XPeng
XPEV

$8.54

2.38%

Market Cap: $8.08B

About: Founded in 2015, XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold over 141,000 EVs in 2023, accounting for about 2% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.

Employees: 13,261

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

20% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]

19% more call options, than puts

Call options by funds: $75.3M | Put options by funds: $63.3M

1.43% less ownership

Funds ownership: 7.46% [Q1] → 6.04% (-1.43%) [Q2]

4% less funds holding

Funds holding: 192 [Q1] → 184 (-8) [Q2]

23% less capital invested

Capital invested by funds: $885M [Q1] → $681M (-$204M) [Q2]

24% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 67

24% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 33

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Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$7.60

11%

downside

Avg. target

$9.52

11%

upside

High target

$11.70

37%

upside

6 analyst ratings

3 positive

50%

3 neutral

50%

0 negative

0%

JP Morgan Nick Lai 50% 1-year accuracy 2 / 4 met price target	35%upside $11.50	Overweight Upgraded	5 Sept 2024
Citigroup Jeff Chung 25% 1-year accuracy 1 / 4 met price target	11%downside $7.60	Neutral Maintained	21 Aug 2024
B of A Securities Ming Hsun Lee 11% 1-year accuracy 1 / 9 met price target	17%upside $10	Buy Maintained	21 Aug 2024
JP Morgan Nick Lai 50% 1-year accuracy 2 / 4 met price target	6%downside $8	Neutral Maintained	21 Aug 2024
B of A Securities Ming Hsun Lee 11% 1-year accuracy 1 / 9 met price target	37%upside $11.70	Buy Maintained	16 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 35 articles about XPEV published over the past 30 days

Why Is Xpeng Stock Down 50% This Year?

Chinese luxury EV maker Xpeng delivered a total of 14,036 vehicles in August, up 2.5% compared to last year and up 26% versus last month. This puts the company's year-over-year growth behind Li Auto which saw sales grow 38% to 48,122 vehicles and Nio stock which saw its deliveries expand 4.4% versus last year.

Why Is Xpeng Stock Down 50% This Year?

XPENG Announces Vehicle Delivery Results for August 2024

14,036 vehicles delivered in August 2024, a 3% increase year-over-year and up 26% over the prior month 14,036 vehicles delivered in August 2024, a 3% increase year-over-year and up 26% over the prior month

XPENG Announces Vehicle Delivery Results for August 2024

Investors Business Daily

China EV Sales: Tesla Archrival Eyes Big Milestone; Nio, Li Auto, XPeng Also On Tap

Tesla archrival BYD is expected to report August sales of about 400,000. Nio, Li Auto and XPeng deliveries should be solid.

China EV Sales: Tesla Archrival Eyes Big Milestone; Nio, Li Auto, XPeng Also On Tap

XPeng: Trending In The Right Direction

XPeng's CEO bought shares at $7.02, signaling confidence in the stock trading at the lows. The Chinese EV company launched the Mona brand, targeting Tesla's Model 3 at half the price, with strong initial orders indicating potential success. The stock is trading below 1x sales targets, while growth rates remain strong and support a higher forward P/S multiple.

XPeng: Trending In The Right Direction

Very bad news for Li Auto, Xpeng, Zeekr, and Nio stocks

Chinese electric vehicle stocks are under pressure after the recent earnings showed the extent of the ongoing slowdown. Li Auto (LI) stock plunged by more than 17% on Wednesday, bringing the 12-month collapse to 55%.

Very bad news for Li Auto, Xpeng, Zeekr, and Nio stocks

CNBC Television

China's EVs will start dominating markets, says MSA Capital's Harburg

Ben Harburg, MSA Capital managing director, joins 'Squawk on the Street' to discuss Harburg's thoughts on China's foothold on the electric vehicle industry, consumer confidence in China, and more.

China's EVs will start dominating markets, says MSA Capital's Harburg

XPENG Launches MONA M03 and Showcases Technology Innovations at 10th Anniversary Gala

• Successful tape-out of “XPENG Turing,” XPENG's self-developed chip with a 40-core CPU, which empowers AI vehicles, AI robots and eVOTLs • Roll out of next-gen AI-powered perception solution for smart driving, the “AI Hawkeye Visual Solution” or “Hawkeye,” which maximizes capabilities of end-to-end AI models • Announced 4-phase plan for "end-to-end" technology aimed to achieve an L3+ smart driving experience using L2 hardware within 18 months • Unveiled MONA M03, an intelligent, all-electric hatchback coupe starting at RMB 119,800 GUANGZHOU, China, Aug. 28, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today launched the MONA M03, its intelligent, all-electric hatchback coupe, featuring three versions priced between RMB 119,800 and 155,800 with deliveries beginning in September. XPENG 10th Anniversary Gala Night Asset Library XPENG MONA M03 Asset Library MONA's launch was officially announced at XPENG's 10th Anniversary Gala, where the Company also revealed its inaugural in-house developed chip, the XPENG Turing.

XPENG Launches MONA M03 and Showcases Technology Innovations at 10th Anniversary Gala

Proactive Investors

Xpeng launches budget and self-driving EVs to grab share from Tesla and BYD

Xpeng Inc (NYSE:XPEV), one of Tesla's Chinese electric vehicle rivals, has launched a new model priced below an equivalent of $17,000 and a higher-end version priced just below $22,000 that boasts self-driving features. Shares in the Hong Kong- and New York-listed company rose 6% on its announcements overnight, where the new affordable Mona M03 model was launched in a strategic move to penetrate the highly competitive mainstream segment of China's automotive market.

Xpeng launches budget and self-driving EVs to grab share from Tesla and BYD

XPeng Beats Tesla in Launching a Mass-Market Electric Car. The Stock Rises.

Elon Musk and Co. have been promising a low-cost EV—but Chinese rival XPeng appears to have beaten Tesla to the punch.

XPeng Beats Tesla in Launching a Mass-Market Electric Car. The Stock Rises.

XPeng Stock Should Get A Boost From ADAS Advances, Increased Exports, New EVs

XPeng reported impressive Q2 results, with its deliveries up 30% versus Q2 of 2023 and its revenue climbing 60% year-over-year. XPeng's ADAS improvements make it a leader in the industry. The automaker has plans to deploy high-level ADAS in affordable vehicles. XPeng's export growth and new EV models, along with its low valuation, position it well for future success despite its tough competition and significant risks.

XPeng Stock Should Get A Boost From ADAS Advances, Increased Exports, New EVs

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