Will Li Auto Inc. (LI) benefit from Wall Street bulls Calls?

Li Auto Inc. (NASDAQ: LI) is -0.52% lower on its value in year-to-date trading and has touched a low of $14.31 and a high of $47.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LI stock was last observed hovering at around $26.99 in the last trading session, with the day’s gains setting it 1.69% off its average median price target of $261.65 for the next 12 months. It is also 92.74% off the consensus price target high of $394.93 offered by 14 analysts, but current levels are 79.51% higher than the price target low of $139.98 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $28.68, the stock is -6.66% and -9.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.63 million and changing 6.26% at the moment leaves the stock 13.47% off its SMA200. LI registered a gain of 67.82% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $32.15 and a 200-day simple moving average (SMA200) of $25.71.

The stock witnessed a -10.35% loss in the last 1 month and extending the period to 3 months gives it a -24.76%, and is -3.56% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.24% over the week and 5.83% over the month.

Li Auto Inc. (LI) has around 2628 employees, a market worth around $25.40B and $862.40M in sales. Profit margin for the company is -35.20%. Distance from 52-week low is 100.42% and -39.87% from its 52-week high. The company has generated returns on investments over the last 12 months (42.40%).

Li Auto Inc. (LI) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Li Auto Inc. (LI) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 2.10, where 2 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Li Auto Inc. is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at -$0.03 with sales reaching $586.51M over the same period.The EPS is expected to shrink by -119.90% this year.

Li Auto Inc. (LI) Top Institutional Holders

143 institutions hold shares in Li Auto Inc. (LI), with 861.69k shares held by insiders accounting for 0.10% while institutional investors hold 9.55% of the company’s shares. The shares outstanding are 836.34M, and float is at 95.00M with Short Float at 22.96%. Institutions hold 9.54% of the Float.

The top institutional shareholder in the company is Ubs Asset Management Americas Inc with over 5.96 million shares valued at $171.9 million. The investor’s holdings represent 0.83% of the LI Shares outstanding. As of Dec 30, 2020, the second largest holder is Credit Suisse Ag/ with 4.63 million shares valued at $133.61 million to account for 0.64% of the shares outstanding. The other top investors are Aspex Management (HK) Ltd which holds 4.5 million shares representing 0.63% and valued at over $129.74 million, while FMR, LLC holds 0.55% of the shares totaling 3.99 million with a market value of $115.03 million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free