LI Stock Summary and Trading Ideas (Li Auto - American Depositary Shares | NASDAQ:LI)

Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 500,000 NEVs in 2024, accounting for about 4% of China's passenger new energy vehicle market. Beyond Li One, the company expands its product line, including both BEVs and PHEVs, to target a broader consumer base.

Li Auto - American Depositary Shares trades on the NASDAQ stock market under the symbol LI.

As of April 8, 2025, LI stock price declined to $19.79 with 13,044,482 million shares trading.

LI has a beta of 0.87, meaning it tends to be less sensitive to market movements. LI has a correlation of 0.06 to the broad based SPY ETF.

LI has a market cap of $21.18 billion. This is considered a Large Cap stock.

In the last 3 years, LI traded as high as $47.33 and as low as $12.52.

The top ETF exchange traded funds that LI belongs to (by Net Assets): AVEM, PGJ, AVES, SMOG, KOMP.

LI has underperformed the market in the last year with a price return of -36.7% while the SPY ETF lost -2.9%. However, in the short term, LI had mixed performance relative to the market. It has outperformed in the last 3 months, returning -14.7% vs -15.5% return in SPY. But in the last 2 weeks, LI shares have been beat by the market, returning -24.0% compared to an SPY return of -13.7%.

LI support price is $20.67 and resistance is $22.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LI shares will trade within this expected range on the day.