LI is trading at $18.18 (-4.16%) after JPMorgan downgraded the stock to Underweight, forecasting that the company could face losses by 2026.
- Analysts slashed the price target to $14 from $18, citing falling sales volumes, compressed margins, and a lack of new model launches.
- The downgrade reflects broader concerns as China's automotive sector enters negative growth territory amid slowing consumer demand and rising operational costs.