Where Li Auto Stands With Analysts
Portfolio Pulse from Benzinga Insights
Li Auto (NASDAQ:LI) has received mixed analyst ratings over the last three months, with a shift towards more bullish sentiments. The average 12-month price target is $53.17, a decrease from previous targets. Analysts from firms like Macquarie, Morgan Stanley, Citigroup, Barclays, B of A Securities, and Deutsche Bank have adjusted their ratings and price targets, reflecting a nuanced view of Li Auto's market position. Li Auto, a Chinese NEV manufacturer, reported over 376,000 NEV sales in 2023, with a market cap below industry average, a revenue growth rate of 20.34%, and strong profitability indicators such as a net margin of 13.56%, ROE of 9.95%, and ROA of 4.29%.
April 15, 2024 | 3:01 pm
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Li Auto has seen a range of analyst ratings, with recent adjustments indicating a nuanced perspective on its value. The company's strong sales figures and financial performance metrics, such as revenue growth and profitability, suggest a solid foundation. However, the decrease in the average price target reflects caution among analysts.
The mixed analyst ratings and the recent decrease in the average price target suggest a cautious but not negative outlook on Li Auto. The company's strong sales and financial performance are positive indicators, but the lowered price targets reflect uncertainties or perceived challenges in maintaining its growth trajectory or market position.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100