Streetbeat News

Li Auto Inc.

https://www.lixiang.com

Industry

Auto - Manufacturers

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.

Open

22.56

Mkt cap

22B

Volume

High

22.74

P/E Ratio

17.08

52-wk high

46.44

Low

22.36

Div yield

N/A

52-wk low

17.44

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Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 1:33 pm

Li Auto reported better-than-expected Q2 results despite challenges in the EV market, maintaining profitability alongside BYD. Li Auto regained its leading position in Chinese new energy SUV sales, surpassing Tesla in July. Despite thinned margins, Li Auto remains profitable and provided solid guidance for Q3.

Portfolio Pulse from Upwallstreet

August 30, 2024 | 1:21 pm

Li Auto Inc. (NASDAQ:LI) shares are trading higher as they recover from losses following a disappointing second-quarter earnings report. B of A Securities raised its price target for Li Auto, while JP Morgan lowered its target. Despite recent setbacks, analysts see potential upside for the stock.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 5:25 pm

Build-A-Bear Workshop and several other major stocks saw significant gains on Thursday, driven by strong earnings reports and positive guidance. The Dow Jones index also rose by around 400 points.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 5:06 pm

JP Morgan has maintained a Neutral rating on Li Auto and lowered its price target from $21 to $19.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:23 pm

Li Auto shares rose as Bank of America maintained a Buy rating and increased its price target from $30 to $31.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:58 pm

B of A Securities analyst Ming Hsun Lee maintains a Buy rating on Li Auto and raises the price target from $30 to $31.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:38 pm

Li Auto shares declined following a Q2 revenue miss and lower-than-expected Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 3:33 pm

Nasdaq and S&P 500 futures are flat as traders await Nvidia's earnings, which are seen as a key indicator for the AI sector and broader market. Nordstrom's positive earnings may boost retail stocks, while other tech earnings could improve sentiment. Several companies, including Nordstrom, Ambarella, and Box, showed significant premarket movements based on earnings reports.

Portfolio Pulse from Shanthi Rexaline

August 28, 2024 | 10:43 am

Li Auto Inc reported a mixed fiscal Q2 2024 with a slight revenue miss but an EPS beat. Vehicle deliveries grew by 25.5% year-over-year, but margins declined. The company expects strong Q3 revenue and delivery growth. Despite positive developments, Li Auto's stock has faced challenges, dropping 47% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 28, 2024 | 10:18 am

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