Robust deliveries and new models may boost LI's H2 2026 performance despite margin risks

LI is expected to improve its performance in the second half of 2026 and fiscal year 2027 due to strong August deliveries, new model launches including the Li MEGA, i9 SUV, and refreshed i6, and accelerated global market expansion. The company’s strong balance sheet and share repurchases support its ability to handle near-term competition and ongoing cash burn. However, margin pressure from higher costs and possible delivery shortfalls in September and Q4 2026, combined with seasonal trading weakness, pose downside risks. Despite these challenges, LI remains a contrarian buy for patient investors, though risks related to valuation and past stock volatility remain.

Li Auto's stock price at USD 11.39 on Pluang shows a modest decline of 0.96% as of September 29, 2026, 11:11 WIB, contrasting with the company's optimistic outlook for the second half of 2026 and 2027. Despite the near-term risks highlighted, the market's current sentiment leans toward selling, with 85% of Pluang order activity favoring sell orders. The stock's market cap stands at $11.27 billion, and investors typically hold the stock for about 101 days on Pluang, indicating a medium-term interest horizon.