Li Auto is expected to report first-quarter revenue of $3.14 billion and a consensus loss of $0.27 per share, with the stock currently trading at $15.89 against an average analyst price target of $21.16. Investors are primarily focused on vehicle gross margins as the company navigates an intensifying price war in the Chinese EV market and the reintroduction of a 5% purchase tax.
While Li Auto recently exceeded its quarterly delivery guidance by reaching 95,142 units, profitability remains under significant pressure following recent product mix shifts toward lower-priced models like the Li i6. The upcoming report will be scrutinized for updates on the upgraded Li L9 launch and management's strategy to stabilize margins and reclaim leadership in the extended-range SUV segment.