XPeng stock first took out the buy point on Oct. 25 on the heels of its tech day, with a 11.5% move that also carried it past an early entry. XPEV stock rose 2% to 48.53, reclaiming a 48.08 buy point from a 16-week consolidation. The other companies are Li Auto and WM Motor Technology Group.

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  • In that same time, the Auto-Tires-Trucks sector gained 6.65%, while the S&P 500 gained 5.55%.
  • Sales for the third quarter, reported in November, were up 52% from the previous quarter, 187% higher than a year earlier.
  • Its Jan. 11 closing price of $45.76 share was within pennies of where it was a year ago, when it was a much smaller outfit.
  • XPeng stock first took out the buy point on Oct. 25 on the heels of its tech day, with a 11.5% move that also carried it past an early entry.

It’s not as if the capital wasn’t available to Xpeng. The company raised $2.5 billion just weeks ago. It could easily have moved to sell another $2 billion in stock at some point in the coming months. Yes, shareholders are avoiding dilution, but proceeds from an equity dotbig forex offering don’t incur interest and, of course, don’t have to be paid back. This current average has decreased by 9.3% from the previous average price target of $50.12. David Moadel also thinks XPeng is undervalued. The Chinese market for electric vehicles is exploding.

What Is Xpeng’s Stock Price Forecast For 2022?

XPeng president Brian Gu pretends not to be worried. The issue has been around for a decade, and stocks can always be traded in Hong Kong, he says. IBD Videos Get market updates, educational videos, webinars, and stock analysis. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. Of the eight recommendations deriving the current ABR, six are Strong Buy, representing 75% of all recommendations. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.

Xpeng Stock

In addition to rolling out new models, XPeng cars are also selling well in Europe, especially Scandinavia, Europe’s most competitive electric vehicle market. Sponsored ADR currently XPEV stock price today has an average brokerage recommendation of 1.50 on a scale of 1 to 5 , calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms.

Xpeng Inc Class A

Including how to predict which stocks could plummet next, and which could boom in the coming recession. If you have any serious assets in the market, there is one critical step you must take now. The P/E ratio of XPeng is -22.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Despite its growth, XPeng continues to lose money. I may be wrong here, but I suspect https://dotbig.com/markets/stocks/XPEV/ will continue to tread water until economic and diplomatic skies clear. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Xpeng Profile

Factors like sluggish delivery growth and the delisting of other Chinese companies from U.S. exchanges have been weighing on the stock. Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast Forex news their beliefs to traders. If some of the uncertainty along those lines dissipates, there’s a strong chance that the stock will deliver impressive gains from current pricing levels. Last year, Xpeng delivered 98,155 smart electric vehicles , an increase of 263% year-over-year . During Q1, the company delivered 34,561 EVs, an increase of 159% YOY. Our Vandita Jadeja thinks 2022 should be even better for the Guangzhou company.

What Is Xpeng’s Stock Price Today?

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. XPEV’s full-year https://dotbig.com/ Zacks Consensus Estimates are calling for earnings of -$1.42 per share and revenue of $5.94 billion. These results would represent year-over-year changes of -65.12% and +81.9%, respectively. Ltd., Gunderson Capital Management Inc., Green Alpha Advisors LLC, ARK Investment Management LLC, and CTC LLC. Raised $1 billion in an IPO on Thursday, August 27th 2020.

AdvisorNet Financial Inc lifted its position in shares of XPeng by 213.3% during the 4th quarter. AdvisorNet Financial Inc now owns 940 shares of the company’s stock worth Forex news $47,000 after buying an additional 640 shares during the last quarter. IndexIQ Advisors LLC bought a new stake in shares of XPeng during the 4th quarter worth $87,000.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please https://www.ig.com/en/forex/what-is-forex-and-how-does-it-work see disclaimer. One share of XPEV stock can currently be purchased for approximately $24.50. XPeng’s stock is owned by a number of retail and institutional investors.

Continued to take a beating, falling more than 2.7% on Tuesday morning. The stock has fallen more than 5% in five sessions as news about Chinese police officials summoning dotbig review the company executives regarding a data breach hangs heavy on the stock. This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Any recent changes to analyst XPEV stock price estimates for XPeng Inc. Sponsored ADR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

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Data provided by Zacks Investment Research or calculated by FXEmpire. All numbers are rounded to the closest decimal. Sign up for a Robinhood brokerage account to buy or sell XPeng stock and options commission-free. There is no current Upright™ data available for XPEV. You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.