Li Auto Inc. (NASDAQ: LI) is -24.52% lower on its value in year-to-date trading and has touched a low of $16.86 and a high of $41.49 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 $23.10 in the last trading session, with the day’s gains setting it 1.13% off its average median price target of $267.14 for the next 12 months. It is also 94.22% off the consensus price target high of $419.31 offered by 34 analysts, but current levels are 77.89% higher than the price target low of $109.59 for the same period.
Currently trading at $24.23, the stock is -10.39% and -21.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.08 million and changing 4.89% at the moment leaves the stock -16.01% off its SMA200. LI registered -11.28% loss for a year compared to 6-month gain of -11.18%.
The stock witnessed a -17.47% loss in the last 1 month and extending the period to 3 months gives it a -38.25%, and is -6.12% 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 5.56% over the week and 5.26% over the month.
Li Auto Inc. (LI) has around 15157 employees, a market worth around $27.70B and $5.25B in sales. Fwd P/E is 13.67. Profit margin for the company is -1.00%. Distance from 52-week low is 43.71% and -41.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.40%).
Li Auto Inc. (LI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Li Auto Inc. (LI) is a “Buy”. 34 analysts offering their recommendations for the stock have an average rating of 1.70, where 3 rate it as a Hold and 4 think it is a “Overweight”. 27 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Li Auto Inc. is expected to release its quarterly report on 11/18/2022.The EPS is expected to grow by 61.10% this year
Li Auto Inc. (LI) Top Institutional Holders
The shares outstanding are 965.40M, and float is at 864.07M with Short Float at 3.75%.