XPeng projects lower-than-expected Q3 revenue on stiff competition
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August 21, 2024 6:20 AM EDT
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
August 21, 2024 6:12 AM EDT
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
August 21, 2024 5:12 AM EDT
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
August 20, 2024 3:17 PM EDT
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
