Morgan Stanley maintained its Overweight rating on Li Auto with a $26.00 price target. This valuation suggests a 60.7% potential upside from the recent closing price of $16.18.
Analysts labeled the electric vehicle maker’s stock as severely underpriced. The bank noted a significant disconnect between the current share price and the company's fundamental value.
The positive outlook follows the May 15, 2026, launch of the Li L9 premium six-seat family SUV. Investors now look toward the company's first-quarter 2026 financial results scheduled for release on May 28.