Is Li Auto Stock (NASDAQ:LI) Down and Out after Q1 Downgrade? [Yahoo! Finance]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Yahoo! Finance
In fact, Li Auto proved itself to be one of the big winners in the new energy vehicle (NEV) market in 2023, and unless we see a significant deviation from this trajectory, the stock continues to look undervalued with a forward price-to-earnings ratio around 16x and a price-to-earnings-to-growth (PEG) ratio of 0.8. Q1 Disappointment Li Auto issued a concerning note on 21 March, which resulted in the share price sliding more than 7% during that day alone. The Chinese NEV company said that deliveries for the first quarter would be significantly below the original estimate of 100,000 to 103,000 vehicles. The company now anticipates delivering between 76,000 and 78,000 vehicles Taking the midpoints of the previous guidance and the new guidance, we can observe a 24.1% decrease. That's pretty significant. Li didn't provide an update on revenue generation during the period. The update comes a couple of weeks after Li launched the MEGA — its first battery electric vehicle (BEV). While
Show less
Read more
Impact Snapshot
Event Time:
LI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LI alerts
High impacting Li Auto Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
LI
News
- Li Auto Stock Has 82% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- Why Shares of EV Stocks Nio, Li Auto, and XPeng Are Racing Higher Today [Yahoo! Finance]Yahoo! Finance
- ROSEN, A LEADING LAW FIRM, Encourages Li Auto Inc. Investors to Inquire About Securities Class Action Investigation – LIGlobeNewswire
- Renault talks to China's Li Auto and Xiaomi on tech collaboration [Reuters]Reuters
- Renault talks to China's Li Auto and Xiaomi on tech collaboration [Yahoo! Finance]Yahoo! Finance
LI
Sec Filings
- 4/23/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/12/24 - Form 6-K
- LI's page on the SEC website