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We feel this is overdone based on revenue estimates being way below forecasts. https://www.us.hsbc.com/ is stronger in Tuesday’s premarket as the electric automaker released Q1 earnings ahead of Wall Street estimates. LI stock fell though heavily on Monday by over 9%, so this may be partly a relief rally.
Li Auto Inc Announces Unaudited First Quarter 2022 Financial Results
It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base. 12 analysts have issued 12-month price targets https://dotbig.com/markets/stocks/LI/ for Li Auto’s shares. On average, they anticipate Li Auto’s stock price to reach $42.05 in the next year. This suggests a possible upside of 108.9% from the stock’s current price. View analysts’ price targets for Li Auto or view top-rated stocks among Wall Street analysts. 1 brokers have issued twelve-month price objectives for Li Auto’s shares.
- A break-up above any of these levels will issue buy signals.
- Li Auto shares are listed on the NASDAQ and all prices are listed in US Dollars.
- The company was founded by Xiang Li in April 2015 and is headquartered in Beijing, China.
- Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
The company should benefit from high domestic demand growth for electric vehicles. With all that news, it’s no surprise that Li Auto shareholders were on a roller coaster ride today. But while investors should certainly keep an eye on vehicle production in China, they should also be pleased with Li Auto’s latest financial results. https://dotbig.com/ Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. It uses the current share price and divides it by the total earnings per share for the last 12 months.
The company is clearly growing in a market with aggressive competition. Moreover, Li Auto’s gross profit margin of 23.3% was higher than its peers in the latest quarter. The company reported $0.034 earnings per share for the quarter, beating the consensus estimate of -$0.068 by $0.103. This is used https://dotbig.com/markets/stocks/LI/ by investors to assess a stock’s market price relative to its earnings. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. In 2023, LI is forecast to generate $443,840,405 in earnings, with the lowest earnings forecast at $289,461,134 and the highest earnings forecast at $578,922,268. Li stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. You may use StockInvest.us and the contents contained in StockInvest.us solely for your own individual non-commercial and informational purposes only. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent.
Trading Expectations For The Upcoming Trading Day Of Wednesday 11th
Li Auto’s deliveries in November exceeded rival Nio’s 10,705 units. The company’s ICE-based range extender removes buyers’ range anxiety. EPS shows how much of the net DotBig profit is accounted for by the common share. Click the Predict button to answer the prediction request. Best predictor for any stock is listed at the stock pages.
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Dynamics for Li Auto shares will prevail with possible volatility of 5.116%. Li Auto stock Dynamics for Li Auto shares will prevail with possible volatility of 3.615%.