Li Auto's Weaker-Than-Expected Sales May Weigh on 2025 Earnings -- Market Talk

Dow Jones
Jul 02, 2025

0958 GMT - Li Auto's weaker-than-expected sales order may weigh on its earnings and revenue this year, Deutsche Bank Bin Wang writes in a note. The company's June deliveries fell 24% on year to 36,279 units, lower than its original guidance of between 482,000 to 532,000 units, Wang says. The company attributed the sales volume decline to its sales system upgrade, Wang adds. The organization restructuring negatively affected Li Auto's near-term sales performance, although this might positively benefit its sales in the medium and long term, DB says. The brokerage cut its 2025 revenue and net profit estimates by 7.1% and 18.9%, respectively. DB maintains a buy rating for the stock but lowers the target price to HK$145.00 from HK$148.00. Shares last closed at HK$103.60.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

July 02, 2025 05:58 ET (09:58 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10