Li Auto (LI) Earnings Surge with October Vehicle Deliveries Reaching 40,422 Units: An In-depth Analysis

Li Auto on Smartkarma

Independent analysts on Smartkarma have been covering Li Auto with positive sentiment. In a research report authored by Shawn Yang, Li Auto was termed an emerging powerhouse and was reiterated as the top pick. Yang noted that the company’s launch of MEGA BEV in 4Q23 could be the next catalyst and raised the target price due to better-than-expected margin outlook. In another report, Yang noted that Li Auto’s share gain in Q1/Q2 reflects market consolidation and that the company’s weekly order intake remains robust. Additionally, Yang’s target price implies 2.8x price-to-sales ratio.

Overall, analysts on Smartkarma have been bullish on Li Auto due to its strong model cycle, channel expansion, and margin upside. The company’s upcoming MEGA BEV launch and robust order intake are also seen as positive drivers of growth in the near future.

A look at Li Auto Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Li Auto Inc. is a Chinese manufacturer of automobiles, specialising in the design, development and sale of smart new energy electric sport utility vehicles. With a Smartkarma Smart Score of 2 for Value, 1 for Dividend, 5 for Growth, 5 for Resilience and 4 for Momentum, Li Auto is looking at a long-term outlook that is very positive.

The company’s impressive Growth and Resilience scores indicate that Li Auto is well-positioned to grow and continue to thrive in the long-term. Furthermore, the Momentum score of 4 shows that the company is making great strides in the industry, and is likely to continue to do so.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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