Bank of America Increases XPeng (NYSE:XPEV) Price Target to $26.00

Key Points

• Bank of America raised its price target for XPeng (NYSE:XPEV) from $25.00 to $26.00, indicating a potential upside of 25.27% from the current stock price.
• Analysts generally have a positive outlook on XPeng, with one Strong Buy rating, eight Buy ratings, and an average price target of approximately $23.82.
• XPeng shares recently increased by 4.3%, reaching $20.76, with a notable trading volume of over 16 million shares.

XPeng (NYSE:XPEV - Get Free Report) had its price target boosted by equities research analysts at Bank of America from $25.00 to $26.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Bank of America's price target would indicate a potential upside of 25.27% from the stock's current price.

Other analysts have also recently issued reports about the company. Macquarie increased their price objective on XPeng from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Friday. BNP Paribas Exane assumed coverage on XPeng in a research report on Monday. They set a "neutral" rating and a $19.00 price objective for the company. BNP Paribas assumed coverage on XPeng in a research report on Monday. They set a "neutral" rating for the company. The Goldman Sachs Group raised XPeng from a "neutral" rating to a "buy" rating and raised their price target for the company from $16.40 to $24.00 in a report on Tuesday, June 17th. Finally, Morgan Stanley set a $28.00 price target on XPeng and gave the company an "overweight" rating in a report on Thursday, June 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $23.82.

XPeng Trading Up 4.3%

Shares of XPeng stock traded up $0.8550 during trading hours on Tuesday, hitting $20.7550. The company's stock had a trading volume of 16,757,326 shares, compared to its average volume of 9,720,348. The firm has a fifty day moving average of $18.79 and a 200-day moving average of $19.46. XPeng has a twelve month low of $6.65 and a twelve month high of $27.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.07 and a current ratio of 1.21. The stock has a market cap of $19.70 billion, a price-to-earnings ratio of -27.76 and a beta of 2.50.

XPeng (NYSE:XPEV - Get Free Report) last issued its quarterly earnings results on Tuesday, August 19th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($1.23) by $1.16. XPeng had a negative return on equity of 15.89% and a negative net margin of 10.20%. XPeng has set its Q3 2025 guidance at EPS. Research analysts forecast that XPeng will post -0.96 EPS for the current year.

Institutional Investors Weigh In On XPeng

A number of large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its stake in XPeng by 70.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,291 shares of the company's stock valued at $27,000 after purchasing an additional 532 shares during the last quarter. Atlas Capital Advisors Inc. lifted its holdings in XPeng by 651.0% in the first quarter. Atlas Capital Advisors Inc. now owns 1,502 shares of the company's stock valued at $31,000 after buying an additional 1,302 shares during the period. Garde Capital Inc. acquired a new stake in shares of XPeng in the 1st quarter worth about $39,000. SVB Wealth LLC bought a new position in shares of XPeng during the 1st quarter valued at approximately $46,000. Finally, Bayforest Capital Ltd lifted its stake in XPeng by 145.5% in the 1st quarter. Bayforest Capital Ltd now owns 2,283 shares of the company's stock worth $47,000 after purchasing an additional 1,353 shares in the last quarter. 21.09% of the stock is currently owned by institutional investors.

XPeng Company Profile

XPeng Inc designs, develops, manufactures, and markets smart electric vehicles (EVs) 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, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.

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