In the latest trading session, 1.08 million Li Auto Inc ADR (NASDAQ:LI) shares changed hands as the company’s beta touched 0.89. With the company’s most recent per share price at $27.58 changed hands at -$0.04 or -0.14% at last look, the market valuation stands at $22.48B. LI’s current price is a discount, trading about -23.64% off its 52-week high of $34.10. The share price had its 52-week low at $17.44, which suggests the last value was 36.77% up since then. When we look at Li Auto Inc ADR’s average trading volume, we note the 10-day average is 9.69 million shares, with the 3-month average coming to 6.46 million.
Analysts gave the Li Auto Inc ADR (LI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.59. If we narrow down to specifics, the data shows that 0 out of 17 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended LI as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Li Auto Inc ADR’s EPS for the current quarter is expected to be 0.64.
Li Auto Inc ADR (NASDAQ:LI) trade information
Instantly LI was in red as seen in intraday trades today. With action -7.23%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 14.97%, with the 5-day performance at -7.23% in the red. However, in the 30-day time frame, Li Auto Inc ADR (NASDAQ:LI) is 7.61% up. Looking at the short shares, we see there were 30.62 million shares sold at short interest cover period of 4.21 days.
The consensus price target for the stock as assigned by Wall Street analysts is 31.3, meaning bulls need an upside of 11.88% from its recent market value. According to analyst projections, LI’s forecast low is 15 with 38.5 as the target high. To hit the forecast high, the stock’s price needs a -39.59% plunge from its current level, while the stock would need to tank 45.61% for it to hit the projected low.
Li Auto Inc ADR (LI) estimates and forecasts
Year-over-year growth is forecast to reach 17.31% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 25.12B. 4 analysts are of the opinion that Li Auto Inc ADR’s revenue for the current quarter will be 34.4B. The company’s revenue for the corresponding quarters a year ago was 25.63B and 31.68B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.01%. The estimates for the next quarter sales put growth at 8.60%.
The 2025 estimates are for Li Auto Inc ADR earnings to decrease by -3.16%, but the outlook for the next 5-year period is at 20.47% per year.
Li Auto Inc ADR (NASDAQ:LI)’s Major holders
The share float percentage for the stock currently stands at 9.10%. There are 9.10% institutions holding the Li Auto Inc ADR stock share, with XIAMEN XINWEIDACHUANG INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP) the top institutional holder. As of 2024-06-30, the company held 0.871% of the shares, roughly 9.15 million LI shares worth $163.66 million.
RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 0.7302% or 7.25 million shares worth $129.69 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Fidelity Series Emerging Markets Opportunities Fund and Avantis Emerging Markets Equity ETF. With 797.92 shares estimated at $21.91 million under it, the former controlled 0.09% of total outstanding shares. On the other hand, Avantis Emerging Markets Equity ETF held about 0.08% of the shares, roughly 716.1 shares worth around $19.67 million.
