Li Auto Faces More Challenging Sales Outlook -- Market Talk

Dow Jones

2025/08/19

0648 GMT - Li Auto may face a more challenging sales growth outlook ahead and a less-favorable risk-reward profile, Bernstein analysts write in a note. The carmaker's sales are being weighed by intensified competition and slowing growth in the industry, they say. Li Auto's L-series plug-in hybrid pipeline is experiencing declining sales amid aggressive new product launches from competitors. The company's high-end PHEV segment, which has enjoyed over 100% on-year growth for the past two years, is now expected to slow significantly, they add. Bernstein downgrades Li Auto to market-perform from outperform and cuts its ADR target to US$26.00 from US$33.00. It also trims its H-share target to HK$102.00 from HK$128.00. Li Auto's H-shares are last at HK$93.95. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

August 19, 2025 02:48 ET (06:48 GMT)

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The carmaker's sales are being weighed by intensified competition and slowing growth in the industry, they say. Li Auto's L-series plug-in hybrid pipeline is experiencing declining sales amid aggressive new product launches from competitors. The company's high-end PHEV segment, which has enjoyed over 100% on-year growth for the past two years, is now expected to slow significantly, they add. Bernstein downgrades Li Auto to market-perform from outperform and cuts its ADR target to US$26.00 from US$33.00. It also trims its H-share target to HK$102.00 from HK$128.00. Li Auto's H-shares are last at HK$93.95. 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The carmaker's sales are being weighed by intensified competition and slowing growth in the industry, they say. Li Auto's L-series plug-in hybrid pipeline is experiencing declining sales amid aggressive new product launches from competitors. The company's high-end PHEV segment, which has enjoyed over 100% on-year growth for the past two years, is now expected to slow significantly, they add. Bernstein downgrades Li Auto to market-perform from outperform and cuts its ADR target to US$26.00 from US$33.00. It also trims its H-share target to HK$102.00 from HK$128.00. Li Auto's H-shares are last at HK$93.95. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 19, 2025 02:48 ET (06:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LI","symbol_name":"理想汽車","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2560168599","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560168599","pubTimestamp":1755586080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0648 GMT - Li Auto may face a more challenging sales growth outlook ahead and a less-favorable risk-reward profile, Bernstein analysts write in a note. The carmaker's sales are being weighed by intensified competition and slowing growth in the industry, they say. Li Auto's L-series plug-in hybrid pipeline is experiencing declining sales amid aggressive new product launches from competitors. The company's high-end PHEV segment, which has enjoyed over 100% on-year growth for the past two years, is now expected to slow significantly, they add. Bernstein downgrades Li Auto to market-perform from outperform and cuts its ADR target to US$26.00 from US$33.00. It also trims its H-share target to HK$102.00 from HK$128.00. Li Auto's H-shares are last at HK$93.95. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LI":"理想汽车"},"translate_title":"理想汽车面临更具挑战性的销售前景——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LI":1},"content_text":"0648 GMT - Li Auto may face a more challenging sales growth outlook ahead and a less-favorable risk-reward profile, Bernstein analysts write in a note. The carmaker's sales are being weighed by intensified competition and slowing growth in the industry, they say. Li Auto's L-series plug-in hybrid pipeline is experiencing declining sales amid aggressive new product launches from competitors. The company's high-end PHEV segment, which has enjoyed over 100% on-year growth for the past two years, is now expected to slow significantly, they add. Bernstein downgrades Li Auto to market-perform from outperform and cuts its ADR target to US$26.00 from US$33.00. It also trims its H-share target to HK$102.00 from HK$128.00. Li Auto's H-shares are last at HK$93.95. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 19, 2025 02:48 ET (06:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}