Tiger Securities Lowers Li Auto’s Price Target to $24
- Rating
- Buy
- Unchanged
- Target
- $24
- from $28 (−14%)
- Upside
- +92%
- LI at $12.53 today
What the analyst said
US Tiger Securities analyst Bo Pei lowered on November 28, 2025, the price target on Li Auto to $24 (from $28), while maintaining a ‘Buy’ rating on the stock.
“We are maintaining our BUY rating but decreasing price target to $24 (was $28). Li Auto reported a soft Q3 as deliveries fell 39% YoY to 93,211 units due to supply-chain constraints, product mix transition, and the MEGA recall impact.
Revenue dropped 36% YoY to RMB27.4bn and gross margin declined to 16.3%, or 20.4% ex-recall.
While near-term financials remain under pressure, we see the quarter as marking a strategic reset, with important positive signals emerging across BEV momentum, product pipeline, and AI capabilities.
Management also formally announced a return to an entrepreneurial operating model, which we believe will enhance execution speed and product-cycle clarity into 2026.”
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
Where the price stands
LI trades at $12.53. The 5 analysts who set a target in the last 3 months range from $13 to $16, with a median of $14.20. This $24 target is 69% above the median, the highest on the Street.
Since the note LI has moved −32% (from $18.43). 12-month window: day 343 of 365, closes on November 28, 2026.
Track record
This callOpen: LI has not reached $24 yet. This 12-month target is scored on November 28, 2026.
Firm track recordToo early to score US Tiger Securities: price targets are 12-month calls and fewer than 5 of its targets are a year old. How we score
US Tiger Securities on Li Auto
US Tiger Securities price targets on Li Auto
2 calls from November 28, 2025 to August 26, 2026. The target went from $24 to $16 (−33%). The rating stayed Buy.
- August 26, 2026Target cut from $24 (−33%)Buy$16
- November 28, 2025 This noteEarliest call shownBuy$24
