Li Auto Inc has a consensus price target of $34.86 based on the ratings of 12 analysts. The high is $53 issued by Morgan Stanley on May 21, 2024. The low is $19 issued by JP Morgan on August 29, 2024. The 3 most-recent analyst ratings were released by Barclays, Macquarie, and Citigroup on November 4, 2024, October 4, 2024, and September 30, 2024, respectively. With an average price target of $31.2 between Barclays, Macquarie, and Citigroup, there's an implied 32.43% upside for Li Auto Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Li Auto (NASDAQ:LI) was reported by Barclays on November 4, 2024. The analyst firm set a price target for $31.00 expecting LI to rise to within 12 months (a possible 31.58% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Li Auto (NASDAQ:LI) was provided by Barclays, and Li Auto maintained their equal-weight rating.
The last upgrade for Li Auto Inc happened on February 6, 2024 when Deutsche Bank raised their price target to $41. Deutsche Bank previously had a hold for Li Auto Inc.
The last downgrade for Li Auto Inc happened on October 4, 2024 when Macquarie changed their price target from $25 to $33 for Li Auto Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Li Auto, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Li Auto was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Li Auto (LI) rating was a maintained with a price target of $22.00 to $31.00. The current price Li Auto (LI) is trading at is $23.56, which is within the analyst’s predicted range.
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