China International Capital Corp (CICC) maintained an "Outperform" rating on Li Auto. The investment bank stated that past sales failures are fully priced into the stock.
CICC advised investors to focus on future developments. These include upcoming variants and upgrades for the L-series range-extended models.
The report also highlighted Li Auto's emerging AI ecosystem. This ecosystem features AI glasses and robots.
This analysis follows Li Auto's dismissal of false rumors regarding massive store closures and layoffs. The company clarified it plans to close only a small number of underperforming retail locations.
CICC suggests confidence in Li Auto's ongoing operational adjustments and product pipeline.