A Li L6 by Li Auto is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. BEIJING — Chinese new energy vehicle brands Li Auto and Zeekr each delivered a record number of cars in September, according to company data released Tuesday. New energy vehicles include hybrids and those powered only by battery. The category accounted for more than half of new passenger cars sold in China in July and August, according to industry data. ...

BEIJING, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today announced that it delivered 53,709 vehicles in September 2024, up 48.9% year over year. This brought the Company's third-quarter deliveries to 152,831, increasing by 45.4% year over year. As of September 30, 2024, Li Auto had delivered a total of 341,812 vehicles in 2024, with cumulative deliveries reaching 975,176. "With the penetration r ...

Stock Performance - Li Auto Inc Sponsored ADR (LI) ended the recent trading session at $25 65, showing a -0 5% change from the previous day's closing price [1] - Over the past month, the company's shares gained 32 48%, outperforming the Auto-Tires-Trucks sector's 11 75% gain and the S&P 500's 2 06% gain [1] Earnings and Revenue Projections - For the full year, the Zacks Consensus Estimates project earnings of $1 39 per share and revenue of $20 11 billion, representing changes of -13 66% and +16 13%, respectively, from the prior year [1] Analyst Estimates and Revisions - Recent changes to analyst estimates for Li Auto Inc Sponsored ADR reflect the evolving nature of near-term business trends [2] - Positive revisions in estimates indicate analysts' confidence in the company's business performance and profit potential [2] - The Zacks Consensus EPS estimate has remained steady over the past month, and the company currently holds a Zacks Rank of 3 (Hold) [2] Valuation Metrics - Li Auto Inc Sponsored ADR is trading at a Forward P/E ratio of 18 55, which is a premium compared to its industry's Forward P/E of 6 61 [3] - The company's PEG ratio is 1 76, higher than the Automotive - Foreign industry average of 0 76 [3] - The Automotive - Foreign industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 157, placing it in the bottom 38% of over 250 industries [3]

Li Auto stock is looking expensive. Citigroup likes it, but can't recommend buying it at this price. Shares of Chinese electric carmaker Li Auto (LI -0.48%) leapt 6% higher through 11 a.m. ET Monday. Probably partly because of China's stimulus effort to jump-start its economy and boost demand for electric cars and other consumer products, which is helping many Chinese stocks today. But partly, the reason is Citigroup, which just raised its price target on Li stock for the second time in a week. Why Citi kee ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Li Auto Inc. Sponsored ADR (LI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Li Auto currently has an average brokerage re ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

China will pour money into its economy to try to boost growth.Chinese stocks leapt out of the gate Tuesday morning, with shares of Pizza Hut and KFC operator Yum China Holdings (YUMC 6.42%) rising 6.1% through 10 a.m. ET. Electric car manufacturer Li Auto (LI 6.89%) had gained 7.3% and casino powerhouse Melco Resorts & Entertainment (MLCO 5.75%) had gained 7.2%.What's the common thread behind all of these moves? As Reuters reports today, China's central bank has just unveiled its "biggest stimulus since the ...

One of the biggest fears of owning an electric vehicle (EV) is range anxiety, the fear of running out of power during a trip with no charging source nearby. Charging anxiety is the top reason for not owning an EV, the fear of not being able to find a charging station or waiting around for the battery to recharge.The combination of these 2 fears is what deters most people from purchasing an EV. However, Chinese EV maker Li Auto Inc. NASDAQ: LI has found the closest solution to assuage those fears, and it's p ...

With the recent sell-off of these two stocks, now's a great time to consider parking an EV name in your portfolio.Temperatures may be cooling these days, but one thing that remains hot is the S&P 500. Since the start of the year, it has soared 18% to the delight of investors.But some stocks have moved in the other direction. Take Chinese electric vehicle (EV) stocks Nio (NIO -2.22%) and Li Auto (LI 1.27%), for example. Since the start of the year, these two stocks have provided investors with little to cele ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Li Auto Inc. Sponsored ADR (LI) .Li Auto currently has an average ...