There’s Still Time to Buy XPeng Inc ADR (NYSE:XPEV) Stock

In yesterday’s Wall Street session, XPeng Inc ADR (NYSE:XPEV) shares traded at $15.53, down -2.27% from the previous session.

36 analysts cover XPeng Inc ADR (NYSE:XPEV), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $181.41 and a low of $16.70, we find $115.84. Given the previous closing price of $15.89, this indicates a potential upside of 629.01 percent. XPEV stock price is now -4.44% away from the 50-day moving average and 14.04% away from the 200-day moving average. The market capitalization of the company currently stands at $11.87B.

The stock has received a hold rating from 9 analysts and a buy rating from 18. Brokers who have rated the stock have averaged $113.07 as their price target over the next twelve months.

With the price target maintained at $22, BofA Securities recently Upgraded its rating from Neutral to Buy for XPeng Inc ADR (NYSE: XPEV).

A total of 1.51% of the company’s stock is owned by insiders.

On Tuesday morning XPeng Inc ADR (NYSE: XPEV) stock kicked off with the opening price of $15.73. During the past 12 months, XPeng Inc ADR has had a low of $7.51 and a high of $23.62. As of last week, the company has a debt-to-equity ratio of 0.49, a current ratio of 1.44, and a quick ratio of 1.27. The fifty day moving average price for XPEV is $16.25 and a two-hundred day moving average price translates $13.62 for the stock.

The latest earnings results from XPeng Inc ADR (NYSE: XPEV) was released for Sep, 2023. The net profit margin was -50.13% and return on equity was -33.86% for XPEV. The company reported revenue of $1.17 billion for the quarter, compared to $959.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 21.88 percent.

XPeng Inc ADR(XPEV) Company Profile

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EV) in the People’s Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, technical support, auto financing, insurance technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services. In addition, it offers advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems, including powertrain and the electrical and electronic architecture. XPeng Inc. has a strategic partnership with DiDi Global Inc. to enhance the adoption of smart EVs and technologies. The company was founded in 2015 and is headquartered in Guangzhou, the People’s Republic of China.

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