Li Auto (NASDAQ:LI) Shares Gap Down – Here’s Why

Li Auto Inc. Sponsored ADR (NASDAQ:LI)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $15.78, but opened at $15.04. Li Auto shares last traded at $15.3840, with a volume of 1,987,350 shares changing hands.

Key Li Auto News

Here are the key news stories impacting Li Auto this week:

• Negative Sentiment: Li Auto reported a first-quarter loss of $0.33 per share, missing expectations for a $0.27 loss, while revenue fell 11.4% from a year earlier, signaling weaker-than-expected profitability and sales. Li and XPeng Both Miss Earnings Estimates. One Chinese EV Maker’s Stock Is Rising.
• Negative Sentiment: The company is facing slower demand for its hybrid vehicles, with reports highlighting shrinking margins and a swing toward losses, which may raise concerns about the durability of its business model. Li Auto Suffers Loss as Hybrid Sales Slow, Shrinking Margins
• Neutral Sentiment: Li Auto said first-quarter deliveries rose 2.5% year over year to 95,142 vehicles and revenue totaled RMB23.0 billion, showing the company is still moving volume even as profitability remains weak. Li Auto Inc. Announces Unaudited First Quarter 2026 Financial Results
• Neutral Sentiment: Short-interest data showed essentially no reported short position, so it does not appear to be a major driver of the stock’s move today.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LI shares. Sanford C. Bernstein set a $19.00 price target on Li Auto and gave the company a “market perform” rating in a report on Friday, March 13th. BNP Paribas Exane upgraded Li Auto from an “underperform” rating to a “neutral” rating in a report on Wednesday, April 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Li Auto in a report on Friday, March 27th. Piper Sandler upgraded Li Auto from a “neutral” rating to an “outperform” rating in a report on Friday, March 13th. Finally, JPMorgan Chase & Co. raised their price objective on Li Auto from $14.00 to $15.50 and gave the company an “underweight” rating in a report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.55.

Li Auto Trading Down 2.6%

The business’s 50-day moving average price is $17.85 and its 200 day moving average price is $17.71. The company has a market cap of $16.41 billion, a P/E ratio of 118.28 and a beta of 0.63. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.68 and a current ratio of 1.81.

Li Auto (NASDAQ:LI) last announced its quarterly earnings data on Sunday, March 22nd. The company reported ($0.06) EPS for the quarter. Li Auto had a net margin of 0.99% and a return on equity of 1.52%. The firm had revenue of $545.61 million during the quarter. As a group, analysts expect that Li Auto Inc. Sponsored ADR will post 0.12 earnings per share for the current year.

Hedge Funds Weigh In On Li Auto

A number of hedge funds and other institutional investors have recently bought and sold shares of LI. Goldman Sachs Group Inc. grew its holdings in Li Auto by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,636,156 shares of the company’s stock worth $66,431,000 after purchasing an additional 1,505,991 shares during the period. SIH Partners LLLP boosted its holdings in shares of Li Auto by 184.7% during the fourth quarter. SIH Partners LLLP now owns 2,199,063 shares of the company’s stock worth $37,230,000 after acquiring an additional 1,426,745 shares during the period. Maxi Investments CY Ltd bought a new stake in shares of Li Auto during the third quarter worth approximately $16,040,000. Hsbc Holdings PLC boosted its holdings in shares of Li Auto by 648.8% during the fourth quarter. Hsbc Holdings PLC now owns 727,702 shares of the company’s stock worth $12,259,000 after acquiring an additional 630,516 shares during the period. Finally, Barclays PLC boosted its holdings in shares of Li Auto by 167.0% during the fourth quarter. Barclays PLC now owns 536,718 shares of the company’s stock worth $9,087,000 after acquiring an additional 335,718 shares during the period. Institutional investors own 9.88% of the company’s stock.

About Li Auto

Li Auto Inc is a Chinese automotive company that develops, manufactures and sells smart electric vehicles, with an early focus on range-extended electric SUVs designed for family use. The company is headquartered in China and serves the domestic market through a combination of online channels and a network of retail/showroom locations. Li Auto was founded to address range-anxiety in electric vehicle buyers by integrating a small internal-combustion engine as a range extender alongside a large battery, enabling longer driving range while retaining electric driving characteristics.

The company’s product lineup centers on multi‑occupant SUVs that combine electric propulsion, advanced in‑vehicle connectivity and driver‑assistance features.