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.
XPeng Stock Down 3.2 %
XPeng stock opened at $23.33 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.29 and a quick ratio of 2.11. XPeng has a 12 month low of $18.01 and a 12 month high of $56.45. The stock has a market capitalization of $19.96 billion, a PE ratio of -21.60 and a beta of 3.11. The business has a 50 day simple moving average of $27.57 and a 200-day simple moving average of $28.60.
XPeng (NYSE:XPEV - Get Rating) last posted its earnings results on Monday, May 23rd. The company reported ($0.32) earnings per share (EPS) for the quarter. XPeng had a negative return on equity of 14.59% and a negative net margin of 22.63%. The firm had revenue of $1.18 billion for the quarter. On average, analysts anticipate that XPeng will post -3.69 EPS for the current fiscal year.
Analyst Ratings Changes
XPEV has been the subject of a number of recent analyst reports. Macquarie cut shares of XPeng from an "outperform" rating to a "neutral" rating and set a $25.00 price target for the company. in a report on Wednesday, August 3rd. Citigroup boosted their price objective on shares of XPeng from $36.70 to $51.59 and gave the company a "buy" rating in a research report on Tuesday, June 21st. Nomura Instinet reaffirmed a "neutral" rating and set a $36.30 target price on shares of XPeng in a report on Friday, July 1st. Nomura downgraded shares of XPeng from a "buy" rating to a "neutral" rating and cut their price target for the stock from $64.60 to $36.30 in a report on Thursday, June 30th. Finally, Bank of America decreased their price target on shares of XPeng from $46.00 to $40.00 and set a "buy" rating for the company in a research report on Tuesday, May 24th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, XPeng has a consensus rating of "Moderate Buy" and a consensus target price of $40.57.