Plunge 18%! At What Price Would You Bottom LI?

Li Auto announced its Q1 2024 results, with net profit declining quarter-on-quarter. The financial report shows that in the first quarter of 2024, Li Auto's total revenue was 25.6 billion yuan, of which automotive sales revenue was 24.3 billion yuan, a year-on-year increase of 32.3% but a quarter-on-quarter decrease of 39.9%. ----------- At what price would you bottom Li Auto? What's your target price after the earnings plunge?

💡 Stocks of the week (19 May-25 May)

Hey Tigers!I am Tiger Observer, sharing market information with you! 🔎🔎🔎I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!Weekly movers:Last week, $NVIDIA Corp(NVDA)$ surged over 15%, surpassing 1000. This spike was primarily due to its fourth-quarter earnings far exceeding expectations, with revenue reaching $22.1 billion and a forecast of $24 billion for the next quarter. Additionally, significant purchases of high-performance GPUs by tech giants like Meta and Tesla for AI projects boosted market confidence in NVIDIA. Several Wall Street analysts also raised their price targets, f
💡 Stocks of the week (19 May-25 May)
avatarEV_Dig
05-21

Earnings Digest | Does Li Auto Still Have a Future?

$Li Auto(LI)$ $LI AUTO-W(02015)$ released its first-quarter earnings report yesterday, and the stock price plummeted nearly 20%! It was such a shocking scene.Last September, I pointed out that the success factor of Li Auto, $NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ and $XPeng Inc.(XPEV)$ $XPENG-W(09868)$ relied on being early birds, but ultimately, they fell victim to intensifying competition. And now, Li Auto was following in the footsteps of XPENG and NIO. Who's next? Maybe
Earnings Digest | Does Li Auto Still Have a Future?
avatarTiger V
05-21

Optimizing Options Trading: Evaluating LI Investment

Overview of Overall Markets: The broader market remains volatile as companies navigate fluctuating demand and economic pressures. In the EV sector, competition and cost management are critical, influencing stock movements and investor sentiment. Li Auto (LI): Current Position and Analysis Market Performance: - Earnings Impact: On May 20, 2024, Li Auto's stock dropped 12% to USD 21.71 following a disappointing earnings report. - Financial Metrics: First-quarter net profit fell 36% year-over-year, operating expenses rose 71%, and vehicle deliveries decreased compared to the fourth quarter of 2023. - Outlook: Li Auto forecasts increased vehicle deliveries in the second quarter, aiming for 105,000 to 110,000 units, but still below market expectations. Evaluation of Existing Option Po
Optimizing Options Trading: Evaluating LI Investment

Will you trade the unsual volatility?

Several outlier options on May 20 followed several market-focused events. $Li Auto(LI)$ reported Q1 earnings. It turned out to be a big miss on the profit side of the equation, panicking investors in a thunderous way, with the stock dropping will the $21 position, hence the massive unwinding of the $23 (current week to expiration) CALL options.$Hims & Hers Health Inc.( HIMS)$ also shot up nearly 30% on the launch of a weight-loss pill that's 80% cheaper than Eli Lilly's, while the IV of Call, which expires at 19 this week, spiked to 193% as more speculative money joined in.Also, the meme ticker continues, $Faraday Future (FFIE)$ After
Will you trade the unsual volatility?

How difficult Li is in this very competitive, cutthroat market!

$Li Auto(LI)$ $LI AUTO-W(02015)$ 1Q24 results miss on both revenue and EPS.This was made worse by a lower than expected 2Q24 guidance of 105k to 110k vehicle deliveries - still a growth of ~25% YoY. Operating expenses grew out of proportion to revenues primarily due to significant hike in employee count and salaries. This is likely to correct in 2Q24 and fully reflected in 3Q24.From the looks of it, their Li MEGA isn't doing very well. This division faces the largest layoffs (called "staff optimization") as demand for $78K multipurpose vehicle (a.k.a Cyber Van) isn't up to expectations.Proves just how difficult it is in this very competitive, cutthroat market. $XPeng
How difficult Li is in this very competitive, cutthroat market!

Li Auto (LI US): 1Q24, A List of Bad News

⬇ $Li Auto (LI)$ - Operating profit turned negative due to the price war and the failure of new model. Sales volume disappeared from the industry top-10 list and revenue growth slowed down to zero in April. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/li-auto-li-us-1q24-a-list-of-bad-news?utm_source=tiger_community By Ming Lu, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/ming-lu?utm_source=tiger_community On Li Auto (LI):- https://www.smartkarma.com/entities/li-auto-inc?utm_source=tiger_community
Li Auto (LI US): 1Q24, A List of Bad News
$Li Auto(LI)$   🔥BREAKING: Li Auto reported negative free cash flow of $700 million for Q1 2024 as revenue declined -39% quarter-on-quarter.
avatarDr Rck
05-20
Already they are facing resistance, what about TSLA? In tandem with LI's forecast for Q2?
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avatarSonnyM
05-21
$Li Auto(LI)$  down by half. Listed at 11.50, wonder if it goes back there