Li Auto (NASDAQ:LI) Now Covered by Analysts at BNP Paribas Exane

Key Points

• BNP Paribas Exane has initiated coverage on Li Auto with an "underperform" rating and set a price target of $18.00, indicating a potential downside of 25.59% from its previous close.
• JPMorgan Chase & Co. lowered its price target for Li Auto to $28.00, showing a downgrade from a previous target of $33.00, while two analysts rated the stock as a sell and six as hold.
• Li Auto reported a net revenue of $3.53 billion for the latest quarter but missed EPS estimates, suggesting mixed financial performance amidst analyst evaluations.

Equities researchers at BNP Paribas Exane initiated coverage on shares of Li Auto (NASDAQ:LI - Get Free Report) in a research report issued on Monday, Marketbeat.com reports. The firm set an "underperform" rating and a $18.00 price target on the stock. BNP Paribas Exane's price target would suggest a potential downside of 25.19% from the stock's current price.

A number of other research firms have also recently weighed in on LI. BNP Paribas assumed coverage on shares of Li Auto in a research note on Monday, August 18th. They set a "strong sell" rating on the stock. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $28.00 price target (down from $33.00) on shares of Li Auto in a research note on Thursday, August 14th. 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, six have given a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, Li Auto presently has an average rating of "Reduce" and an average price target of $27.89.

Li Auto Stock Performance

Li Auto stock traded up $0.60 during trading hours on Monday, reaching $24.06. 5,042,875 shares of the stock were exchanged, compared to its average volume of 5,531,729. The stock has a market cap of $25.19 billion, a P/E ratio of 22.91, a P/E/G ratio of 1.35 and a beta of 0.94. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.72 and a current ratio of 1.87. Li Auto has a 52-week low of $17.44 and a 52-week high of $33.12. The firm's 50 day moving average is $26.85 and its 200 day moving average is $26.61.

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

Institutional Trading of Li Auto

Hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Li Auto during the fourth quarter valued at approximately $544,000. Kestra Private Wealth Services LLC bought a new stake in shares of Li Auto in the first quarter worth $226,000. Ariose Capital Management Ltd bought a new stake in shares of Li Auto in the first quarter worth $5,395,000. Virtu Financial LLC bought a new stake in shares of Li Auto in the first quarter worth $296,000. Finally, Northern Trust Corp increased its stake in shares of Li Auto by 38.0% in the fourth quarter. Northern Trust Corp now owns 488,151 shares of the company's stock worth $11,711,000 after buying an additional 134,301 shares during the last quarter. Hedge funds and other institutional investors 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.