XPeng Inc. (XPEV) Tops Q1 EPS by 131c; misses on outlook
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Why Citi remains bearish on XPeng (XPEV) stock despite VW partnership
May 22, 2024 1:43 PM EDTCiti analysts still have a bearish view of XPeng Inc. (NYSE: XPEV) shares following the Chinese electric vehicle company's first-quarter earnings release, which saw it top profit and revenue expectations.
XPeng reported Q1 EPS of (RMB0.75), RMB1.31 better than the analyst... More
Bernstein SocGen Group Reiterates Market Perform Rating on XPeng (XPEV)
May 22, 2024 5:47 AM EDTBernstein SocGen Group analyst Eunice Lee reiterated a Market Perform rating and $12.00 price target on XPeng (NYSE: XPEV)
The analyst comments "Q1 solid margin improvement. XPeng reported Q1 revenue of RMB 6.5bn, +62.3% YoY, -49.8% QoQ. YoY growth was driven by both volume growth... More
Barclays Reiterates Underweight Rating on XPeng (XPEV)
May 22, 2024 5:46 AM EDTBarclays analyst Jiong Shao reiterated an Underweight rating and $8.00 price target on XPeng (NYSE: XPEV).
The analyst comments "XP 1Q results would have been broadly inline excluding the positive impact from high-margin tech services revenues from VW; first low end Mona... More
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
