Li Auto (NASDAQ:LI) Downgraded by Zacks Research to “Strong Sell”

Li Auto (NASDAQ:LI) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. BNP Paribas started coverage on shares of Li Auto in a report on Monday. They set an “underperform” rating on the stock. Cfra Research upgraded shares of Li Auto from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 10th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $28.00 price target (down from $33.00) on shares of Li Auto in a report on Thursday, August 14th. BNP Paribas Exane initiated coverage on Li Auto in a report on Monday. They set an “underperform” rating and a $18.00 target price for the company. Finally, Sanford C. Bernstein set a $26.00 target price on shares of Li Auto and gave the stock a “market perform” rating in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Li Auto currently has an average rating of “Reduce” and a consensus price target of $28.64.

Li Auto Stock Performance

Shares of NASDAQ LI opened at $23.50 on Tuesday. The company has a quick ratio of 1.72, a current ratio of 1.87 and a debt-to-equity ratio of 0.12. The company has a market cap of $24.61 billion, a P/E ratio of 22.38, a P/E/G ratio of 1.37 and a beta of 0.94. The business’s 50 day moving average is $27.03 and its two-hundred day moving average is $26.60. Li Auto has a 12 month low of $17.44 and a 12 month high of $33.12.

Li Auto (NASDAQ:LI) last released its quarterly earnings data on Thursday, May 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The firm had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.45 billion. Li Auto had a net margin of 5.60% and a return on equity of 11.83%. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Li Auto has set its Q2 2025 guidance at EPS. On average, equities analysts expect that Li Auto will post 0.96 EPS for the current year.

Institutional Trading of Li Auto

Institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in shares of Li Auto by 9.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,134 shares of the company’s stock valued at $155,000 after acquiring an additional 538 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC grew its holdings in Li Auto by 2.2% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 25,174 shares of the company’s stock worth $604,000 after buying an additional 547 shares in the last quarter. US Bancorp DE lifted its position in shares of Li Auto by 9.0% during the first quarter. US Bancorp DE now owns 10,255 shares of the company’s stock valued at $258,000 after purchasing an additional 844 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Li Auto by 1.0% in the 2nd quarter. Tidal Investments LLC now owns 88,772 shares of the company’s stock worth $2,407,000 after buying an additional 856 shares during the last quarter. Finally, Corient Private Wealth LLC grew its stake in Li Auto by 8.6% in the 2nd quarter. Corient Private Wealth LLC now owns 11,955 shares of the company’s stock valued at $324,000 after purchasing an additional 951 shares during the period. 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.