Insights
Deutsche Bank says Li Auto's Q2 report and guidance 'non-events'
Despite reporting a stronger-than-expected performance for the second quarter, Li Auto's guidance for the future doesn't seem to be as exciting as Nio or Xpeng Motors.
Deutsche Bank raises price target on Xpeng by $1 to $51, maintains Buy rating
Edison Yu's team maintained a Buy rating on Xpeng and raised their price target by $1 to $51 to reflect their higher expectations for the company's future deliveries.
CITIC Securities says BYD's reasonable market value should exceed RMB 1 trillion
More analysts believe BYD's market capitalization will exceed 1 trillion yuan.
Citi initiates coverage on Li Auto with Buy rating and HK$165 price target
Citi has initiated coverage of Li Auto's Hong Kong shares with a Buy rating and a HK$165 price target. Li Auto closed at HK$106.3 on Tuesday, and the price target implies a 55 percent upside.
CITIC Securities initiates coverage on Xpeng with Buy rating and $55 price target
Xpeng closed down 6.58 percent to $37.51 in the US on Monday, and the target price implies 47 percent upside.
CICC initiates coverage on Li Auto H shares with Outperform rating and HK$187 price target
Li Auto closed at HK$ 106.4 in Hong Kong on Monday, and CICC's price target implies 76 percent upside.
Everbright Securities lowers Nio price target by 4% to $48.53, maintains Buy rating
A team at Everbright Securities lowered its earnings forecast and price target for Nio after the company announced its second-quarter earnings report.
Deutsche Bank raises delivery forecast for Nio over next two years, reiterates Buy rating and $60 price target
The team maintained its $60 price target based on 8x 2023E EV/sales, down from 9x previously to account for a broader re-rating of the EV-related stock.
Analysts give BYD target valuation of RMB 1.5 trillion
Following analysts' claims not long ago that BYD would move toward a market capitalization of RMB 1 trillion, there is now a more optimistic team.
Goldman Sachs gives Li Auto's H-shares initial rating of "Buy" with target price of HK$240
This represents a 103 percent upside compared to Li Auto's offering price of HK$118.