Li Auto (NASDAQ:LI) Downgraded to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Li Auto (NASDAQ:LI) from a hold rating to a strong sell rating in a research report sent to investors on Tuesday,Zacks.com reports.

A number of other research analysts have also weighed in on LI. JPMorgan Chase & Co. reissued a “neutral” rating and set a $28.00 price target (down previously from $33.00) on shares of Li Auto in a research note on Thursday, August 14th. BNP Paribas Exane initiated coverage on Li Auto in a research note on Monday. They issued an “underperform” rating and a $18.00 target price for the company. Sanford C. Bernstein set a $26.00 target price on Li Auto and gave the stock a “market perform” rating in a research report on Tuesday. BNP Paribas initiated coverage on Li Auto in a report on Monday. They issued an “underperform” rating for the company. Finally, Cfra Research raised shares of Li Auto from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 10th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $28.64.

Li Auto Price Performance

Li Auto stock opened at $23.50 on Tuesday. The stock has a market capitalization of $24.61 billion, a P/E ratio of 22.38, a P/E/G ratio of 1.37 and a beta of 0.94. Li Auto has a 12-month low of $17.44 and a 12-month high of $33.12. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.87 and a quick ratio of 1.72. The firm’s 50-day moving average is $27.03 and its two-hundred day moving average is $26.60.

Li Auto (NASDAQ:LI) last announced its quarterly earnings data on Thursday, May 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). Li Auto had a net margin of 5.60% and a return on equity of 11.83%. The firm had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.45 billion. During the same period in the previous year, the company posted $1.21 EPS. The business’s quarterly revenue was up 1.1% on a year-over-year basis. Li Auto has set its Q2 2025 guidance at EPS. Equities analysts predict that Li Auto will post 0.96 earnings per share for the current year.

Institutional Trading of Li Auto

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in Li Auto during the fourth quarter valued at approximately $544,000. Kestra Private Wealth Services LLC purchased a new position in shares of Li Auto in the 1st quarter valued at $226,000. Ariose Capital Management Ltd acquired a new position in shares of Li Auto during the 1st quarter valued at $5,395,000. Northern Trust Corp boosted its position in Li Auto by 38.0% during the 4th quarter. Northern Trust Corp now owns 488,151 shares of the company’s stock worth $11,711,000 after purchasing an additional 134,301 shares during the period. Finally, Virtu Financial LLC purchased a new stake in Li Auto during the 1st quarter worth $296,000. Institutional investors and hedge funds own 9.88% of the company’s stock.

Li Auto Company Profile

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.