XPeng Inc. (XPEV) stock rises as revenue beats consensus despite quarterly decline
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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
China's Xpeng sees higher quarterly deliveries as promotions boost EV demand
May 21, 2024 5:38 AM EDTBy Zaheer Kachwala
(Reuters) -Xpeng forecast a rise in second-quarter deliveries on Tuesday as price cuts help the electric-vehicle maker to attract more buyers in a competitive Chinese market, sending its U.S.-listed shares 4% higher.
The automaker expects to hand over between 29,000 and 32,000 vehicles, an increase of about 25% to 37.9% from a year earlier, as discounts aid sales of its G6 and G9 electric SUVs.
Xpeng also plans... More
XPeng Inc. (XPEV) Tops Q1 EPS by 131c; misses on outlook
May 21, 2024 5:38 AM EDTXPeng Inc. (NYSE: XPEV) reported Q1 EPS of (RMB0.75), RMB1.31 better than the analyst estimate of (RMB2.06). Revenue for the quarter came in at RMB6.55 billion versus the consensus estimate of RMB6.19 billion.
GUIDANCE:
XPeng Inc. sees Q2 2024... More
XPeng (XPEV) Launches AI-powered In-car OS
May 20, 2024 11:09 AM EDTXPENG Motors (NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, today showcased its cutting-edge advancements in AI technology and announced the full rollout of the XOS 5.1.0, Tianji, in-car OS to all eligible XPENG models during the XPENG AI DAY event themed "Pioneering a new era of smart AI driving."
At the press conference, XPENG Chairman and CEO He Xiaopeng also announced major news: "The first model of the MONA series will debut in June this year," and clearly outlined XPENG's new market positioning as the global pioneer... More
XPeng Inc. (XPEV) May weekly option implied volatility into quarter results
May 20, 2024 10:34 AM EDTXPeng Inc. (NYSE: XPEV) May weekly call option implied volatility is at 133, June is at 87; compared to its 52-week range of 62 to 98 into the expected release of quarter results before the bell on May 21.
... MoreLi Auto revenue forecast misses estimates, sending U.S.-listed shares lower
May 20, 2024 6:15 AM EDTInvesting.com -- Li Auto Inc (NASDAQ: LI) unveiled a forecast for current-quarter revenue and deliveries that were both below analysts' expectations, sending U.S.-listed shares in the Chinese electric vehicle maker lower in premarket trading on Monday.
Beijing-based Li Auto moved to slash prices on four of its five models in April and refund customers who had purchased those models earlier this year, in a... More
Li Auto revenue forecast misses estimates, sending U.S.-listed shares lower
May 20, 2024 6:15 AM EDTInvesting.com -- Li Auto Inc (NASDAQ: LI) unveiled a forecast for current-quarter revenue and deliveries that were both below analysts' expectations, sending U.S.-listed shares in the Chinese electric vehicle maker lower in premarket trading on Monday.
Beijing-based Li Auto moved to slash prices on four of its five models in April and refund customers who had purchased those models earlier this year, in a... More
XPeng Inc. (XPEV) May weekly 8.5 straddle into quarter results
May 20, 2024 4:36 AM EDTXPeng Inc. (NYSE: XPEV) May weekly 8.5 straddle priced for a move of 12.5% into the expected release of quarter results before the bell on May 21.
... More