Form 144 XPENG INC. Filed by: Taobao China Holding Ltd

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Go back to Form 144 XPENG INC. Filed by: Taobao China Holding Ltd

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