HSBC Keeps Hold Rating on Li Auto (LI)

Li Auto Inc. (NASDAQ:LI) is one of the 10 Fastest Growing Asian Stocks to Buy Now.

On June 10, 2026, HSBC analyst Yuqian Ding lowered the firm’s price target on Li Auto Inc. (NASDAQ:LI) to $15.60 from $17.20 and kept a Hold rating. Ding cut HSBC’s 2026 through 2028 earnings forecasts below consensus, citing a more cautious stance on Li Auto’s “relatively weaker” new car cycle and overall profitability outlook.

Earlier in June, Li Auto Inc. (NASDAQ:LI) announced that it delivered 33,350 vehicles in May. As of May 31, cumulative deliveries reached 1,702,792. Since March this year, monthly deliveries of Li i6 have consistently exceeded 20,000 units. In May, the company launched and began deliveries of the all-new Li L9, starting a new product update cycle for the Li L series. Within two weeks of launch, the all-new Li L9 Livis received more than 10,000 orders.

HSBC Keeps Hold Rating on Li Auto (LI)

Last month, Barclays lowered its price target on Li Auto Inc. (NASDAQ:LI) to $14 from $18 and kept an Equal Weight rating after updating its model following the Q1 report.

Li Auto Inc. (NASDAQ:LI) operates in the energy vehicle market in the People’s Republic of China.

While we acknowledge the risk and potential of LI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LI and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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