Macquarie upgraded XPeng from Neutral to Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $8.00 → $11.50 | Neutral → Overweight | JP Morgan |
| 8/30/2024 | Neutral → Outperform | Macquarie | |
| 6/25/2024 | $7.70 → $8.30 | Sell → Neutral | Citigroup |
| 5/23/2024 | $11.00 | Neutral → Buy | Daiwa Securities |
| 4/15/2024 | $7.00 | Neutral | Macquarie |
| 8/21/2023 | $22.00 | Neutral → Buy | BofA Securities |
| 8/8/2023 | $24.00 | Outperform → Buy | CLSA |
| 8/7/2023 | $22.00 | Hold → Buy | HSBC Securities |
GUANGZHOU, China, Oct. 29, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its third quarter 2024 unaudited financial results on Tuesday, November 19, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on November 19, 2024 (9:00 PM Beijing/Hong Kong Time on November 19, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration,
Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16th at 8 AM ET NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B software-focused auto services and auto e-insurance in China, today provided a business update and reported financial results for the first half of fiscal year 2024. First Half 2024 Financial Results Total revenue increased by 27% to $203.1 million for the six months ended June 30, 2024, from $159.4 million for the six months ended June 30, 2023.Auto Services ' revenue increased by 9% to $107.5 million for the six mo
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB37.33 billion (US$5.14 billion) as of June 30, 2024Quarterly total revenues were RMB8.11 billion, a 60.2% increase over the same period of 2023Quarterly gross margin was 14.0%, an increase of 17.9 percentage points over the same period of 2023 GUANGZHOU, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its unaudited financial results for the three months ended June 30, 2024. Operational and Financial Highlights for the Three Months Ended June 30, 2024 2024Q22024Q12023Q42023Q32
23,917 vehicles delivered in October 2024, a new monthly record and a 20% increase year-over-yearDeliveries of XPENG MONA M03 exceeded 10,000 units for the second straight monthXPENG has become the only Chinese automaker to deliver industry-leading urban ADAS that does not rely on HD maps or LiDARs GUANGZHOU, China, Nov. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for October 2024. XPENG delivered 23,917 Smart EVs in October 2024, setting a new record for its monthly deliveries and representing growth of 20% year-over-year and 12%
GUANGZHOU, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ((", XPENG", or the ", Company, ", NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, will officially launch the XPENG P7+, the highly anticipated AI-defined smart electric fastback sedan, on Thursday, November 7, 2024. Live Broadcast from China - English Replay Available The live broadcast of the XPENG P7+ Launch Event will begin on Thursday, November 7, with an English-language replay available on Thursday, November 14, via the following links: Chinese Live Broadcast 7:30 PM, Thursday, November 7, Beijing Time (GMT+8) or 6:30 AM US Eastern Standard Time XPENG OFFICIAL WEBSITE CHINESE
GUANGZHOU, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, will host its XPENG AI Day event on Wednesday, November 6, 2024. An English-language replay will be available on Wednesday, November 13, 2024. At this year's XPENG AI Day, XPENG will share on the latest breakthroughs and development roadmap of XPENG AI technology, including large AI models, autonomous driving, robotics, and flying cars. Live Broadcast from China - English Replay Available The live broadcast of the XPENG AI Day will begin on Wednesday, November 6, with an English-language replay available on
JP Morgan upgraded XPeng from Neutral to Overweight and set a new price target of $11.50 from $8.00 previously
Macquarie upgraded XPeng from Neutral to Outperform
Citigroup upgraded XPeng from Sell to Neutral and set a new price target of $8.30 from $7.70 previously
On Tuesday after market close, Tesla Inc (NASDAQ:TSLA) reported its second quarter results, missing earnings expectations. Upon the disappointing results, Tesla shares fell more than 8% during premarket trading on Wednesday, pulling down the shares of its rivals, Rivian Automotive Inc (NASDAQ:RIVN), Lucid Group Inc (NASDAQ:LCID), BYD Company Limited (OTC:BYDDY), Nio Inc (NYSE:NIO) and XPeng Inc (NYSE:XPEV). Second Quarter Highlights For the quarter that ended on June 30th, Tesla reported its automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines and first-ever consecutive quarters of declining sales volume. Tesla responded to slowin
Key Takeaways: Xiaomi received regulatory clearance to mass produce electric vehicles independently, a crucial move as it seeks to ramp up its high-stakes EV drive The smartphone maker’s big EV ambitions could be undermined by production bottlenecks, quality issues and a weakening consumer demand By Xia Fei Despite its late arrival to the race, Xiaomi Corp.’s (OTC:XIACF)(OTC:XIACY) drive into China’s crowded electric vehicle (EV) market is showing no signs of slowing and may even be gaining momentum. That journey logged another milestone earlier this month when the company better known for its smartphones won a regulatory greenlight to manufacture cars independently instead of relyin
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
GUANGZHOU, China, Dec. 06, 2023 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced, further to the Company's news release dated July 26, 2023, in connection with the share purchase agreement for strategic minority investment by Volkswagen (China) Investment Co., Ltd. ("Volkswagen") and its affiliate, Volkswagen Finance Luxemburg S.A. ("Volkswagen Nominee"), the Company has issued an aggregate of 94,079,255 Class A ordinary shares (the "Subscription Shares"), representing approximately 4.99% of the total issued and outstanding share capital of the Company immediately following the issuance, to
XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that Ms. Fengying Wang ("Ms. Wang") has been appointed as the President of the Company with effect from January 30, 2023. Ms. Wang will be responsible for the Company's product planning, product portfolio management and sales operations, reporting to Mr. He Xiaopeng, Chairman and CEO of the Company. "Ms. Wang brings to us over 30 years of experience in the automotive industry, spanning roles in sales, strategy and senior management. Her leadership and expertise have been instrumental in driving the development of some of the most successful auto products, earnin
SC 13D/A - XPENG INC. (0001810997) (Subject)
SC 13D/A - XPENG INC. (0001810997) (Subject)
SC 13D/A - XPENG INC. (0001810997) (Subject)