Li Auto revenue forecast misses estimates, sending U.S.-listed shares lower

Bernstein SocGen Group Reiterates Market Perform Rating on XPeng (XPEV)

Bernstein SocGen Group analyst Eunice Lee reiterated a Market Perform rating and $12.00 price target on XPeng (NYSE: XPEV)

The analyst comments "Q1 solid margin improvement. XPeng reported Q1 revenue of RMB 6.5bn, +62.3% YoY, -49.8% QoQ. YoY growth was driven by both volume growth... More

Barclays Reiterates Underweight Rating on XPeng (XPEV)

Barclays analyst Jiong Shao reiterated an Underweight rating and $8.00 price target on XPeng (NYSE: XPEV).

The analyst comments "XP 1Q results would have been broadly inline excluding the positive impact from high-margin tech services revenues from VW; first low end Mona... More

Li Auto Inc (2015:HK) (LI) PT Lowered to HK$205 at Morgan Stanley

Morgan Stanley analyst Tim Hsiao lowered the price target on Li Auto Inc (2015:HK) (NASDAQ: LI) to HK$205.00 (from HK$233.00) while maintaining a Overweight rating.

Li Auto (LI) PT Lowered to $53 at Morgan Stanley

Morgan Stanley analyst Tim Hsiao lowered the price target on Li Auto (NASDAQ: LI) to $53.00 (from $65.00) while maintaining a Overweight rating.

The analyst comments "We lower our price target to US$53, from US$65, but remain OW as we believe the... More

Morgan Stanley Pegs XPeng (XPEV) as a Research Tactical Idea

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $18.00 price target on XPeng (NYSE: XPEV)

The analyst comments "We believe the share price will rise in absolute terms over the next 15 days. This is because of an earnings release. We think... More

XPeng Inc. (XPEV) stock rises as revenue beats consensus despite quarterly decline

Chinese electric vehicle company XPeng Inc. (NYSE: XPEV) reported a beat on both earnings and revenue for the first quarter of 2024, sending its shares up 5.7% in early Tuesday trading.

The company's first-quarter earnings per share (EPS) came in at -RMB0.75, surpassing the analyst estimate of -RMB2.06. Revenue also exceeded expectations, reaching RMB6.55 billion against a consensus... More

Li Auto (LI) PT Lowered to $36 at BofA Securities

BofA Securities analyst Ming Hsun Lee lowered the price target on Li Auto (NASDAQ: LI) to $36.00 (from $41.00) while maintaining a Buy rating.

The analyst comments "Li Auto (Li) announced 1Q24 results and hosted a conference call on 20 May. Total revenue came in... More

CFRA Downgrades Li Auto (LI) to Sell

CFRA analyst Aaron Ho downgraded Li Auto (NASDAQ: LI) from Hold to Sell with a price target of $18.00 (from $50.00).

The analyst comments "We cut our 12-month target price to USD18 from USD50. The valuation reflects a 2024 P/B of 2x, a... More