The price of XPeng Inc. (NYSE:XPEV) shares last traded on Wall Street fell -2.96% to $9.51.
Based on available information, 36 analysts follow XPeng Inc. (NYSE:XPEV). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $103.12 and a low of $17.52, we find $64.79. Given the previous closing price of $9.80, this indicates a potential upside of 561.12 percent. XPEV stock price is now -2.42% away from the 50-day moving average and -17.61% away from the 200-day moving average. The market capitalization of the company currently stands at $8.99B.
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Among analysts, 9 rate the stock a hold while 19 rate it a buy. Brokers who have rated the stock have averaged $65.42 as their price target over the next twelve months.
With the price target enhanced from $4.20 to $9.30, Jefferies Upgraded its rating from Underperform to Hold for XPeng Inc. (NYSE: XPEV). On March 24, 2023, Bernstein Downgraded its previous ‘Outperform’ rating to ‘Mkt Perform’ on the stock reducing its target price from $16 to quote $12, while ‘HSBC Securities’ rates the stock as ‘Hold’.
A total of 1.29% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in XPEV stock. A new stake in XPeng Inc. shares was purchased by ELECTRON CAPITAL PARTNERS, LLC during the first quarter worth $21,897,000. TWO SIGMA INVESTMENTS, LP invested $18,025,000 in shares of XPEV during the first quarter. In the first quarter, XY CAPITAL LTD acquired a new stake in XPeng Inc. valued at approximately $5,985,000. LMR PARTNERS LLP acquired a new stake in XPEV for approximately $4,205,000. ARDMORE ROAD ASSET MANAGEMENT LP purchased a new stake in XPEV valued at around $3,606,000 in the second quarter. In total, there are 355 active investors with 33.10% ownership of the company’s stock.
A candlestick chart of XPeng Inc. (NYSE: XPEV) showed a price of $9.58 on Tuesday morning. During the past 12 months, XPeng Inc. has had a low of $6.18 and a high of $35.35. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.80, and a quick ratio of 1.60. The fifty day moving average price for XPEV is $9.75 and a two-hundred day moving average price translates $11.47 for the stock.
The latest earnings results from XPeng Inc. (NYSE: XPEV) was released for Dec, 2022. According to the Auto Manufacturers Company, earnings per share came in at -$0.4, missing analysts’ expectations of -$0.35 by -0.05. This compares to -$0.24 EPS in the same period last year. The net profit margin was -34.00% and return on equity was -23.30% for XPEV. The company reported revenue of $745.24 million for the quarter, compared to $1.33 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -44.07 percent. For the current quarter, analysts expect XPEV to generate $746.32M in revenue.
