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This means that the stock’s trading pattern over the last month have been neutral. Li Auto Inc currently has the 109th highest Short-Term Technical score in the Auto Manufacturers industry.

To find the best stocks to buy and watch, check out IBD’s Stock Lists page. More stock ideas can be found on our Leaderboard and MarketSmith platforms. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Investopedia does not include all offers available in the marketplace. YouTube icon A play button in the shape of a television screen. Menu icon A vertical stack of three evenly spaced horizontal lines. Stock markets are trying to rebound after a steep drop last Friday.

Compare Li Stock To Peers

Crypto News and Data Get all the latest cryptocurrency and NFT news and prices on IBD’s exclusive crypto hub. 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 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 10,000 L9 deliveries in September.

TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers. The Chinese EV specialist reports first-quarter earnings results and introduces a 2021 model of its SUV. Get Started Learn how you can make more money with IBD’s investing tools, top-performing stock lists, and educational content. Free Webinar with Mark Minervini Register for IBD’s free webinar with 2-time investing champion Mark Minervini! IBD’s $1 Labor Day Sale Level up your investing game this Labor Day with 1 month of IBD Digital access for only $1!

The unit sales data on a balance sheet indicates the actual numbers of a product sold in a given reporting period. Investopedia requires writers to use primary sources to support their work. Li stock forecast These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.

Li Auto Stock Performance

Rivian lost ground even as Li Auto and its Chinese peers reported solid sales. In general, China EV sales have slowed after rebounding over the summer. Local governments responded to a potential slowdown with cash EV subsidies to encourage sales. However, some Wall Street firms recently cut EV delivery estimates for Nio, DotBig Tesla and others, citing continued Covid lockdowns and supply disruptions on the horizon. Key performance indicators are quantifiable measures that gauge a company’s performance against a set of targets, objectives, or industry peers. Revenue is expected to rise at a healthy pace, although growth continues to slow.

  • The number of automobiles sold is also referred to as vehicle deliveries by the company.
  • Based on analyst ratings, Li Auto’s 12-month average price target is $68.89.
  • Starting in Q2 FY 2020, though, NIO’s revenue has grown at a robust pace YOY each quarter.
  • Li’s lagging delivery numbers comes on the heels of disappointing guidance on Aug. 15 that saw forecasted revenue below what analysts expected.

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Average Price Target

The company’s stock staged a minor rally in October and early November 2021, briefly outpacing the market. However, from November 2021 through March 2022 the shares plummeted. They recovered modestly leading up to the company’s Q4 FY 2021 earnings report in late March, but then drifted downward through May. NIO’s shares once again recovered slightly through late June, but have since given up much of those gains. As of Sept. 6, 2022, NIO stock has provided a 1-year trailing total return of -57.5%, well behind the S&P 500’s -13.3% return. Stay up to date with the latest content by subscribing to Electrek on Google News. You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day.

Li Auto Shareholder

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. The price-to-earnings (P/E) ratio is the ratio for valuing a company that Li stock measures its current share price relative to its per-share earnings. Full BioNathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016.

The company is expected to post dramatically widening losses per share for the quarter compared to the same quarter a year earlier. Li Auto annual/quarterly revenue history and growth rate from 2020 to 2022. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales DotBig of goods or services. The China EV maker reported a loss of 4 cents per share while revenue increased 73% year-over-year to $1.3 billion. Analysts had expected a loss of 2 cents per share on revenue of $1.4 billion, according to FactSet data. The company delivered a total of 20,152 vehicles for all of FY 2019.

Li Auto’s results from last month looked even better this week when compared to one of its biggest Chinese competitors. The Chinese electric vehicle manufacturer is firing on all cylinders. IBD Videos Get market updates, educational videos, webinars, and stock analysis.

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