10 Best EV Stocks to Buy According to Hedge Funds

7. Li Auto Inc. (NASDAQ:LI)

No. of Hedge Funds: 23

Li Auto Inc. (NASDAQ:LI) gains an entry into the list of 10 best EV stocks to buy according to hedge funds. Following a revision of the second quarter delivery outlook, the stock’s rating gains mixed opinions among analysts.

Pointing to a temporary sales system upgrade, Li Auto Inc. (NASDAQ:LI) revised its Q2 2025 delivery outlook from a range of 123,000-128,000 to approximately 108,000 vehicles on June 27, 2025. The news initially caused market apprehension, but subsequent results proved the company’s resilience. Later, when reporting the company’s second-quarter performance, the company announced that the deliveries came in at 111,074 vehicles, exceeding its revised guidance, signaling strong demand for the products.

Analyst opinion on the stock, however, remains mixed after the revision. Based on the CNN’s analyst report, 42 analysts have given a consensus Buy rating on the stock, with a 1-year median price target of $27.98, an 18.32% upside from the current price. Meanwhile, some prominent analysts like J.P. Morgan firmly maintain a Hold rating on the stock.

Insider Monkey noted 23 hedge funds invested in the stock as of the second quarter of 2025, representing a moderate level of institutional interest in Li Auto Inc. (NASDAQ:LI).

Li Auto Inc. (NASDAQ:LI) is a pioneer in the commercialization of extended-range electric vehicles (EREVs), a technology that combines electric propulsion with a gasoline-powered range extender to alleviate range anxiety. Founded in 2015, the company operates from its headquarters in Beijing.