As for fundamentals, Li Auto sales have seen strong growth over the last few quarters. Electric cars remain a compelling growth story. Bottom line: Li Auto stock is not a buy now. While Beijing has yet to crack down on EV makers, caution is warranted due to the heightened regulatory risk around China stocks.
Similarly, Is Li Auto A Buy Sell or Hold?
Li Auto has received a consensus rating of Buy. The company’s average rating score is 3.08, and is based on 12 buy ratings, no hold ratings, and no sell ratings.
Is Li Auto an ADR? Li Auto, Inc. designs, develops, manufactures and sells premium smart electric SUVs energy vehicle.
Thereof, What sector is Li?
American Depositary Shares (LI) Stock Price, Quote, News & History | Nasdaq.
…
Key Data.
| Label | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Auto Manufacturing |
| 1 Year Target | $43.00 |
| Today’s High/Low | $27.91/$25.42 |
Is Li Auto better than NIO?
We can see both NIO and Li Auto are expected to grow at a stellar pace. While NIO stock is valued at a forward price to 2022 sales multiple of 4.1x, the ratio for Li Auto is also similar at 4.2x. However, I believe Li Auto is currently a better investment, given its higher gross margins and narrower losses.
Why is Li Auto down?
LI, -2.01% dropped 3.8% in premarket trading Monday, after the China-based electric vehicle maker cut its outlook for third-quarter deliveries, citing the slower-than-expected recovery in the supply of semiconductors.
Is Li Auto an EV company?
Company Profile
Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles.
Is NIO a good stock to buy 2021?
Even after its 2021 pullback, Nio has still been a top-performing stock overall in recent years. Investors buying the dip in Nio stock are still paying a more than 300% premium to the stock’s price two years ago. Nio is one of many stocks that have rallied on investor enthusiasm for EV investments.
Does Li Auto have a factory?
Li Auto Inc., also known as Li Xiang, is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou.
How much cash does Li Auto have?
Another key reason to like Li Auto is the company’s strong financial profile. First, Li reported cash and equivalents of $7.6 billion as of September 2021.
Will Li Auto go up?
Li Auto Inc (NASDAQ:LI)
The 25 analysts offering 12-month price forecasts for Li Auto Inc have a median target of 39.98, with a high estimate of 53.56 and a low estimate of 19.12. The median estimate represents a +53.48% increase from the last price of 26.05.
Who invested Li Auto?
Xiang Li , founder, chairman, and chief executive officer of Li Auto , commented, « On behalf of our board and the Company’s management team, we would like to thank Kai for his significant contribution to Li Auto’s research and development and wish him all the best in his future personal and career endeavors. »
Is Li Auto listed in China?
Aug 12 (Reuters) – Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing. The company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city.
Why is NIO dropping so much?
What happened. Shares of Nio ( NIO 4.93% ), a China-based electric vehicle maker, were plummeting today after the company listed its shares on Hong Kong’s stock exchange yesterday. Investors are concerned that some Chinese stocks could potentially be delisted from U.S. stock exchanges and are exiting their positions.
Is NIO Chinese stock?
NIO Inc is a China-based holding company principally engaged in the research, development and manufacturing of premium smart electric vehicles. The Company is mainly engaged in the design, development, manufacture and sales of high-end smart electric vehicles.
What is NIO price target?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.
Is Li Auto an EV Company?
Company Profile
Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles.
Who is behind Li Auto?
Li Xiang is the founder and CEO of Beijing-based electric vehicle startup Li Auto, which listed on the Nasdaq in July 2020.
What is the target price for Li auto stock?
Stock Price Targets
| High | $340.95 |
|---|---|
| Median | $252.56 |
| Low | $121.72 |
| Average | $235.70 |
| Current Price | $27.86 |
What is Li auto target price?
Based on analysts offering 12 month price targets for LI in the last 3 months. The average price target is $48.57 with a high estimate of $64 and a low estimate of $38.
What is Nio price target?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.
What cars does Li Auto make?
The company’s current market cap notably makes it larger than more established carmakers including Kia, Subaru, Nissan and Renault. Headquartered in Beijing, the company employs more than 2500 people, and claims to have delivered a total of 90,491 cars in 2021, an increase of 177.4 per cent compared to 2020.
Who is backing Li Auto?
This Warren Buffett-Backed Chinese Automaker Sold More EVs Than Xpeng, Li Auto, Nio Combined In 2021. [TODAY ONLY] Get 50% OFF and get 2 bear market-beating options trades straight to your inbox and SMS every month! Click Here Now to Get Started! combined for the full year as well.
What was Li Auto IPO price?
Li Auto raised about $1.3 billion in its U.S. initial public offering a year ago. Its shares have traded at more than three times the offer price of $11.50, riding on investor enthusiasm for EV makers. The stock closed at $31.35 on Thursday.
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