Jefferies downgraded Li Auto (LI) to Hold from Buy with a price target of $17.50, down from $28.80. The firm says competition in the company’s family SUV segment has intensified. Huawei’s strong product cycle in 2026 could further pressure Li Auto’s EREV lineup, the analyst tells investors in a research note. While Li’s debut of its first AI glass marks an initial move into AI hardware, meaningful commercialization of the company’s broader AI initiatives may take time, adds Jefferies. It views 2026 as a transition year for Li.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LI:
- Li Auto price target lowered to $15 from $17 at Macquarie
- Li Auto price target lowered to $18.50 from $20.20 at Citi
- Charged: EU sets guidance on price offers for Chinese EV exports
- EU provides guidance on price offers for EV exports from Chinese manufacturers
- Midday Fly By: Job growth comes in below forecasts in December