Streetbeat News

XPEV

XPeng Inc.

Industry

Auto - Manufacturers

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.

Open

12.70

Mkt cap

13B

Volume

12M

High

12.81

P/E Ratio

-10.53

52-wk high

18.74

Low

12.34

Div yield

N/A

52-wk low

6.55

Chinese stocks are trading higher following the issuance of guidelines by China's state council aimed at promoting the private economy. Stocks mentioned include BEKE, BZ, FUTU, GDS, IQ, NIO, XPEV.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 2:49 pm

Nio's CEO, William Li, has questioned the barriers faced by Chinese companies in the US market, despite Tesla's CEO Elon Musk receiving favorable treatment in China. Nio, along with other Chinese electric vehicle startups like BYD and XPeng, are expanding globally. Nio's shares were down 0.54% to $11.10.

Portfolio Pulse from Shanthi Rexaline

July 13, 2023 | 2:17 pm

The weekly sales data chart released by Li Auto, showing it sold 7,900 units in the 28th week of 2023, has been questioned by some employees of XPENG Motors. NIO and Tengshi were also mentioned in the chart with sales of 3,100 and 2,500 units respectively. This is not the first time Li Auto's sales data has been disputed.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:02 pm

Goldman Sachs has initiated coverage on XPeng's stock with a Buy rating, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:43 pm

The article reports on the movement of 12 consumer discretionary stocks in Tuesday's pre-market session. Harbor Custom Dev, Lixiang Education Hldg, a.k.a. Brands Holding, Lifetime Brands, Educational Development, and XPeng saw gains, while VOXX International, GAN, Kura Sushi USA, Dave & Buster's Enter, Barnes & Noble Education, and QuantaSing Group experienced losses.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 1:12 pm

Goldman Sachs analyst Tina Hou has initiated coverage on XPeng (NYSE:XPEV) with a Buy rating.

Portfolio Pulse from richadhand@benzinga.com

July 11, 2023 | 1:10 pm

The China Association of Auto Manufacturers (CAAM) has retracted its pledge to avoid abnormal pricing, citing antitrust law. This has led to a premarket drop in the shares of Chinese electric vehicle (EV) companies.

Portfolio Pulse from Charles Gross

July 10, 2023 | 8:49 am

According to the China Passenger Car Association, China's passenger vehicle sales fell 2.9% YoY in June to 1.91 million units. However, sales rose 2.5% in H1 to 9.65 million units.

Portfolio Pulse from Charles Gross

July 10, 2023 | 8:27 am

XPeng (NYSE:XPEV) has received mixed ratings from analysts in the last quarter, with 1 somewhat bullish, 3 indifferent, 1 somewhat bearish, and 1 bearish. The average price target is $10.07, implying a downside from the current price of $14.26. This average has increased by 17.09% from the previous average price target of $8.60.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 7:01 pm

BOCOM International analyst Angus Chan has downgraded XPeng (NYSE:XPEV) from Neutral to Sell and set a price target of $10.5.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 11:45 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.