Research Note

  • Citi upgrades Nio to Buy, raises price target to .3 Nio

    Citi upgrades Nio to Buy, raises price target to $58.3

    Citi's price target implies the bank sees 51% upside for Nio shares, which were closed at $38.62 as of Friday.

    2
  • Analysts explain why Li Auto ditches Mobileye in favor of local self-driving chip Li Auto

    Analysts explain why Li Auto ditches Mobileye in favor of local self-driving chip

    Mobileye's ecosystem is more closed and a local chip can provide Li Auto with a greater control.

    1
  • Deutsche Bank cuts Li Auto price target to $27, says EV maker shows encouraging signs but not game-changing Li Auto

    Deutsche Bank cuts Li Auto price target to $27, says EV maker shows encouraging signs but not game-changing

    Edison Yu's team maintained a Hold rating on Li Auto but lowered its price target by $5 to $27 amid the broader re-rating in EV-related assets.

    0
  • Analysts praise Li Auto's move to ditch Mobileye in favor of local chips Li Auto

    Analysts praise Li Auto's move to ditch Mobileye in favor of local chips

    To analysts, this is not only a smart move by Li Auto, but also heralds the upgrade of China's auto industry chain.

    0
  • Analysts say sodium-ion batteries have little chance of replacing lithium-ion batteries CATL

    Analysts say sodium-ion batteries have little chance of replacing lithium-ion batteries

    The strategic importance of sodium batteries as a technology reserve and to ensure China's energy security should be valued, but their commercial value should not be overestimated.

    2
  • Deutsche Bank says bottom may be near for Xpeng shares Xpeng

    Deutsche Bank says bottom may be near for Xpeng shares

    Edison Yu's team believes that if EV industry investor sentiment stabilizes in the coming months, Xpeng's stock will recover quickly due to its clean growth pathway and existing leadership position in ADAS/AD technology in the second half of the year.

    3
  • Deutsche Bank's first look at Xpeng Q1 earnings: Solid results as previewed Xpeng

    Deutsche Bank's first look at Xpeng Q1 earnings: Solid results as previewed

    Vehicle margin benefitted from recognition of XPILOT software revenue and lower material costs (+330bps QoQ to 10.1%, ahead of our 9.7%).

    3
  • Deutsche Bank cuts Xpeng price target to from ahead of Q1 earnings Xpeng

    Deutsche Bank cuts Xpeng price target to $43 from $48 ahead of Q1 earnings

    Xpeng closed down 4.61 percent to $25.46 on Monday amid a broad market sell-off, down about 58 percent from its recent high of $60.04 in late January.

    3
  • Deutsche Bank raises gross margin estimates for Nio, reiterates Buy rating Nio

    Deutsche Bank raises gross margin estimates for Nio, reiterates Buy rating

    Deutsche Bank analyst Edison Yu's team raises Nio's gross margin forecast by 250bps to 20.3 percent, leading to a higher EPS estimate.

    3
  • JP Morgan calls Nio's Q1 results 'clean beat' during industry headwinds Nio

    JP Morgan calls Nio's Q1 results 'clean beat' during industry headwinds

    JP Morgan reiterated its Overweight rating on Nio and its $70 price target, about 80 percent above the stock's Thursday close of $38.99.

    3