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6 stories mentioning LI

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Research

Macquarie Upgrades Li Auto to Neutral From Underperform, Price Target is $15

Li Auto (LI) has an average rating of overweight and mean price target of $20.24, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Research

Research Alert: CFRA Maintains Hold Opinion On Shares Of Li Auto

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target price to USD16 from USD20, which now implies a 2027 P/E of 18.6x. Our substantial downward revision in forecasts (i.e., cutting 2026 EPS to CNY1.79 from CNY5.20 and 2027 EPS to CNY5.86 from CNY9.15) is induced by the Q1 2026 results. Vehicle margin collapsed to 6.1%, gross margin fell to 7.9%, and the company recorded a net loss of CNY2.3 billion compared with net income of CNY646.6 million in the same period of 2025. Free cash flow turned negative, indicating that the profitability recovery will take longer than previously anticipated. The unfavorable product mix, seasonal delivery declines, and raw material price fluctuations cited by management are likely to persist through much of 2026. While the company's strong cash position, ongoing share repurchase program, and technological advances provide a floor under the stock, the depth of Q1 margin compression and Q2 guidance of revenue declines compel us to lower our earnings trajectory.

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Research

Research Alert: Li Auto's Q1 2026: Steep Margin Decline And Net Loss Amid Model Refresh Cycle

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Li Auto reported challenging Q1 2026 results with revenues declining 11.4% to CNY23.0B despite deliveries rising 2.5% to 95,142 vehicles, as the vehicle margin collapsed to 6.1% from 19.8% and gross margin fell to 7.9% from 20.5%. The company swung to an operating loss of CNY3.0B and net loss of CNY2.3B, reversing the prior year's operating income of CNY271.7M and net income of CNY646.6M. Management highlighted the late-May launch of the all-new Li L9 with proprietary chips and AI capabilities as a catalyst, alongside its ongoing USD1.0B share repurchase program. The company guided Q2 2026 deliveries of 95,000-100,000 vehicles (decline of up to 14.5%) and revenues of CNY24.1B-CNY25.4B (a drop of as much as 20.2%). We believe the combination of deteriorating margins, widening losses, and negative FCF of CNY7.4B (vs. CNY2.5B prior year) underscores near-term execution pressures, though the substantial cash position of CNY94.3B provides financial flexibility during this challenging transition period.

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Stocks Fall Pre-Bell Amid Renewed US-Iran Tensions; Key Inflation, Economic Data on Deck
US Markets

Stocks Fall Pre-Bell Amid Renewed US-Iran Tensions; Key Inflation, Economic Data on Deck

The main US stock measures were trending lower in Thursday's premarket activity amid renewed tensions in the Middle East, while traders await key inflation and economic data.The S&P 500 and the Dow Jones Industrial Average edged down 0.1% each before the opening bell, while the Nasdaq was off 0.2%. The indexes finished Wednesday's trading session with fresh highs.Iran's Islamic Revolutionary Guard Corps said Thursday it targeted a US airbase, CNBC reported, citing Tehran's semi-official Tasnim news agency.The reported attack came after a US official told MS Now on Wednesday that US forces carried out strikes against a military site believed to threaten its troops and commercial shipping through the Strait of Hormuz.West Texas Intermediate crude oil increased 1.7% to $90.21 a barrel in premarket action, while Brent rose 1.6% to $95.81.President Donald Trump on Wednesday said that no single country will control the crucial Strait of Hormuz, according to Bloomberg News. "Nobody's going to control it, it's international waters," Trump reportedly said at the White House. "The strait's going to be open to everybody," and the US will "watch over it," he added.Earlier on Wednesday, Trump expressed confidence that the US would be able to reach a deal to end the conflict, but he is not yet satisfied with the terms, CNN reported. Iranian state TV previously claimed that a draft memorandum on ending the conflict calls for the US to withdraw its military forces and lift the naval blockade in return for reopening the Strait of Hormuz within a month. However, the White House dismissed it as a "complete fabrication," according to CNN.The personal income and outlays report for April is due to be released at 8:30 am ET. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric.Treasury yields were moving higher before the open, with the two-year rate gaining 2.7 basis points to 4.06% and the 10-year rate adding 1.2 basis points to 4.49%.Thursday's economic calendar also has the second estimate report of the first-quarter gross domestic product at 8:30 am, along with the weekly jobless claims bulletin and the durable goods orders report for last month. The new home sales report for April is out at 10 am, followed by the EIA domestic petroleum inventories report at 12 pm.New York Fed President John Williams is slated to speak at 8:55 am, while St. Louis Fed President Alberto Musalem speaks at 10:15 am. Richmond Fed President Thomas Barkin's remarks are due at 3 pm.Shares of Snowflake (SNOW) jumped 38% pre-bell after the cloud-based data platform lifted its full-year product revenue outlook and agreed to a $6 billion infrastructure spending deal with Amazon's (AMZN) cloud platform. Salesforce (CRM) declined nearly 2% as the company issued a soft fiscal second-quarter outlook.Marvell Technology (MRVL) and Synopsys (SNPS) dropped 3.3% and 2.8%, respectively, following their latest quarterly results.Burlington Stores (BURL), Dollar Tree (DLTR), Li Auto (LI), XPeng (XPEV), Best Buy (BBY) and Hormel Foods (HRL) are expected to release their earnings before the bell, among others. Costco Wholesale (COST), Dell Technologies (DELL) and MongoDB (MDB) are scheduled to announce their results after the markets close.Gold fell 1.1% to $4,400 per troy ounce, while bitcoin slipped 2.2% to $73,258.

Dow JonesNasdaq CompositeS&P 500$BBY$BURL$COST$CRM$DELL$DLTR$HRL$LI$MDB$MRVL$SNOW$SNPS$XPEV
Wire

Arteris Says Li Auto Using Its Technology for Smart Cars

Arteris (AIP) said Tuesday its technology is being used by Chinese electric vehicle manufacturer Li Auto (LI) to support the underlying AI compute data movement and integration automation for current and future smart cars.Arteris said Li Auto is already using the technology in the new L9 Livis SUV.Financial details were not provided.Price: $32.95, Change: $-0.34, Percent Change: -1.02%

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Research

BNP Paribas Upgrades Li Auto to Neutral From Underperform

Li Auto (LI) has an average rating of overweight and mean price target of $20.74, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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