The Chinese EV maker looks undervalued relative to its growth potential.Li Auto (LI 1.83%), a leading manufacturer of plug-in hybrid electric vehicles (PHEVs) in China, went public at $11.50 per American depositary share (ADS) on July 30, 2020. Its stock more than quadrupled to a record high of $46.65 on Aug. 7, 2023. At the time, it was dazzling the market with its soaring PHEV deliveries and the launch of its first battery-powered electric vehicle (EV).But today, Li's stock trades at $27. The bulls retrea ...

Quarterly total revenues reached RMB42.9 billion (US$6.1 billion)1 Quarterly deliveries reached 152,831 vehicles BEIJING, China, Oct. 31, 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 its unaudited financial results for the quarter ended September 30, 2024. Operating Highlights for the Third Quarter of 2024 Total deliveries for the third quarter of 2024 were 152,831 vehicles, representing a 45.4% ye ...

Investors looking for stocks in the Automotive - Foreign sector might want to consider either Toyota Motor Corporation (TM) or Li Auto Inc. Sponsored ADR (LI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank fav ...

In the latest trading session, Li Auto Inc. Sponsored ADR (LI) closed at $25.26, marking a +0.04% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.18%. Elsewhere, the Dow lost 0.8%, while the tech-heavy Nasdaq added 0.27%. Prior to today's trading, shares of the company had gained 17.22% over the past month. This has outpaced the Auto-Tires-Trucks sector's loss of 4.37% and the S&P 500's gain of 4.46% in that time. The investment community will be closely monitoring ...

BEIJING, China, Oct. 21, 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 will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Thursday, October 31, 2024. The Company’s management will hold an earnings conference call on Thursday, October 31, 2024, at 8:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For partici ...

After years of economic headwinds, China is making a comeback, with the government's newly announced stimulus measures igniting a significant rally across Chinese equities. Among the sectors benefiting from this momentum are electric vehicle (EV) automakers, which have surged in the wake of this economic boost. Following the stimulus announcement, designed to revive the sluggish economy, major Chinese EV players like Li Auto, NIO, and XPeng have seen impressive gains. Li Auto has surged 37% this month alone ...

In the latest market close, Li Auto Inc. Sponsored ADR (LI) reached $27.05, with a +0.67% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.61%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 0.33%.The company's shares have seen an increase of 42.32% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 1.18% and the S&P 500's gain of 5.36%.The upcoming earnings release of Li Auto Inc. Sponsored ADR ...

A press release by a key Chinese economic committee did little to excite investors and sent Chinese stocks tumbling. The explosive Chinese stock rally over the last month finally lost steam today after a press conference by Chinese officials failed to sustain investor exuberance over previously announced stimulus measures. Shares of the electric carmaker Li Auto (LI -7.42%) traded nearly 7.5% lower as of midday, while shares of the search giant and artificial intelligence company Baidu (BIDU -7.01%) fell 6. ...

Li Auto Inc. Sponsored ADR (LI) closed at $29.29 in the latest trading session, marking a +1.61% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.9%. Meanwhile, the Dow experienced a rise of 0.81%, and the technology-dominated Nasdaq saw an increase of 1.22%.Shares of the company witnessed a gain of 52.81% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its gain of 6.06% and the S&P 500's gain of 3.15%.Investors will be eagerly ...

Stocks of several Chinese companies have experienced notable movement this week, primarily spurred by China's expanded stimulus plans. Li Auto (LI, Financial) recorded a price increase of 0.24%, reflecting investor optimism in the broader economic context. The announcement of stimulus measures totaling approximately $1.07 trillion, equivalent to about 6% of China’s GDP, has been viewed positively, indicating potential economic growth and increased domestic demand, particularly in the automotive industry.Li ...