XPeng Inc. (XPEV) Tops Q2 EPS by 105c; Misses on outlook

XPeng (XPEV) PT Lowered to $8 at JPMorgan

JPMorgan analyst Nick Lai lowered the price target on XPeng (NYSE: XPEV) to $8.00 (from $9.00) while maintaining a Neutral rating.

The analyst comments "XPengs 2Q24 results on 20 Aug were broadly in line with little surprise although 3Q24 delivery guidance is a... More

XPeng (XPEV) PT Lowered to $10 at BofA Securities

BofA Securities analyst Ming Hsun Lee lowered the price target on XPeng (NYSE: XPEV) to $10.00 (from $11.00) while maintaining a Buy rating.

The analyst comments "XPeng announced 2Q24 results and hosted a conference call on 20 August. Total revenue came in at... More

Bernstein SocGen Group Reiterates Market Perform Rating on XPeng (XPEV)

Bernstein SocGen Group analyst Eunice Lee reiterated a Market Perform rating and $9.00 price target on XPeng (NYSE: XPEV)

The analyst comments "Q2 margin beat on VW & Other. XPeng reported Q2 revenue of RMB 8.1bn, +60.2% YoY and +23.9% QoQ. YoY growth was driven by both volume growth... More

XPeng (XPEV) PT Lowered to $7.60 at Citi

Citi analyst Jeff Chung lowered the price target on XPeng (NYSE: XPEV) to $7.60 (from $8.30) while maintaining a Neutral rating.

The analyst comments "This report summarizes our thoughts on Xpengs MONA model launch and ADAS development. We slightly lift 2024-26E... More

Morgan Stanley Reiterates Overweight Rating on XPeng (XPEV)

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $11.70 price target on XPeng (NYSE: XPEV)

The analyst comments "XPeng's net loss of Rmb1.28bn in 2Q24 narrowed from Rmb1.37bn in 1Q24, inline with our previous forecast of a Rmb1.3bn loss: 2Q total revenue... More

XPeng delivers soft guidance despite strong Q2 earnings beat; shares slip

XPeng (NYSE: XPEV) issued lower-than-expected Q3 revenue guidance, pushing its shares 1% lower in the premarket trade.

For the fiscal Q2, the electric vehicle (EV) maker posted a loss per share of 0.65 yuan, notably better than the anticipated loss per share of 1.70 yuan.

The company's revenue for the quarter reached 8.11 billion yuan,... More