Macquarie Keeps an Underperform Rating on Li Auto Inc. (LI)

Li Auto Inc. (NASDAQ:LI) is among the 7 Best EV Battery Stocks to Buy Now.

Macquarie Keeps an Underperform Rating on Li Auto Inc. (LI)

On January 16, 2026, TheFly reported that Macquarie kept its Underperform rating and dropped its price objective for Li Auto Inc. (NASDAQ:LI) from $17 to $15. The firm stated that significant cash discounts on long-range electric car models, such as the L9 and L8, could impede an upsurge of revenue. Furthermore, Macquarie stated that growing input costs are putting pressure on profits. It further added that, considering the fierce competition in the BEV SUV market, the planned i9 and i7 battery electric vehicle releases are unlikely to be major draws for drivers.

Separately, on January 15, 2026, Citi reaffirmed its Neutral rating and lowered its price target for Li Auto Inc. (NASDAQ:LI) from $20.20 to $18.50. Citi downgraded its sales predictions for 2026 and 2027, noting lower-than-expected January orders, aging of the L series product lineup, higher rivalry challenges, and bigger price concessions throughout the market.

Li Auto Inc. (NASDAQ:LI) is a leading Chinese NEV company that creates, produces, and markets high-end smart NEVs.

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Disclosure: None. This article is originally published at Insider Monkey.