LI – Weekly Chart
The price of Li rallied sharply to the 125 level and has since found resistance there. That will be the key level to watch during the upcoming earnings release.
Li Auto posted an impressive 35% surge in the last quarter, coinciding with a robust delivery growth reported in early 2025. The announcement on March 1, showed a 29.7% increase in year-over-year vehicle deliveries for February totaling 26,263. That built on strong numbers for January and could help the company over the coming year.
The company listed on the Hang Seng Index in late 2023 marking a major milestone and reflecting its expanding market influence. The launch of the Li L6 in April 2024 and the earlier announcement of the Li MEGA added to the company’s product line and boosted investor confidence. The company also added a premium family SUV to its offerings and those models are helping to boost sales.
Meanwhile, corporate challenges have been a headwind with the June 2024 securities class action lawsuits, which may have pressured the stock’s valuation. Despite some hurdles, strong earnings growth, shown in the 61.3% increase in the past year, showcased Li Auto’s resilience.
The latest earnings report on Tuesday will determine whether the stock can vault above resistance and march higher again.
The post Li Auto Earnings Scheduled After Stock Rally Hits Resistance appeared first on ATFX Malaysia.