XPeng (XPEV) Delivered 9,026 EVs in March 2024

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CFRA Upgrades XPeng (XPEV) to Hold, 'we see net losses narrowing year-over-year in 2024'

April 1, 2024 1:41 PM EDT

CFRA analyst Aaron Ho upgraded XPeng (NYSE: XPEV) from Sell to Hold with a price target of $8.00.

The analyst comments "We keep our 12-month target price of USD8, which implies a 2024 consensus P/B of 2.3x. XPeng posted a 2023 loss per... More

Morgan Stanley on XPeng (XPEV): 'March sales hit goal'

April 1, 2024 9:28 AM EDT

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

The analyst comments "XPeng's March sales rose 99% MoM and 29% MoM, to YTD high of 9k units. Thanks to solid ramp of X9, March sales hit guidance, taking 1Q24 deliveries to... More