Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium DotBig smart NEVs. The company started volume production of its first model Li One in November 2019.
Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles in China. It offers Li ONE, a six-seat electric SUV that equipped with a range of extension system and smart vehicle solutions. Li Auto is a leading new energy vehicle, or NEV, manufacturer in China, producing large plug-in hybrid electric sport utility vehicles, or SUVs, for family car use. The six-seater Li One SUV is built on its proprietary extended-range electric vehicle technology, offering total driving range of 800 km.
Use our graph to track the performance of LI stocks over time. Electric vehicle stocks mostly declined in the week ending Nov. 4, as another big rate hike delivered by the Federal Reserve weighed on risk appetite. Receive a free world-class investing DotBig education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more. MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.
While that’s up 33% on the year, it’s a decrease over last month’s totals. That’s down 52% on a yearly basis and 56% from the previous month. Li’s https://dotbig.com/ lagging delivery numbers comes on the heels of disappointing guidance on Aug. 15 that saw forecasted revenue below what analysts expected.
These social features are a great way for new investors to learn about the market and follow trends. As of October 15th, there was short interest totaling 35,800,000 shares, an increase of 7.4% from the September 30th total of 33,330,000 shares. Based on an average daily trading volume, of 10,060,000 shares, the days-to-cover ratio is currently 3.6 days. Based on nasdaq:Li analyst ratings, Li Auto’s 12-month average price target is $67.25. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.
- For example, a price above its moving average is generally considered an upward trend or a buy.
- Macquarie analyst Erica Chen initiatedcoverage on Niowith an Outperform rating and announced a $37.70 price target.
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- The six-seater Li One SUV is built on its proprietary extended-range electric vehicle technology, offering total driving range of 800 km.
- Please read the Characteristics and Risks of Standardized Options before trading options.
Share of Li Auto Inc. dropped 1.7% in premarket trading Monday, after the China-based electric vehicle maker cut its delivery outlook for the third quarter, citing supply chain challenges. Li Auto Inc’s current share price divided by its per-share earnings over a 12-month period gives a "trailing price/earnings ratio" of roughly 1426x. In other words, Li Auto Inc shares trade at around 1426x recent earnings. Real-time DotBig analyst ratings, insider transactions, earnings data, and more. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.33 average news sentiment score of Auto/Tires/Trucks companies. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
The proprietary IBD rankings place the Chinese maker of electric cars in the No. 5 spot vs. its automotive industry peers. The automaker group ranks No. 56 out of the 197 industry groups tracked by IBD. It’s ideal to focus on the best stocks in the top quartile of IBD’s groups. The IBD Stock Checkup tool shows https://dotbig.com/markets/stocks/LI/ has an IBD Composite Rating of 56 out of a best-possible 99. The rating measures a stock based on the most important fundamental and technical stock-picking criteria. IBD research shows some of the greatest stock winners of all time often have a Composite Rating of at least 95 near the start of big runs. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Are Battered China Tech Stocks Out of the Woods Yet?
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The Li ONE SUV hybrid, which has been Li Auto’s only vehicle, has seen demand suddenly plunge. The automaker is blaming cannibalization from its more-premium L9 hybrid SUV. Li began L9 deliveries on Aug. 30, with the automaker still expecting nasdaq:Li 10,000 L9 deliveries in September. The new L9 launched in June and garnered 30,000 orders in the first 72 hours. On Aug. 1 the automaker announced more than 50,000 orders for the L9 SUV, with more than half of those nonrefundable.
Please read the Characteristics and Risks of Standardized Options before trading options. All investments involve risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security, Li Auto stock or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. There is always the potential of losing money when you invest in securities or other financial products.
Its passenger vehicle market categorized into sedan, SUV, and MPV segments. The company was founded by Xiang Li , Yanan Shen, Tie Li , Donghui Ma… The company was founded by Xiang Li , Yanan Shen, Tie Li , Donghui Ma in April 2015 and is headquartered https://dotbig.com/ in Beijing, China. 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Li Auto in the last year. The consensus among Wall Street equities research analysts is that investors should "buy" LI shares.