Li Auto Inc. (NASDAQ:L.I.) is one of the best electric vehicle charging stocks to buy now. Li Auto Inc. (NASDAQ:LI) maintains a Hold consensus from 8 analysts, with 2 Buys, 5 Holds, and 1 Sell. The average price target is $23.21, ranging between $17 and $32, suggesting a 26.2% upside from the current $18.39.
On November 26, Li Auto Inc. released its third-quarter 2025 financial results, reporting a non-GAAP diluted ADS net loss of RMB0.36 ($0.05), missing analyst consensus estimates of RMB0.64. Total revenue for the quarter reached RMB 27.4 billion ($3.8 billion), exceeding analyst expectations by 3.28%. However, the figure represents a 36.2% year-over-year decline, due to what management described as a sharp drop in vehicle deliveries amid supply chain disruptions and the impact of a recall of Li MEGA vehicles.
The company also posted a net loss of RMB 624.4 million ($87.7 million) during the quarter, a huge swing from net income of RMB 2.8 billion in the third quarter of 2024. Management explained that the swing was due to a 37.4% year-over-year decline in vehicle sales: total vehicle deliveries fell 39.0% to 93,211 units compared to the quarter of the previous year. As expected, gross profit plummeted 51.6% year-over-year to RMB 4.5 billion ($627.8 million), yielding a gross margin of 16.3%, down from 21.5%. Management attributed the compression to costs related to the Li MEGA recall and noted that excluding them, gross margin would have been 20.4%.
Li Auto Inc. (NASDAQ:LI) is a leading Chinese electric vehicle manufacturer that is aggressively building electric vehicle charging infrastructure. The company has committed more than RMB 6 billion to expand its supercharging network, aiming to have more than 5,000 supercharging stations by the end of 2025. These stations are equipped with patented 5C fast charging technology and are designed to cover 90% of China’s major highway routes and urban centers.
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Disclosure: None. This article was originally published in privileged monkey.