In the latest trading session, Li Auto Inc. Sponsored ADR (LI) closed at $26.35, marking a +0.27% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.34%. Elsewhere, the Dow saw an upswing of 0.23%, while the tech-heavy Nasdaq depreciated by 0.33%.Heading into today, shares of the company had lost 15.34% over the past month, lagging the Auto-Tires-Trucks sector's loss of 5.08% and the S&P 500's loss of 4.05% in that time.Market participants will be closely following th ...

This company in an exciting industry is worth a look.Electric vehicle pioneer Tesla's (NASDAQ: TSLA) rocky first-quarter earnings report has some investors looking for other places to put their money in the EV space. Despite some recent challenges, Li Auto (LI 0.27%) offers a compelling alternative.Li's stock was flying high after great earnings report in February, but then its Mega model tanked and the stock plummeted after the company slashed Q1 2024 delivery guidance.With aggressive internal goals of 8,0 ...

BEIJING, China, May 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 the Company delivered 25,787 vehicles in April 2024, up 0.4% year over year. The cumulative deliveries of Li Auto vehicles reached 739,551 as of the end of April 2024. "Li L6, our first model priced under RMB300,000, has garnered widespread popularity among young families following its April debut. We will commence large-sc ...

BEIJING, China, April 30, 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 has completed its previously announced put right offer relating to its 0.25% Convertible Senior Notes due 2028 (CUSIP No. 50202M AB8) (the "Notes"). The put right offer expired at 5:00 p.m., New York City time, on Monday, April 29, 2024. Based on the information from Deutsche Bank Trust Company Americas as paying agent ...

Both investors and analysts are getting markedly more positive about Chinese auto makers.Like numerous electric vehicle (EV) stocks lately, Li Auto (LI 7.63%) had essentially been punished by the market on concerns that demand was waning for such cars. That gloomy sentiment wasn't in evidence on Monday, as investors turbo-charged the stock with a nearly 8% gain in price. This was aided in no small measure by an analyst's recommendation upgrade.From neutral to bullishWell before market open, 86Research pushe ...

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 ...

Even growing slower, at less than 15 times earnings, Li Auto stock looks cheap.Tesla was the talk of the town Wednesday after the electric vehicle (EV) maker announced weak earnings but also said it would send more affordably priced EVs to market as soon as possible. Earlier in the week, however, it was a different electric carmaker -- China's Li Auto (LI 7.14%) -- that caught investors' attention.On Monday, Citigroup tweaked its price target lower on Li Auto stock to $43.60. Despite the lower price target, ...

Chinese EV stocks have been among the most beaten-down assets in the market. Whether we’re talking about Nio (NYSE:NIO), XPeng (NYSE:XPEV) or Li Auto (NASDAQ:LI), the declines many of these EV makers have seen since their peaks during the last hype-driven bubble have been stark to say the least.Unlike other major tech names, Chinese EV makers have seen diminished demand, as investors appear to be moving toward other technology sectors with more growth potential. Chinese demand has cooled, and price cuts hav ...

EV stocks are getting a jolt today after two leading companies are steering more directly into a new market.Markets seem poised to end the week on a high note with both the S&P 500 and Dow Jones Industrial Average inching up after a rocky trading session yesterday.But several electric vehicle (EV) stocks are charging considerably higher today with investors believing that Chinese EV manufacturers might be ready to make a greater push into the market with more-affordable models.investors are pressing the acc ...

Li Auto Inc. Sponsored ADR (LI) closed the latest trading day at $23.47, indicating a -1.68% change from the previous session's end. This change lagged the S&P 500's 0.46% loss on the day. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 0.64%.Prior to today's trading, shares of the company had lost 20.91% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 6.9% and the S&P 500's loss of 3.04% in that time.Analysts and investors alike will be keeping a close ey ...