Li Auto (LI) shares jump as Q4 revenue and deliveries exceed estimates
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CFRA Upgrades Li Auto (LI) to Hold
February 27, 2024 1:35 PM ESTCFRA analyst Aaron Ho upgraded Li Auto (NASDAQ: LI) from Sell to Hold with a price target of $50.00 (from $35.00).
The analyst comments "We revise our 12-month target price to USD50 from USD35. The valuation reflects a 2024 P/B of 6x, at parity to Li Auto's... More
Li Auto Inc. (LI) Tops Revenue Estimates; Misses on Guidance
February 26, 2024 3:58 AM ESTLi Auto Inc. (NASDAQ: LI) reported Q4 EPS of RMB4.23. Revenue for the quarter came in at RMB41.73 billion versus the consensus estimate of RMB39.8 billion.
GUIDANCE:
Li Auto Inc. sees Q1 2024 revenue of RMB31.25-32.2 billion, versus the consensus of RMB36.37... More
