Why did Li auto stock pull back today?
But despite all that good news, some Li Auto investors may have caused the stock to pull back from its initial gains today as they processed the news that car sales in China declined 36% year over year in April. The Wall Street Journal reported today that strict coronavirus lockdowns in China have slowed down vehicle production in the country.
What is the price of Li auto stock?
One share of LI stock can currently be purchased for approximately $29.53. How much money does Li Auto make? Li Auto has a market capitalization of $30.30 billion and generates $1.45 billion in revenue each year. The company earns $-23.24 million in net income (profit) each year or ($0.08) on an earnings per share basis.
When is Li auto's next quarterly earnings announcement?
Li Auto is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022. View our earnings forecast for Li Auto. How were Li Auto's earnings last quarter?
Is Li Auto (Li) worth betting on post encouraging Q3 show?
Is Li Auto (LI) Worth Betting on Post Encouraging Q3 Show? While Li Auto (LI) impresses investors with a massive revenue surge in Q3 and looks well poised to tap the EV frenzy, it may not be a prudent pick at the current price level. Li Auto and NIO Stocks: Time to Breakout and Shine?
Will Li Auto stock go up?
The 23 analysts offering 12-month price forecasts for Li Auto Inc have a median target of 38.96, with a high estimate of 50.11 and a low estimate of 14.10. The median estimate represents a +30.11% increase from the last price of 29.94.
Is Li Auto a buy right now?
Bottom line: Li Auto stock is not a buy now. While LI stock is on the verge of clearing a declining tops trend line, it appears to be hitting resistance and is still trading below its 200-day line.
Is LI stock a buy or sell?
Li Auto has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Is NIO better than Li Auto?
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.
What is Nio price target?
Stock Price Forecast The 30 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.36, with a high estimate of 82.31 and a low estimate of 21.92. The median estimate represents a +90.81% increase from the last price of 15.91.
Who invested Li Auto?
Li Auto is funded by 16 investors. BlueRun Ventures and Hike Capital are the most recent investors....Investors.Investor NameBlueRun VenturesLead Investor—Funding RoundSeries C - Li AutoPartners—9 more columns
Is NIO a buy?
From a valuation perspective also, NIO looks attractive with a next-12 months EV-to-sales multiple of 2.64x. Unlike Tesla, where Wall Street is quite divided, most brokerages believe that NIO is a good stock to buy. Of the 34 analysts covering the stock, 32 have a buy or equivalent rating while two have a hold rating.
Is Li stock Buy Zacks?
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return5Strong Sell2.83%S&P50011.24%4 more rows
Is NIO a buy Zacks?
- Hold. Zacks' proprietary data indicates that NIO Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the NIO shares relative to the market in the next few months.
Why is Li Auto successful?
Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium smart electric SUV.
How many vehicles has Li Auto sold?
U.S.- and Hong Kong-listed Li Auto delivered 11,034 of its Li One sports utility vehicle (SUV) in March, up 31% from February. For the first quarter, Li Auto said it had delivered 31,716 vehicles, an increase of 152.1% year on year.
Are Chinese EV stocks a good buy?
Overall, consensus among analysts is a Strong Buy based on 17 Buys and two Holds. Given the steep decline over the past year, the average Nio price target of $44.06 suggests 103.23% upside potential from current levels.
Is Li Auto a buy right now?
12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Li Auto in the last year. There are currently 11 buy ra...
When is Li Auto's next earnings date?
Li Auto is scheduled to release its next quarterly earnings announcement on Monday, August 29th 2022. View our earnings forecast for Li Auto .
How were Li Auto's earnings last quarter?
Li Auto Inc. (NASDAQ:LI) announced its quarterly earnings results on Tuesday, May, 10th. The company reported $0.23 earnings per share (EPS) for th...
What guidance has Li Auto issued on next quarter's earnings?
Li Auto issued an update on its second quarter 2022 earnings guidance on Tuesday, May, 24th. The company provided earnings per share (EPS) guidance...
What price target have analysts set for LI?
12 brokerages have issued 1 year target prices for Li Auto's shares. Their forecasts range from $26.80 to $62.00. On average, they expect Li Auto's...
Who are Li Auto's key executives?
Li Auto's management team includes the following people: Mr. Xiang Li , Exec. Chairman & CEO (Age 41) Mr. Yanan Shen , Pres & Exec. Director (...
What is Jean-Marc Jestin's approval rating as Li Auto's CEO?
11 employees have rated Li Auto CEO Jean-Marc Jestin on Glassdoor.com . Jean-Marc Jestin has an approval rating of 100% among Li Auto's employees....
Who are some of Li Auto's key competitors?
Some companies that are related to Li Auto include Mercedes-Benz Group (DDAIF) , General Motors (GM) , Ford Motor (F) , Honda Motor (HMC) , Fe...
What other stocks do shareholders of Li Auto own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Li Auto investors own include Biocept (BIOC) , Broadcom (...
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About Li Auto
Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. It offers Li ONE, a six-seat electric SUV that equipped with a range of extension system and smart vehicle solutions. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc.
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Li Auto (NASDAQ:LI) Frequently Asked Questions
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Li Auto in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Li Auto stock. View analyst ratings for Li Auto or view top-rated stocks.
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