Li Auto Inc ADR (LI) stock price forecast predicts $49.73 value

Li Auto Inc ADR [LI] stock prices are up 7.63% to $26.95 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LI shares have gain 8.19% over the last week, with a monthly amount drifted -11.00%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Li Auto Inc ADR [NASDAQ: LI] stock has seen the most recent analyst activity on April 25, 2024, when Barclays downgraded its rating to a Equal Weight but kept the price target unchanged to $25 for it. On February 06, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $41 on the stock. Goldman started tracking the stock assigning a Buy rating. Jefferies initiated its recommendation with a Buy and recommended $20.66 as its price target on November 28, 2022. In a note dated April 04, 2022, HSBC Securities initiated an Buy rating and provided a target price of $35 on this stock.

The stock price of Li Auto Inc ADR [LI] has been fluctuating between $22.26 and $47.33 over the past year. Currently, Wall Street analysts expect the stock to reach $49.73 within the next 12 months. Li Auto Inc ADR [NASDAQ: LI] shares were valued at $26.95 at the most recent close of the market. An investor can expect a potential return of 84.53% based on the average LI price forecast.

Analyzing the LI fundamentals

The Li Auto Inc ADR [NASDAQ:LI] reported sales of 17.39B for trailing twelve months, representing a surge of 132.77%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.22 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.25 points at the first support level, and at 25.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.31, and for the 2nd resistance point, it is at 27.67.

Ratios To Look Out For

It’s worth pointing out that Li Auto Inc ADR [NASDAQ:LI]’s Current Ratio is 1.57. On the other hand, the Quick Ratio is 1.48, and the Cash Ratio is 1.26. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 2.59 and price to earnings (TTM) ratio is 17.48.

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