Is Autohome a buy?
Autohome has received a consensus rating of Buy. The company’s average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Why is Autohome stock dropping?
The culprit behind the decline is hardly unique to China, and is mostly related to a global chip shortage that has put a huge damper on new car production worldwide. At the same time, Autohome announced a $200 million share buyback to support its battered stock that has lost about two-thirds of its value this year.
What does Autohome Inc do?
Autohome Inc. operates as an automotive Internet platform. The Company through its platform provides buying and selling cars. Autohome also offers financing services.
How does Autohome make money?
Autohome is essentially a royalty on advertising spending of car manufacturers and dealers in China. In some ways, it is similar to the newspaper business in the old days before internet.
Who is the founder of well known website Autohome?
Li Xiang
Autohome was founded in June 2005 by Li Xiang, the founder of Pcpop.com, an online platform for digital and consumer electronics.
Who is the owner of Li Auto?
Mr. Li Xiang
Mr. Li Xiang is the Founder, the Chief Executive Officer and the Chairman of the Board of the Company.
Is Li auto listed in China?
(“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced that the Company’s Class A ordinary shares, which are listed and traded on the Stock Exchange of Hong Kong Limited (“HKEX”), have been included in the Shenzhen-Hong Kong Stock Connect program.
How many shares of Li Auto does Cango own?
39 million shares
An important point here is that Cango is a minority investor in China auto manufacturer Li Auto (LI) with 39 million shares representing an approximate market value of $1 billion.
Is Li stock a good investment?
The 31 analysts offering 12-month price forecasts for Li Auto Inc have a median target of 38.68, with a high estimate of 59.95 and a low estimate of 18.76. The median estimate represents a +60.62% increase from the last price of 24.08.
Which stock is best for EV?
Tesla stock, the top auto and EV stock by market capitalization, has an IBD Composite Rating of 95 and an EPS Rating of 77. Tesla (TSLA) also earns an RS Rating of 94, meaning that it has outperformed 94% of all stocks in IBD’s database over the past year.
Is Cango stock a good buy?
Cango Inc (NYSE:CANG)
The 1 analysts offering 12-month price forecasts for Cango Inc have a median target of 2.73, with a high estimate of 2.73 and a low estimate of 2.73. The median estimate represents a +22.86% increase from the last price of 2.22.
What does Cango company do?
Cango Inc. is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China’s auto finance industry, the Company is headquartered in Shanghai and has a nationwide business.
What will LI stock be worth in 5 years?
Based on our forecasts, a long-term increase is expected, the “LI” stock price prognosis for 2027-09-13 is 39.826 USD. With a 5-year investment, the revenue is expected to be around +54.24%. Your current $100 investment may be up to $154.24 in 2027.
How high can LI stock go?
Li Auto Inc (NASDAQ:LI)
The 31 analysts offering 12-month price forecasts for Li Auto Inc have a median target of 39.06, with a high estimate of 60.54 and a low estimate of 18.95. The median estimate represents a +46.46% increase from the last price of 26.67.
Which company will dominate EV?
Tesla Inc.
Tesla Inc. (ticker: TSLA) is the clear EV market leader, but it has been operating mostly free of competition. EV startups and legacy automakers are bringing new EV models to the market, and Bank of America analyst John Murphy estimates Tesla’s EV market share will fall from 70% in 2021 to just 11% by 2025.
What is the number 1 EV stock?
Tesla stock
Tesla stock, the top auto and EV stock by market capitalization, has an IBD Composite Rating of 95 and an EPS Rating of 77. Tesla (TSLA) also earns an RS Rating of 94, meaning that it has outperformed 94% of all stocks in IBD’s database over the past year.
What does Cango do?
How high can li stock go?
Is Li a buy or sell?
Li Auto’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 9 Wall Streets Analysts. When is Li Auto’s upcoming earnings report date? Li Auto’s upcoming earnings report date is Nov 17, 2022 which is in 62 days.
Is LI a Buy Sell or Hold?
Li Auto has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Who is Tesla’s biggest future competitor?
Who Are Tesla’s Top 3 Competitors? Ford, GM, NIO, and Volkswagen are four of Tesla’s main competitors. China’s BYD, sold over 590,000 vehicles in 2021 and is a contender. Another Chinese company, SGMW, sold over 450,000 EVs in 2021.
What EV company is the next Tesla?
BYD and Nio are the next Tesla – Future Readiness Article.
What company is making the Forever battery?
QuantumScape
This is more than just “talk.” QuantumScape is backing it up with real-world data. In December 2020, the company released performance data for its forever battery technology. And it broadly underscored that these batteries are a complete game-changer.
Which car company can beat Tesla?
Who is dominating the EV market?
Tesla vehicles
For the entire year of 2020, Tesla vehicles accounted for 79% of new electric vehicles registered in the United States. In 2021, that number went down to 69.95%, but that’s still impressive with EV delivery volumes significantly increasing throughout the year along with Tesla’s prices.