The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Li Auto Inc. (NASDAQ:LI) is one of the 10 Fastest Growing Asian Stocks to Buy Now.

On June 10, 2026, HSBC analyst Yuqian Ding lowered the firm's price target on Li Auto Inc. (NASDAQ:LI) to $15.60 from $17.20 and kept a Hold rating. Ding cut HSBC's 2026 through 2028 earnings forecasts below consensus, citing a more cautious stance on Li Auto's "relatively weaker" new car cycle and overall profitability outlook.

Earlier in June, Li Auto Inc. (NASDAQ:LI) announced that it delivered 33,350 vehicles in May. As of May 31, cumulative deliveries reached 1,702,792. Since March this year, monthly deliveries of Li i6 have consistently exceeded 20,000 units. In May, the company launched and began deliveries of the all-new Li L9, starting a new product update cycle for the Li L series. Within two weeks of launch, the all-new Li L9 Livis received more than 10,000 orders.

Last month, Barclays lowered its price target on Li Auto Inc. (NASDAQ:LI) to $14 from $18 and kept an Equal Weight rating after updating its model following the Q1 report.

Li Auto Inc. (NASDAQ:LI) operates in the energy vehicle market in the People's Republic of China.

While we acknowledge the potential of LI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.