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Brokers' Latest TPs/ Opinions on LI AUTO-W (02015.HK) After Qtr Results Ann
LI AUTO-W (02015.HK) descended 7.1% to $99.8 in the morning session, losing the status of a stock trading at $100 or above. LI AUTO-W's 4Q24 sales guidance was weaker than expe...
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Brokers' Latest TPs/ Opinions on LI AUTO-W (02015.HK) After Qtr Results Ann
Recommend
13
Positive
29
Negative
14
 
 

LI AUTO-W (02015.HK)  -10.150 (-9.451%)    Short selling $306.96M; Ratio 12.785%   descended 7.1% to $99.8 in the morning session, losing the status of a stock trading at $100 or above.

LI AUTO-W's 4Q24 sales guidance was weaker than expected, and that that EREV sales fell 2% MoM October-to-date, lagging behind the growth of ICEs, PHEVs and BEVs, Citi Research issued a research report saying.

Related NewsBOCOMI Hikes GWMOTOR (02333.HK) TP to $17.36, Lifts Earning Forecast
The order-to-sales ratio of LI AUTO-W was 1.25x, lower than the average of 1.48x, the broker added. The main beneficiaries of the trade-in policy were mid-to-low-priced vehicles, rather than mid-to-high-end vehicles.

The Company will remain aging in 1H25, and face greater competition from GWMOTOR (02333.HK)  +0.300 (+2.427%)    Short selling $107.73M; Ratio 51.688%   , GEELY AUTO (00175.HK)  +0.280 (+2.050%)    Short selling $159.96M; Ratio 17.773%   , BYD COMPANY (01211.HK)  -6.400 (-2.274%)    Short selling $115.03M; Ratio 14.807%   and Huawei.

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Related NewsUBS: GWMOTOR 3Q OP In Line; Non-operating Items Shake Profit
The table below summarizes 5 brokers' latest ratings and target prices:

The following table lists the ratings and target prices for Li Auto Inc. (LI.US)      by 5 brokers:

Broker│ Rating│ TP
UBS│ Buy│ US$40
Goldman Sachs│ Buy│ US$37.7
Citi│Neutral│US$29.6
CLSA│Outperform│US$29.4
Morgan Stanley│ Overweight│ US$29

Related NewsUBS: Li Auto (LI.US) 3Q Core Operating Beats
The following table lists the ratings and target prices for LI AUTO-W (02015.HK)  -10.150 (-9.451%)    Short selling $306.96M; Ratio 12.785%   from 2 brokers:

Broker│ Rating│ TP
Goldman Sachs│ Buy│$147
CLSA│ Outperform│$115

Broker│ Opinion
UBS│ Core operations beat expectations
Goldman Sachs│ Quarterly net profit beat expectations, benefiting from strong auto gross profit margins
Citi│2025 projected PE ratio was more expensive than that of BYD COMPANY and Seres, with rating kept at Neutral
CLSA│ Profitability rebounded as expected
Morgan Stanley│ Quarterly results were in line with expectations, while improved gross profit margin offset higher share-based compensation expense
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-01 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsCLSA Elevates GWMOTOR (02333.HK) TP to $17 as Globalization Accelerates

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