XPEV is presently finishing out a falling wedge pattern. As shown on the 30-minute chart, exponential dotbig moving averages are falling and converging in the narrow area where VWAP is trending.
Gurus may be added or dropped from the GuruFocus site at any time. Past performance is a poor indicator of future performance. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily. XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People’s Republic of China.
Please see Open to the Public Investing’s Fee Schedule to learn more. “We believe China could see eye popping demand into 2021 and 2022 across the board with Tesla’s flagship Giga 3 footprint a major competitive advantage, as domestic players such as BYD, Nio, Xpeng, and Li also are also firing on all cylinders.” Market cap is the total market value of a publicly traded company’s outstanding https://dotbig.com/ shares. Xpeng Inc. is incorporated in the state of Cayman Islands. Xpeng Inc is primarely in the business of motor vehicles & passenger car bodies. For financial reporting, their fiscal year ends on December 31st. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Xpeng Inc..
XPeng Inc. ADR
XPeng Incorporated designs and manufactures electric vehicles in China. It offers SUVs under the G3 and G3i names; sports sedans under the P7 name; and smart electric vehicles and family sedans under the P5 name. The company also provides EV maintenance services, super-fast charging, vehicle leasing, an insurance agency, a ride-hailing platform, technical support, automotive loan referrals and financing, music subscriptions, and other services. XPeng was founded in 2015 and is headquartered in Guangzhou, PRC. SectorIndustryMarket XPEV stock price CapRevenue Auto/Tires/TrucksAuto Manufacturers – Foreign$9.796B$3.294B XPeng Inc. designs, develops, manufactures and markets Smart electric vehicles principally in China. The day after its earnings update, Citi analyst Jeff Chung reiterated his ‘buy’ rating on the stock, calling the company a top pick for the EV sector following its promising Q4 results. According to Chung, the company has a “very strong” order backlog and could see long-term growth if lithium prices fall and delivery numbers remain robust.
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As a result, nearly 23,000 people have reserved the upcoming SUV in the first 24 hours. Ahead of Xpeng’s earnings, how are its two stocks faring by comparison? The stock plummeted 53.1% to the close on 19 May, hitting $23.61. Its HK listing is only slightly ahead, down 51.3% year-to-date to HKD90.85 on 19 May. The Company’s shares, began trading on https://www.plus500.com/en-US/Trading/Forex the Main Board of the HKEX on July 7, 2021, are fully fungible with the Company’s American Depositary Shares on the New York Stock Exchange . Under the Stock Connect programs, qualified Mainland Chinese investors can access eligible Hong Kong shares , subject to specified daily quotas. What analysts recommend for XPEV stock, on a scale from 1 to 5.
Growth Rank
If you believe the strong China thesis, it’s most likely to deliver outsized gains. While the company’s business is continuing to grow, concerns are also growing about China’s economy and the falling yuan, now trading at 7.14 to the dollar. On 5 May, the day after the SEC announced the list, its US shares were trading down by 13.5%, while its Hong Kong’s shares [9868.HK] were down 10.9% a day later on 6 May. Rival Chinese EV maker Li Auto — also at de-listing threat — was down 5.5% on 6 May, while fellow competitor Nio was down 15.2% on 5 May. Up till recently, XPeng appeared to be one of the safer US-listed Chinese stocks. It has a dual-primary listing, appearing on the Hong Kong exchange under the ticker 9868.HK and on the New York Stock Exchange as XPEV.
- It offers SUVs under the G3 and G3i names; sports sedans under the P7 name; and smart electric vehicles and family sedans under the P5 name.
- Its HK listing is only slightly ahead, down 51.3% year-to-date to HKD90.85 on 19 May.
- The earnings update comes at an interesting time for US-listed Chinese stocks.
- For Q4, the company expects between 20,000 and 21,000 deliveries, a year-over-year drop in the range of 49.7% to 52.1%.
Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Xpeng’s market cap is calculated by multiplying XPEV’s current stock price of $11.45 by XPEV’s total outstanding shares of 1,718,162,864. The company’s own guidance for the quarter forecasts revenue of RMB7.2bn–7.3bn, implying a Forex year-over-year increase of around 144%. Deutsche Bank forecasts revenue of RMB7.41bn and an adjusted earnings per share loss of RMB2.33, while analysts polled by Bloomberg predicted revenue of RMB7.37bn and a RMB1.9 loss per share. It’s down 9% since trading opened on Sept. 29, opening at about $12.50 per share, a market capitalization of about $10.5 billion.
XPeng Price Targets
According to Zacks, its earnings loss of $0.22 per share was a “breakeven surprise”. rocketed to an all-time high of 74.49 intraday on Nov. 24, but dropped nearly 42% intraday on Dec. 10, according to MarketSmith chart analysis. While the shares lost over 84% year-to-date , the potential seems to be there even among the analysts who see a whopping 400%+ recovery in the share price over the next 12 months. XPEV is currently trading near the lower end of its 52-week range, with an average trading volume of 20 million shares traded daily. However, more recently, the number of shares traded almost doubled in a few sessions. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice.
Analyst ratings
The Company aims developing full-stack autonomous driving technology, in-car intelligent operating system and core… GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does dotbig not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations.
If you had invested in xpeng stock forecast at $21.22, your return over the last 2 years would have been -46.04%, for an annualized return of -26.54% . Overall, this stock passed 8/33 due dilligence checks and has weak fundamentals, according to our automated analysis.
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Provide specific products and services to you, such as portfolio management or data aggregation. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. The official G9 launch and opening of official orders are expected in September, with deliveries in China beginning in Q4. There are plans to deliver the G9 to European markets as well, but XPeng has not shared the https://dotbig.com/markets/stocks/XPEV/ pertinent details of that rollout yet. What may be most enticing, however, are the new 480 kW S4 superchargers XPeng continues to tease. When asked, the automaker wouldn’t share what charge rate the G9 and its 800V platform could reach on one of these piles or when rollout would begin, so stay tuned for more on that because we’re very intrigued to learn more. Xpeng is the weakest of the three Chinese EV stocks trading in the U.S.
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