Li Auto stock

MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. One share of LI stock can currently be purchased for approximately $18.85.

Li Auto stock

Long term indicators on average place the stock in the category of 50% Sell. In the long run, Li Auto should benefit from a strong domestic demand growth for EVs. However, investors should note the risks due to its relatively short history of operations as well as intense competition from more established electric vehicle companies. On top of that, they didn’t hike their prices as aggressively as Tesla did, for example. Tesla does not break out deliveries on a monthly basis but reported its Q3 deliveries a couple of days ago.

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By Alex Kimani Many energy companies are now focusing on returning value to shareholders. Dividends and share buybacks are increasing across the energy sector. Early-stage Chinese EV plays have experienced even sharper declines. For instance, Zhejiang Leapmotor Technology, which went public late last month on the Hong Kong Stock Exchange, fell 33.5% on its first day of trading. Yet while LI hasn’t experienced the most dramatic tumble, this pullback has made it a more compelling buy compared to its peers. Yet despite the many near-term headwinds, long-term prospects remain bright for the Chinese EV industry. This may warrant going against the grain and loading up on high-quality, attractively-priced names in this industry, ahead of an eventual recovery.

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The company’s average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings. Tesla is, by far, the most expensive among these five companies from a sales DotBig multiple perspective. Due to its above-average margins and strong brand, a premium valuation makes sense. It can be argued, however, whether that premium should be as large as it is.

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Li Auto’s stock was trading at $32.10 at the beginning of the year. Since then, LI stock has decreased by 41.3% and is now trading at $18.85. Li Auto has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume. Pinduoduo looks healthy, but most Chinese DotBig stocks are struggling in the bear market. 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.

In November, Li Auto’s vehicle deliveries rose 190% year over year. The company is clearly growing in a market with aggressive competition. Moreover, Li Auto’s gross profit margin of 23.3% was higher DotBig than its peers in the latest quarter. Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.

Li Auto stock

Before recent Q2 earnings, LI had been profitable on a non-GAAP basis for the past three quarters. 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.

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Li Auto reported 11,500 deliveries for September, up by a compelling 63% year over year. Of course, that’s just one-third of BYD’s relative growth rate despite a smaller absolute basis, but we’ll see that 60%+ growth is still better than what many of its peers are generating. For the third quarter, Li has delivered 26,500 vehicles, unfortunately only up by 6% year over Li stock year. Deliveries for July and August were pretty weak, partially due to lockdowns in place across China. That rating compares quarterly and annual earnings-per-share growth with all other stocks. Relatively recent IPOs typically don’t have a long track record of profitability. But the automaker boasts strong sales and is seeing increased mutual fund ownership.

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Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company Li Auto stock price designs, develops, manufactures, and sells premium smart electric vehicles.

Year-over-year growth for the whole quarter was not too impressive, however, at 29%, with supply chain issues caused by lockdowns being an important headwind, according to management. 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. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value.

Li Auto Stock Nasdaq:li, Quotes And News Summary

Sales volume growth does not 100% translate into revenue growth, of course. Different mix between higher-priced and lower-priced models can have an impact, while this also holds true for price increases and rebates that automobile companies offer sometimes. It’s thus not surprising to see that analysts are expecting revenues for the third quarter to grow more than its deliveries. Right now, analysts are forecasting a 62% revenue gain, which would be pretty strong. Tesla is the most profitable one, while the other four companies are not or only barely profitable. Of course, for a fast-growing company in a growth market, current profits are not necessarily the most important thing.