Morgan Stanley Positive on XPeng (XPEV) Post Earnings, 'March sales will likely grow to 8.2-9.7k units'

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XPeng (XPEV) PT Lowered to $18.60 at Jefferies

March 20, 2024 12:38 PM EDT

Jefferies analyst Alexious Lee lowered the price target on XPeng (NYSE: XPEV) to $18.60 (from $25.30) while maintaining a Buy rating.

The analyst comments "XPeng reported 4Q23 results with rev up 153.9% YoY and 53% QoQ to RMB13.1bn and net loss narrowed by... More

XPeng (XPEV) PT Lowered to $13.50 at BofA Securities

March 20, 2024 12:36 PM EDT

BofA Securities analyst Ming Hsun Lee lowered the price target on XPeng (NYSE: XPEV) to $13.50 (from $14.80) while maintaining a Buy rating.

The analyst comments "Xpeng reported 4Q23 results and hosted conference call: 4Q23 revenue came in at RMB13bn, up 154% YoY / 53%... More

XPeng (XPEV) PT Lowered to $15 at US Tiger Securities

March 20, 2024 11:59 AM EDT

US Tiger Securities analyst Bo Pei lowered the price target on XPeng (NYSE: XPEV) to $15.00 (from $20.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our BUY rating but decreasing PT to $15 (was $20) after XPEV beat 4Q margins, but with 1Q guidance implying weak seasonality and intense industry competition. With 4Q deliveries (60,158) preannounced, investors primarily focused on 4Q margin, 1Q guidance and '24 outlook. Vehicle margin was 4.1% in 4Q, down 161bps y/y but up 1,011bps... More

Morgan Stanley Opens Research Tactical Idea on XPeng (XPEV)

March 20, 2024 4:07 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $18.00 price target on XPeng (NYSE: XPEV).

The analyst comments "We believe the share price will rise in absolute terms over the next 45 days. This is because the stock has traded off recently,... More

XPeng (XPEV) posts better-than-expected earnings, margin for Q4; stock climbs

March 19, 2024 7:30 AM EDT

XPeng (NYSE: XPEV) reported better-than-expected loss per share and gross margin for the fiscal fourth quarter, sending its shares climbing more than 2% in premarket trading.

The Chinese electric vehicle (EV) maker reported net losses narrowing to 1.57 billion yuan ($221.2 million), or 1.51 yuan per American depositary share (ADS),... More

XPeng Inc. (XPEV) Terminates Relevant Agreement with Taobao China

March 19, 2024 6:16 AM EDT

(Updated - March 19, 2024 6:21 AM EDT)

XPeng Inc. (NYSE: XPEV) announced termination of relevant agreement with Taoboa China.

The company will continue collaborating with Alibaba Group (NYSE: BABA) in various areas such as R&D, marketing services.... More

China's Xpeng sees higher EV deliveries after ending 2023 with smaller loss

March 19, 2024 6:08 AM EDT

(Reuters) -Electric vehicle maker Xpeng reported a smaller-than-expected quarterly loss and forecast a rise in deliveries during the January-March period, offering some respite to investors worried about the toll from a price war in the China auto market.

U.S.-listed shares of the Guangzhou-based company, which lost nearly a quarter of their market value this year, gained about 3% in premarket trading.

The company posted an adjusted loss per... More

XPeng Inc. (XPEV) March weekly option implied volatility into quarter results

March 18, 2024 10:56 AM EDT

XPeng Inc. (NYSE: XPEV) March weekly call option implied volatility is at 152, April is at 85; compared to its 52-week range of 62 to 98 into the expected release of quarter results before the bell on March 19.

... More

XPeng Inc. (XPEV) call put ratio 1 call to 1 put into quarter results

March 18, 2024 4:07 AM EDT

XPeng Inc. (NYSE: XPEV) March weekly 9.5 straddle priced for a move of 13% into the expected release of quarter results before the bell on March 19.

... More

Xpeng to launch cheaper EV brand amid fierce China price competition

March 17, 2024 1:35 AM EDT

BEIJING (Reuters) - Chinese electric-vehicle (EV) maker Xpeng announced plans to launch a cheaper brand, entering a highly competitive segment amid an intense price competition in the EV industry.

Models of the brand, to be launched within the next month, will be priced between 100,000 yuan and 150,000 yuan ($14,000-$21,000),... More

XPeng Inc. (XPEV) option IV elevated into quarter results

March 15, 2024 10:56 AM EDT

XPeng Inc. (NYSE: XPEV) March weekly call option implied volatility is at 111, April is at 83; compared to its 52-week range of 62 to 98 into the expected release of quarter results before the bell on March 19.

... More

China Urges EV Makers to Buy Local Chips as US Clash Escalates - Bloomberg

March 15, 2024 5:23 AM EDT

(Updated - March 15, 2024 6:12 AM EDT)

China Urges EV Makers to Buy Local Chips as US Clash Escalates - Bloomberg

The Chinese government has been quietly asking electric-vehicle makers to sharply increase their purchases from local auto chipmakers.The countrys tech overseer previously set an... More

XPeng Inc. (XPEV) March weekly 9.5 straddle into quarter results

March 15, 2024 3:55 AM EDT

XPeng Inc. (NYSE: XPEV) March weekly 9.5 straddle priced for a move of 13% into the expected release of quarter results before the bell on March 19.

... More