Li Auto revenue forecast misses estimates, sending U.S.-listed shares lower
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Barclays Reiterates Underweight Rating on XPeng (XPEV)
May 22, 2024 5:46 AM EDTBarclays analyst Jiong Shao reiterated an Underweight rating and $8.00 price target on XPeng (NYSE: XPEV).
The analyst comments "XP 1Q results would have been broadly inline excluding the positive impact from high-margin tech services revenues from VW; first low end Mona... More
Li Auto Inc (2015:HK) (LI) PT Lowered to HK$205 at Morgan Stanley
May 21, 2024 12:43 PM EDTMorgan Stanley analyst Tim Hsiao lowered the price target on Li Auto Inc (2015:HK) (NASDAQ: LI) to HK$205.00 (from HK$233.00) while maintaining a Overweight rating.
... MoreLi Auto (LI) PT Lowered to $53 at Morgan Stanley
May 21, 2024 12:42 PM EDTMorgan Stanley analyst Tim Hsiao lowered the price target on Li Auto (NASDAQ: LI) to $53.00 (from $65.00) while maintaining a Overweight rating.
The analyst comments "We lower our price target to US$53, from US$65, but remain OW as we believe the... More
Morgan Stanley Pegs XPeng (XPEV) as a Research Tactical Idea
May 21, 2024 8:19 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $18.00 price target on XPeng (NYSE: XPEV)
The analyst comments "We believe the share price will rise in absolute terms over the next 15 days. This is because of an earnings release. We think... More
XPeng Inc. (XPEV) stock rises as revenue beats consensus despite quarterly decline
May 21, 2024 6:22 AM EDTChinese electric vehicle company XPeng Inc. (NYSE: XPEV) reported a beat on both earnings and revenue for the first quarter of 2024, sending its shares up 5.7% in early Tuesday trading.
The company's first-quarter earnings per share (EPS) came in at -RMB0.75, surpassing the analyst estimate of -RMB2.06. Revenue also exceeded expectations, reaching RMB6.55 billion against a consensus... More
Li Auto (LI) PT Lowered to $36 at BofA Securities
May 21, 2024 5:17 AM EDTBofA Securities analyst Ming Hsun Lee lowered the price target on Li Auto (NASDAQ: LI) to $36.00 (from $41.00) while maintaining a Buy rating.
The analyst comments "Li Auto (Li) announced 1Q24 results and hosted a conference call on 20 May. Total revenue came in... More
CFRA Downgrades Li Auto (LI) to Sell
May 20, 2024 1:05 PM EDTCFRA analyst Aaron Ho downgraded Li Auto (NASDAQ: LI) from Hold to Sell with a price target of $18.00 (from $50.00).
The analyst comments "We cut our 12-month target price to USD18 from USD50. The valuation reflects a 2024 P/B of 2x, a... More
