Li Auto Inc. (LI) Tops Revenue Estimates; Misses on Guidance

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Go back to Li Auto Inc. (LI) Tops Revenue Estimates; Misses on Guidance

CFRA Upgrades Li Auto (LI) to Hold

February 27, 2024 1:35 PM EST

CFRA analyst Aaron Ho upgraded Li Auto (NASDAQ: LI) from Sell to Hold with a price target of $50.00 (from $35.00).

The analyst comments "We revise our 12-month target price to USD50 from USD35. The valuation reflects a 2024 P/B of 6x, at parity to Li Auto's... More

Li Auto (LI) shares jump as Q4 revenue and deliveries exceed estimates

February 26, 2024 4:36 AM EST

Li Auto (NASDAQ: LI) saw its shares jump around 8% in premarket trading Monday after the electric vehicle (EV) maker reported better-than-expected earnings, revenue, and vehicle deliveries for the fiscal Q4 2023.

Earnings per share (EPS) were reported at RMB4.23, topping the consensus estimates of 93 cents. The company's quarterly revenue reached... More