Goldman Sachs analyst reiterated Buy rating on Li Auto with $43.6 PT. Q1 revenue missed estimates, but new launches and sales network expansion expected to drive growth. Stock down nearly 30% in past 12 months.
In this piece, I evaluated two electric vehicle stocks, Li Auto (NASDAQ:LI) and Lucid Group (NASDAQ:LCID), using TipRanks’ comparison tool to see which is the better buy. A closer look suggests a bullish view for Li Auto and a bearish view for Lucid Group. China-based Li Auto designs, develops, manufactures, and sells electric SUVs, while U.S.-based Lucid Group manufactures electric luxury sports cars and grand tourers, a type of luxury car designed for long-distance and high-speed driving. Shar