UBS downgrades XPeng to ‘sell' as EV momentum overly priced in [Yahoo! Finance]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Yahoo! Finance
Analysts raised their price target to $8.80 from $8.20, which is still more than 30% below its current trading level. While XPeng is showing promising momentum with its new models and cost optimizations, the note suggests that these positives are already "priced in” whereas the downside risks around valuation, subsidy dependence, extended-range electric vehicles (EREVs) execution, are not yet baked into the stock. XPeng's stock has risen over 50% since September driven by strong order intakes and delivery numbers for its newly launched MONA M03 and P7+ models, which exceeded market expectations. UBS noted vehicles' competitive pricing and improved features and generous scrappage subsidies in China behind the demand for these lower-priced EVs. UBS pointed to CPCA data, according to which the average vehicle prices in China declined to Rmb168k in Oct from Rmb186k in H124, as scrappage subsidies encouraged volume contributions of entry-level models to rise sharply. XPeng is tr
Show less
Read more
Impact Snapshot
Event Time:
LI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LI alerts
High impacting Li Auto Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
LI
News
- Smaller Chinese BEV manufacturers struggling with rising competition [Yahoo! Finance]Yahoo! Finance
- What's New With Xpeng Stock? [Forbes]Forbes
- What's Happening With Nio Stock? [Forbes]Forbes
- What's New With Li Auto Stock [Forbes]Forbes
- Li Auto Sees Surge in Deliveries and Market Dominance [Yahoo! Finance]Yahoo! Finance
LI
Sec Filings
- 12/16/24 - Form 6-K
- 12/9/24 - Form 144
- 12/5/24 - Form 6-K
- LI's page on the SEC website