revenue.
All the news was good -- but the problem may be with the electric vehicle maker's own sticker price
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Shares of Chinese electric vehicle (EV) manufacturer Li Auto ( NASDAQ:LI) went on a tear last year, nearly tripling in price between July and November -- but it has been all downhill since. On Thursday, the slide continued in the wake of the company's fourth-quarter earnings report. Its shares closed the trading session down by 9.8%.
So what
Li Auto grew its vehicle sales by 65% year over year in Q4, moving $622 million worth of metal, and its total sales of $635.5 million were up by a similar 65%. Problem was, the company earned slimmer gross margins on those sales, down 230 basis points sequentially to 17.5%.
Now what
Li Auto predicts that in the first quarter of 2021, it will deliver between 10,500 and 11,500 vehicles -- close to a 300% increase over its Q1 2020 performance. Revenue growth should be similar -- somewhere between $450 million and $494 million equating to as much as 279% growth.
These EV stocks are easing back for several reasons after strong rallies
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
What happened
Shares of some electric-vehicle (EV) stocks are taking a breather today after sharp rallies in recent weeks. Shares of Chinese automaker Li Auto ( NASDAQ:LI) are down 6% as of 11:45 a.m. EST. Shares of EV charging station suppliers Blink Charging ( NASDAQ:BLNK) and Switchback Energy Acquisition ( NYSE:SBE) are dropping 8% and 3%, respectively.
So what
Recent investor excitement about EV companies was primed when several Chinese manufacturers reported October sales figures. In its full third quarter, Li Auto said it delivered 8,660 vehicles -- triple the number from its 2020 first quarter.
Now what
Citron's blasting of Blink Charging could actually be seen as a positive for Switchback Energy. Once the special purpose acquisition company (SPAC) merges with ChargePoint, the new company will be the leader in North American EV charging, with plans to expand its footprint in Europe.
Li Auto Deliveries Dipped in January. Its Stock Is Falling
Vehicle deliveries for Chinese electric-vehicle maker Li Auto dipped in January compared with December. The stock was down in Tuesday trading.
More Lithium Is Needed To Enable EV Revolution
Electric vehicles are selling well. And auto makers are planning to make a lot more of them in coming years –poring billions of dollars into product development, manufacturing capacity and battery plants. Those trends mean more lithium for making batteries powering all the EVs — a lot more.
How much did Xpeng raise?
(Bloomberg) -- Electric-vehicle maker Xpeng Inc. has raised about HK$14 billion ($1.8 billion) in its Hong Kong listing, becoming the first Chinese EV producer to finish a so-called homecoming share sale.The U.S.-listed firm sold 85 million shares at HK$165 each, according to an exchange filing on Wednesday, confirming an earlier Bloomberg News report. The offer price represents a discount of about 4.1% to its closing price of $44.32 on Tuesday on the New York Stock Exchange.Xpeng had set a maxi
Who is being mobbed?
(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Li manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next th
Is electric vehicle stock growing?
The shift from gasoline to battery-powered cars is now a fast-growing trend in the auto sector. Because of that, traditional automakers are moving aggressively towards electrification while fresh-on-the-scene electric vehicle (EV) companies work on innovative new technologies. So, EVs have received widespread support. Still, they continue to have their challeng
What is a Li auto?
Li Auto (NASDAQ: LI), a company that sells EVs that also have a small gasoline engine – said that it delivered 3,692 of its Li ONE SUVs in October, marking a month-over-month increase of about 5%. The company began production only late last year. MORE FOR YOU.
What is the market cap of Nio?
Nio’s Market Cap stood at about $37 billion as of October 28, 2020, with its stock price rising by about 7x year-to-date due to surging investor interest in EV stocks. Li Auto and Xpeng, which were both listed in the U.S. around August as they looked to capitalize on surging valuations, have a market cap of about $15 billion and $14 billion, respectively. On a relative basis, Nio trades at about 15x projected 2020 Revenues, Li Auto trades at about 12x, while Xpeng trades at about 20x.
How much is Nio's revenue?
Over 2019, Nio’s Revenues stood at $1.1 billion, compared to about $40 million for Li Auto and $330 million for Xpeng. Nio’s Revenues are likely to grow 95% this year, while Xpeng’s Revenues are likely to grow by about 120%.
What is the demand for electric cars in China?
Demand for EVs in China is likely to remain robust as the Chinese government wants about 25% of all new cars sold in the country to be electric by 2025, up from roughly 5% at present. [2] While Tesla TSLA -2.3% is a leader in the Chinese luxury EV market driven by production at its new Shanghai facility, Nio (NYSE:NIO), Xpeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) – three relatively young U.S. listed Chinese electric vehicle players, have also been gaining traction. In our analysis Nio, Xpeng & Li Auto: How Do Chinese EV Stocks Compare? we compare the financial performance and valuation of the major U.S. listed Chinese electric vehicle players. Parts of the analysis are summarized below.
What is the Nio SUV?
Nio, which was founded in 2014, currently offers three premium electric SUVs, ES8, ES6, and EC6, which are priced starting at about $50k. The company is working on developing self-driving technology and also offers other unique innovations such as Battery as a Service (BaaS) – which allows customers to subscribe for car batteries, rather than paying for them upfront. While the company has scaled up production, it hasn’t come without challenges, as it recalled about 5,000 vehicles last year after reports of multiple fires.
What is the Xpeng G3?
Xpeng produces and sells premium electric vehicles including the G3 SUV and the P7 four-door sedan, which are roughly positioned as rivals to Tesla’s Model Y SUV and Model 3 sedan, although they are more affordable, with the basic version of the G3 starting at about $22,000 post subsidies.
What is the margin of Xpeng vs Nio?
Nio’s Net Margins stood at -195% in 2019, Li Auto’s margins stood at about -860% while Xpeng’s margins stood at -160%. However, margins are likely to improve sharply in 2020, as volumes pick up.
