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

Li Auto Inc. Sponsored ADR (NASDAQ:LI)’s stock price gapped down before the market opened 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 traded.

Key Stories Impacting Li Auto

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.

Analysts Set New Price Targets

LI has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Li Auto in a report on Friday, March 27th. The Goldman Sachs Group cut shares of Li Auto from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research note on Tuesday, March 17th. Piper Sandler upgraded shares of Li Auto from a “neutral” rating to an “outperform” rating in a research note on Friday, March 13th. Sanford C. Bernstein set a $19.00 price objective on shares of Li Auto and gave the stock a “market perform” rating in a research note on Friday, March 13th. Finally, Wall Street Zen upgraded Li Auto from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Li Auto presently has an average rating of “Hold” and an average target price of $18.55.

Li Auto Trading Down 2.6%

The company has a quick ratio of 1.68, a current ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $16.41 billion, a P/E ratio of 118.28 and a beta of 0.63. The firm has a 50 day moving average of $17.85 and a 200-day moving average of $17.71.

Li Auto (NASDAQ:LI) last issued its quarterly earnings results on Sunday, March 22nd. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $545.61 million during the quarter. Li Auto had a net margin of 0.99% and a return on equity of 1.52%. On average, equities research analysts predict that Li Auto Inc. Sponsored ADR will post 0.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Li Auto

Several institutional investors have recently made changes to their positions in LI. Goldman Sachs Group Inc. boosted its stake in shares of Li Auto by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,636,156 shares of the company’s stock valued at $66,431,000 after buying an additional 1,505,991 shares during the period. SIH Partners LLLP lifted its stake in 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 purchasing an additional 1,426,745 shares during the last quarter. Maxi Investments CY Ltd bought a new stake in Li Auto during the third quarter worth $16,040,000. Hsbc Holdings PLC lifted its stake in 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 purchasing an additional 630,516 shares during the last quarter. Finally, Barclays PLC lifted its stake in 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 purchasing an additional 335,718 shares during the last quarter. 9.88% of the stock is currently owned by institutional investors.

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.