When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Li Auto Inc. Sponsored ADR (LI) .Li Auto Inc. Sponsored ADR currently has an average brokerage ...

An expected investing behavior is to chase overvalued stocks from a sector in the limelight. Similarly, investors ignore deeply undervalued stocks from sectors facing temporary headwinds. The same stocks are bought at a premium when sentiments reverse. From optimism to big targets, EV stocks are facing pessimism. As a result, there are several undervalued EV stocks.It’s difficult to time sentiment reversal, but there is no doubt that the EV sector is still at an early growth stage. Use this opportunity to a ...

Li Auto (NASDAQ:LI) has become the first electric vehicle (EV) maker in China to turn a profit, sending its stock price higher in recent weeks. This will undoubtedly have LI stock investors feeling bullish.LI stock is up nearly 10% year to date, outpacing nearly every other EV maker in China or the rest of the world for that matter. By comparison, the stock of Tesla (NASDAQ:TSLA), the world’s leading electric vehicle manufacturer, has fallen 30% since January. Strong delivery numbers, better-than-expected f ...

2024年2月28日 公司研究 4Q23 业绩超预期，2024E 纯电+增程双驱动 ——理想汽车（LI.O）跟踪报告 要点 买入（维持） 当 前价/目标价：46.21/57.48美元 4Q23业绩超预期： 4Q23理想交付量同比增长184.6%/环比增长25.4%至13.2 万辆，收入同比增长136.4%/环比增长20.3%至417.3亿元，毛利率同比增长 3.3pcts/环比增长1.5pcts至23.5%，Non-GAAP归母净利润同比增长368.5%/ 作者 环比增长29.2%至44.9亿元。4Q23毛利率、Non-GAAP单车归母净利润表现 分析师：倪昱婧, CFA 超预期，主要由于规模效应、供应商返利+质保计提费用冲回。 执业证书编号：S0930515090002 021-52523852 Non-GAAP单车盈利创新高，在手现金充沛，2024E毛利率或维持20%以上：1） niyj@ebscn.com 4Q23汽车收入同比增长133.8%/环比增长20.1%至403.8亿元（ASP同比下降 17.8%/环比下降4.2%至30.6万元，主要由于产品结构差异+终端优惠放大）； 市场数据 汽车业务毛利率同 ...

Investment Rating - The report maintains a "Buy" rating for Li Auto (LI US) with a target price of US$63.20, indicating a potential upside of 37% from the current price of US$46.21 [1][2][4]. Core Insights - Li Auto's Q4 2023 performance showed significant growth, with GAAP/Non-GAAP net profit increasing by 2,102.1%/368.5% year-over-year, driven by high gross margins and the reversal of deferred tax asset impairment [3][4]. - The company is set to launch new models in March 2024, which is expected to boost sales and create a product matrix of four range-extended and four pure electric models by the end of 2024 [4][5]. - The report projects a strong delivery growth for 2024, with an estimated delivery volume of 726,249 vehicles, representing a 73% year-over-year increase in revenue [7][10]. Summary by Sections Financial Performance - In Q4 2023, Li Auto delivered 131,805 vehicles, achieving revenue of RMB 41.73 billion, a year-over-year increase of 136.4% [4][9]. - The gross margin for Q4 2023 was reported at 23.5%, with a full-year gross margin of 22.2%, up 2.8 percentage points year-over-year [4][6]. - The report forecasts 2024 revenue to reach RMB 214.29 billion, with a Non-GAAP net profit of RMB 17.68 billion, reflecting a year-over-year growth of 46.2% [7][8]. Earnings Estimates - The report has revised the earnings estimates for Li Auto, projecting 2024 EPS at RMB 18.05, up from RMB 15.21, and 2025 EPS at RMB 27.35, up from RMB 21.43 [2][5]. - For 2026, the company is expected to deliver 1,426,734 vehicles, with revenue and Non-GAAP net profit projected at RMB 403.25 billion and RMB 39.41 billion, respectively [7][8]. Market Positioning - Li Auto is positioned to benefit from a strong product lineup and market demand, with management expecting stable monthly sales for new models Mega and L6 to reach 5,000 and 20,000 units, respectively [4][5]. - The report highlights the competitive landscape, noting that while Li Auto has a strong market position, it faces increasing competition from other manufacturers launching similar range-extended and electric vehicles [5][10].

L series upgrade to have lidar as standard configuration PALO ALTO, Calif., March 6, 2024 /PRNewswire/ -- Li Auto Inc. (Nasdaq: LI), a leader in China's electric vehicle market, recently launched Li MEGA, its first high-voltage battery electric vehicle. The company's high-tech flagship multi-purpose vehicle (MPV) is equipped with Hesai Technology's (Nasdaq: HSAI) ultra-high-definition long-range LiDAR AT128, which allows for a full suite of intelligent driving capabilities. Li Auto's L8 and L7 Pro models wi ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

After two days of back-to-back gains post-earnings, shares of red-hot Chinese electric vehicle manufacturer Li Auto (LI -5.10%) stock finally sold off (a little) on Wednesday, giving back 2% ... after gaining nearly 33%. The stock again resumed an upward journey on Thursday. For new investors, that's good news, giving them a chance to buy in a bit more cheaply, before Li goes up any further.Responding to Li Auto's blowout Q4 earnings report on Tuesday, you see, Bank of America analyst Ming Hsun Lee reiterat ...

Chinese electric car company Li Auto (LI -3.61%) is ending a strong week on a weak note Friday. After reporting powerful Q4 earnings on Monday, Li shares climbed as much as 33% over last Friday's close. Today, the stock hit a bit of a speed bump, though, losing 3.5% through 10:30 a.m. ET after reporting its February delivery numbers.But this was to be expected.What Li Auto did in 2023Li's performance in 2023 was simply fantastic. Sales surged 173.5% year over year to $17.4 billion. Gross profit margins expa ...

BEIJING, China, March 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today hosted its 2024 Spring Launch Event and officially launched Li MEGA, its high-tech flagship family MPV. As the Company's first high-voltage battery electric vehicle, Li MEGA provides big families with a blend of energy replenishment experience as efficient as traditional ICE vehicle refueling, next-generation design and exceptionally low ...