XPeng Inc. (XPEV) May weekly 8.5 straddle into quarter results
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Morgan Stanley Pegs XPeng (XPEV) as a Research Tactical Idea
May 21, 2024 8:19 AM EDTMorgan 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 15 days. This is because of an earnings release. We think... More
XPeng Inc. (XPEV) stock rises as revenue beats consensus despite quarterly decline
May 21, 2024 6:22 AM EDTChinese electric vehicle company XPeng Inc. (NYSE: XPEV) reported a beat on both earnings and revenue for the first quarter of 2024, sending its shares up 5.7% in early Tuesday trading.
The company's first-quarter earnings per share (EPS) came in at -RMB0.75, surpassing the analyst estimate of -RMB2.06. Revenue also exceeded expectations, reaching RMB6.55 billion against a consensus... More
