Earnings Alerts

Li Auto (LI) Earnings: May Vehicle Deliveries Surge 24% with Strong Growth in Retail Network

  • Vehicle Deliveries: Li Auto delivered 35,020 vehicles in May 2024.
  • Year-Over-Year Growth: This represents a 24% increase compared to May 2023, when 28,277 vehicles were delivered.
  • Total Stores: Li Auto now operates 487 stores.
  • Store Growth: The number of stores has increased by 55% year-over-year.
  • Analyst Ratings: The current analyst consensus includes 30 buys, 1 hold, and 1 sell.

Li Auto on Smartkarma

Analyst coverage of Li Auto on Smartkarma reveals a diverse range of opinions on the company’s performance and future prospects. Eric Wen‘s bullish outlook maintains a BUY rating for Li Auto, despite the decision to delay the BEV launch to 2025. The analyst highlights the company’s strengths in the SUV niche, healthy margin, and strong cash position, though the target price has been lowered to $25.

In contrast, Ming Lu‘s bearish perspective suggests a Sell rating for Li Auto due to negative operating profit and slowed revenue growth in 1Q24. Despite previous high growth and profit in 4Q23, the analyst now views the stock as overvalued compared to Tesla, recommending a cautious approach. Both analysts provide valuable insights into Li Auto’s performance, offering investors varying viewpoints to consider.


A look at Li Auto Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience5
Momentum2
OVERALL SMART SCORE3.2

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 showing a promising long-term outlook based on the Smartkarma Smart Scores. With a high Growth score of 5 and Resilience score of 5, the company appears to be well-positioned for sustained expansion and strong performance even in challenging times. Combining innovation with a focus on sustainability, Li Auto sets itself apart as a manufacturer of smart new energy electric sport utility vehicles in China.

While the Value score sits at a solid 3 and Momentum at 2, the company’s overall outlook seems positive. Despite a lower Dividend score of 1, investors may find value in Li Auto’s growth potential and ability to weather market fluctuations. As the automotive industry continues to evolve towards electric vehicles, Li Auto’s unique positioning could drive future success for the company.


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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