Li Auto (LI) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Li Auto in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LI shares.
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6 analysts have issued twelve-month price objectives for Li Auto's shares. Their LI share price forecasts range from $20.66 to $250.30. On average, they predict the company's stock price to reach $70.42 in the next twelve months. This suggests a possible upside of 104.1% from the stock's current price.
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Li Auto's stock was trading at $20.40 at the beginning of the year. Since then, LI stock has increased by 69.1% and is now trading at $34.50.
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Li Auto saw a decline in short interest in September. As of September 15th, there was short interest totaling 28,690,000 shares, a decline of 9.5% from the August 31st total of 31,710,000 shares. Based on an average trading volume of 6,640,000 shares, the days-to-cover ratio is presently 4.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Friday, December 8th 2023.
View our LI earnings forecast.

Li Auto Inc. (NASDAQ:LI) posted its quarterly earnings data on Tuesday, August, 8th. The company reported $0.30 earnings per share (EPS) for the quarter. The firm had revenue of $3.95 billion for the quarter. Li Auto had a trailing twelve-month return on equity of 3.92% and a net margin of 2.45%.

ETFs with the largest weight of Li Auto (NASDAQ:LI) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO), Renaissance IPO ETF (IPO), VanEck Low Carbon Energy ETF (SMOG), Invesco Golden Dragon China ETF (PGJ), Amplify Lithium& Battery Technology ETF (BATT), Innovator IBD 50 ETF (FFTY) and SPDR S&P Kensho Smart Mobility ETF (HAIL).

Li Auto updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.46 billion-$4.59 billion, compared to the consensus revenue estimate of $3.90 billion.

11 employees have rated Li Auto Chief Executive Officer Jean-Marc Jestin on Glassdoor.com. Jean-Marc Jestin has an approval rating of 100% among the company's employees. This puts Jean-Marc Jestin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Li Auto investors own include Biocept (BIOC), Broadcom (AVGO), ARK Next Generation Internation ETF (ARKW), ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), Argonaut Gold (AR), Aptorum Group (APM), Advanced Micro Devices (AMD) and

(LI) raised $855 million in an initial public offering (IPO) on Thursday, July 30th 2020. The company issued 95,000,000 shares at $8.00-$10.00 per share. Goldman Sachs (Asia), Morgan Stanley, UBS Investment Bank and CICC acted as the underwriters for the IPO and Tiger Brokers and Snowball were co-managers.

Li Auto trades on the NASDAQ under the ticker symbol "LI."

Li Auto's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Xiamen Xinweidachuang Investment Partnership Limited Partnership (1.20%), Renaissance Technologies LLC (0.73%), Brilliance Asset Management Ltd. (0.48%), RWC Asset Advisors US LLC (0.22%), Citadel Advisors LLC (0.00%) and Marshall Wace LLP (0.14%).

Shares of LI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LI stock can currently be purchased for approximately $34.50.

Li Auto (NASDAQ:LI) has a market capitalization of $33.93 billion and generates $6.57 billion in revenue each year. The company earns $-291,740,000.00 in net income (profit) each year or $0.23 on an earnings per share basis.

The company employs 19,396 workers across the globe.

Li Auto's mailing address is 8TH FLOOR BLOCK D BUILDING 8 4TH DISTRICT OF WANGJING EAST GARDEN, BEIJING F4, 100102. The official website for the company is www.lixiang.com. The company can be reached via phone at 86-10-8742-7209 or via email at ir@lixiang.com.