XPeng Inc. (XPEV) May weekly 8.5 straddle into quarter results

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Go back to XPeng Inc. (XPEV) May weekly 8.5 straddle into quarter results

Morgan Stanley Pegs XPeng (XPEV) as a Research Tactical Idea

May 21, 2024 8:19 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 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 EDT

Chinese 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