why Li Auto Inc ADR [LI] is a Good Choice for Investors After New Price Target of $30.47

Li Auto Inc ADR [NASDAQ: LI] stock went on a downward path that fall over -2.72% on Tuesday, amounting to a one-week price decrease of less than -5.86%.

Over the last 12 months, LI stock dropped by -45.03%. The one-year Li Auto Inc ADR stock forecast points to a potential upside of 28.36. The average equity rating for LI stock is currently 1.53, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $17.79 billion, with 814.93 million shares outstanding and 798.17 million shares in the current float. Compared to the average trading volume of 8.45M shares, LI stock reached a trading volume of 4506865 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Li Auto Inc ADR [LI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LI shares is $30.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LI stock is a recommendation set at 1.53. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Macquarie have made an estimate for Li Auto Inc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 04, 2024. The new note on the price target was released on September 04, 2024, representing the official price target for Li Auto Inc ADR stock. Previously, the target price had yet another raise to $25, while CLSA analysts kept a Outperform rating on LI stock.

The Average True Range (ATR) for Li Auto Inc ADR is set at 1.03, with the Price to Sales ratio for LI stock in the period of the last 12 months amounting to 0.90. The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 18.63.

LI Stock Performance Analysis:

Li Auto Inc ADR [LI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.86. With this latest performance, LI shares dropped by -25.06% in over the last four-week period, additionally plugging by 8.28% over the last 6 months – not to mention a drop of -45.03% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LI stock in for the last two-week period is set at 37.89, with the RSI for the last a single of trading hit 32.72, and the three-weeks RSI is set at 41.79 for Li Auto Inc ADR [LI]. The present Moving Average for the last 50 days of trading for this stock 25.23, while it was recorded at 22.39 for the last single week of trading, and 25.04 for the last 200 days.

Insight into Li Auto Inc ADR Fundamentals:

Li Auto Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.64 and a Current Ratio set at 1.76.

LI Stock EPS

With the latest financial reports released by the company, Li Auto Inc ADR posted 4.23/share EPS, while the average EPS was predicted by analysts to be reported at 2.32/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.91. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Li Auto Inc ADR go to 10.04%.

Li Auto Inc ADR [LI] Institutonal Ownership Details

The top three institutional holders of LI stocks are: XIAMEN XINWEIDACHUANG INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP) with ownership of 9.15 million shares, which is approximately 0.9215%. RENAISSANCE TECHNOLOGIES LLC, holding 7.25 million shares of the stock with an approximate value of $$129.69 million in LI stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$122.75 million in LI stock with ownership which is approximately 0.6912%.