Li Auto
About: Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 376,000 NEVs in 2023, accounting for about 4% of China's passenger new energy vehicle market. Beyond Li One, the company expands its product line, including both BEVs and PHEVs, to target a broader consumer base.
Employees: 31,591
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
49% more capital invested
Capital invested by funds: $1.35B [Q2] → $2.02B (+$665M) [Q3]
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
33% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 8 (+2) [Q3]
15% more call options, than puts
Call options by funds: $389M | Put options by funds: $338M
8% more funds holding
Funds holding: 195 [Q2] → 211 (+16) [Q3]
0.18% more ownership
Funds ownership: 4.28% [Q2] → 4.46% (+0.18%) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 66
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Jiong Shao 71% 1-year accuracy 27 / 38 met price target | 32%upside $31 | Equal-Weight Maintained | 4 Nov 2024 |
Macquarie Eugene Hsiao 0% 1-year accuracy 0 / 2 met price target | 40%upside $33 | Neutral Downgraded | 4 Oct 2024 |
Citigroup Jeff Chung 50% 1-year accuracy 2 / 4 met price target | 26%upside $30 | Neutral Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 9 articles about LI published over the past 30 days
