XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 name; and four-door sports sedan under the P7 name. The company also provides sales contract, maintenance, super charging, vehicle leasing, and ride-hailing services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.
IPO Year: 2020
Exchange: NYSE
Website: xiaopeng.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
7/31/2023 | $23.00 | Buy → Neutral | UBS |
7/27/2023 | $7.80 → $25.30 | Hold → Buy | Jefferies |
7/27/2023 | Underperform → Outperform | Macquarie | |
7/21/2023 | $7.50 → $10.00 | Neutral → Underweight | JP Morgan |
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL TRADE NEUTRAL 07/19/24 $255.00 $60.5K 9.4K 56.5K XPEV CALL SWEEP
B of A Securities analyst Ming Hsun Lee maintains XPeng (NYSE:XPEV) with a Buy and lowers the price target from $12.7 to $11.7.
XPeng Inc – ADR (NYSE:XPEV) shares are trading higher by 4.8% to $8.77 during Tuesday’s session. The stock is rebounding following China's announcement of a lower-than-expected GDP growth of 4.7% for the second quarter. Analysts had predicted a growth rate of 5.1%. The economic report indicates a slowdown in retail sales growth and rising unemployment, which can lead to reduced consumer confidence. When consumers are less confident about their economic prospects, they are less likely to make big purchases, such as cars. This directly impacts sales for companies like XPeng. The economic report also mentions deflationary pressures leading to price cuts on various goods, including cars. I
Despite new tariffs on Chinese electric vehicles (EVs), foreign automakers are struggling to stay competitive in China’s burgeoning EV market. What Happened: A study by AlixPartners reveals that foreign car companies are falling behind in China’s EV market, which represents over 40% of new passenger cars sold in the country. Stephen Dyer, co-leader and head of AlixPartners’ Asia automotive practice suggests that foreign brands must adopt a different approach and take more risks to make a mark in the market, CNBC reported on Tuesday. "Unless [foreign car brands] change their mindset of developing and manufacturing cars to one that is more willing to take risks, and consider how to desig
Alibaba Group Holding Limited (NYSE:BABA) and peer Chinese technology stocks are trading lower Monday after China's economy grew slower than expected in the second quarter, with a protracted property downturn and job insecurity stalling recovery efforts. The world's second-largest economy expanded by 4.7% from April to June, missing the 5.1% forecast by analysts and marking its slowest growth since Q1 2023. Alibaba's domestic rivals, including PDD Holdings Inc. (NASDAQ:PDD), Baidu, Inc. (NASDAQ:BIDU), JD.Com, Inc. (NASDAQ:JD) and Bilibili Inc. (NASDAQ:BILI), are trading lower on Monday following the dismal macro report. The report also hit Chinese electric vehicle stocks, including
These ten mid-cap stocks were the best performers in the last week. Are they in your portfolio? QuantumScape Corporation (NYSE:QS) stock jumped 64.34% after the company announced it entered into an agreement with Volkswagen's battery company PowerCo to industrialize solid-state batteries. Lantheus Holdings, Inc. (NASDAQ:LNTH) shares rocketed 55.93% following a CMS proposal to improve payment for Specialized Diagnostic Radiopharmaceuticals. Sunrun Inc. (NASDAQ:RUN) shares increased 37.59%. as shares of companies within the broader industrial sector gained following recent CPI data. Kymera Therapeutics, Inc. (NASDAQ:KYMR) shares rose 37.38% after the company announced its intentio
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.’s (NASDAQ:TSLA) gain in the previous week. The Elon Musk-led company’s shares stumbled after a 11-session winning streak. Here are the key events that happened in the EV space during the week: See Also: Best Electric Vehicle Stocks Musk Tightlipped On Robotaxi Rumors: Tesla shares were going strong and completed a 11-session winning-streak on Wednesday but reversed course on Thursday, stung by a report that said the EV maker would push back the robotaxi launch event by two months. The stock fell over 8% during the session before recovering
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
GUANGZHOU, China, July 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 June and first half of 2024. In June, XPENG delivered 10,668 Smart EVs, representing a 24% increase year-over-year and up 5% over the prior month. This month the XPENG X9's deliveries reached 1,687 units, with its cumulative total up to 13,143 units just half a year after its launch, maintaining its impressive streak as the top seller in both the all-electric MPV and three-row model segments in China. Overall, XPENG delivered 52,028 Smart EVs in the first half year of 2024, a 26
GUANGZHOU, China, June 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 May 2024. XPENG delivered 10,146 Smart EVs in May, representing a 35% increase year-over-year and an 8% increase over the prior month. The XPENG X9 notably achieved monthly deliveries of 1,625 units, reaching a cumulative total of 11,456 units, and has continuously held its top-selling position in both the all-electric MPV and three-row model segments in China since its launch. Year-to-date, XPENG has delivered 41,360 Smart EVs, representing a 26% increase year-over-year.
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion (US$5.73 billion) as of March 31, 2024Quarterly total revenues were RMB6.55 billion, a 49.8% decrease quarter-over-quarterQuarterly gross margin was 12.9%, an increase of 6.7 percentage points quarter-over-quarter GUANGZHOU, China, May 21, 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 March 31, 2024. Operational and Financial Highlights for the Three Months Ended March 31, 2024 2024Q12023Q42023Q32023Q22023Q12022Q4Tota
XPENG upgrades XOS 5.1.0, AI Tianji, the industry's first AI-powered in-car OS, for all eligible users on May 20XOS 5.1.0 integrates end-to-end large model technology, enhancing the smart driving experience for XPENG car ownersIntelligent and personalized in-car AI assistant services through AI assistant Xiao P, AI Chauffeur, and AI BodyguardXPENG AI Valet Driver offers customizable, end-to-end smart driving experiences across China BEIJING, May 20, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today showcased its cutting-edge advancements in AI technology and announced the full rollout of the XO
- Earnings Call Scheduled for 8:00 a.m. ET on May 21, 2024 - GUANGZHOU, China, May 07, 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 first quarter 2024 unaudited financial results on Tuesday, May 21, 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 May 21, 2024 (8:00 PM Beijing/Hong Kong Time on May 21, 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 schedul
9,393 vehicles delivered in April 2024, a 33% increase year-on-yearX9 MPV cumulative deliveries nearing 10,000 units since its launch in January GUANGZHOU, China, May 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 April 2024. In April 2024, XPENG delivered 9,393 Smart EVs, representing a 33% increase year-on-year, up 4% over the prior month. The XPENG X9 achieved monthly deliveries of 1,959 units in April, with cumulative deliveries nearing 10,000 units since its launch, maintaining its position as the top-selling all-electric MPV in China. Year-
Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenues were $364 million, up 29% from $282 million in 2022.Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.
GUANGZHOU, China, April 22, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ((", XPENG", or the ", Company, ", NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, will attend Beijing Auto Show 2024 and host its Press Conference on Thursday, April 25, 2024, showcasing its latest AI-powered tech advancement and Smart EV innovations. Live Broadcast from China - English Replay Available The live broadcast of the XPENG Beijing Auto Show 2024 Press Conference will begin Thursday, April 25, with an English language replay available on Thursday, April 25, via the following links: Chinese Live Broadcast 10:20AM Thursday April 25 Beijing Time (GMT+8, or 10:20 PM Wednesday
GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today published its 2023 Environmental, Social and Governance Report (the "Report"). The Report details how XPENG has carried forward its strategies and commitments outlined in its three ESG publications and provides updates on key initiatives and metrics. Key highlights from the 2023 ESG report: ESG Achievements: XPENG achieved the highest possible MSCI ESG Rating of AAA.Low carbon products: The 141,601 smart EVs delivered in 2023 will reduce carbon emissions by approximately 1.5 million metri
GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 17, 2024. The annual report can be accessed on XPENG's investor relations website at https://ir.xiaopeng.com. The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to [email protected] or Investor Relations Department at XPeng Inc., No. 8 Songgang Road, Changxing
Citigroup upgraded XPeng from Sell to Neutral and set a new price target of $8.30 from $7.70 previously
Daiwa Securities upgraded XPeng from Neutral to Buy and set a new price target of $11.00
Macquarie resumed coverage of XPeng with a rating of Neutral and set a new price target of $7.00
BofA Securities upgraded XPeng from Neutral to Buy and set a new price target of $22.00
CLSA upgraded XPeng from Outperform to Buy and set a new price target of $24.00
HSBC Securities upgraded XPeng from Hold to Buy and set a new price target of $22.00
UBS downgraded XPeng from Buy to Neutral and set a new price target of $23.00
Jefferies upgraded XPeng from Hold to Buy and set a new price target of $25.30 from $7.80 previously
Macquarie upgraded XPeng from Underperform to Outperform
JP Morgan downgraded XPeng from Neutral to Underweight and set a new price target of $10.00 from $7.50 previously
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion (US$5.73 billion) as of March 31, 2024Quarterly total revenues were RMB6.55 billion, a 49.8% decrease quarter-over-quarterQuarterly gross margin was 12.9%, an increase of 6.7 percentage points quarter-over-quarter GUANGZHOU, China, May 21, 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 March 31, 2024. Operational and Financial Highlights for the Three Months Ended March 31, 2024 2024Q12023Q42023Q32023Q22023Q12022Q4Tota
- Earnings Call Scheduled for 8:00 a.m. ET on May 21, 2024 - GUANGZHOU, China, May 07, 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 first quarter 2024 unaudited financial results on Tuesday, May 21, 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 May 21, 2024 (8:00 PM Beijing/Hong Kong Time on May 21, 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 schedul
Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenues were $364 million, up 29% from $282 million in 2022.Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB45.70 billion (US$6.44 billion) as of December 31, 2023Quarterly total revenues were RMB13.05 billion, a 53.0% increase quarter-over-quarterQuarterly gross margin was 6.2%, an increase of 8.9 percentage points quarter-over-quarterFull year vehicle deliveries reached 141,601, a 17.3% increase year-over-yearFull year revenues reached RMB30.68 billionFull year gross margin was 1.5%, a decrease of 10.0 percentage points year-over-year GUANGZHOU, China, March 19, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV"
GUANGZHOU, China, Feb. 26, 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 fourth quarter and fiscal year 2023 unaudited financial results on Tuesday, March 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 March 19, 2024 (8:00 PM Beijing/Hong Kong Time on March 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,
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB36.48 billion (US$5.00 billion) as of September 30, 2023Quarterly total revenues were RMB8.53 billion, a 68.5% increase quarter-over-quarterQuarterly gross margin was negative 2.7%, an increase of 1.2 percentage points quarter-over-quarter GUANGZHOU, China, Nov. 15, 2023 (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 September 30, 2023. Operational and Financial Highlights for the Three Months Ended September 30, 2023 2023Q32023Q22023Q12
- Earnings Call Scheduled for 8:00 a.m. ET on November 15, 2023 - 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 2023 unaudited financial results on Wednesday, November 15, 2023, 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 15, 2023 (9:00 PM Beijing/Hong Kong Time on November 15, 2023). 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 re
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB33.74 billion (US$4.65 billion) as of June 30, 2023 Quarterly total revenues were RMB5.06 billion, a 25.5% increase quarter-over-quarter Quarterly gross margin was negative 3.9%, a decrease of 5.6 percentage points quarter-over-quarter 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, 2023. Operational and Financial Highlights for the Three Months Ended June 30, 2023 2023Q2 2023Q1 2022Q4 2022Q3 2022Q2 2
- Earnings Call Scheduled for 8:00 a.m. ET on August 18, 2023 - XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its second quarter 2023 unaudited financial results on Friday, August 18, 2023, 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 August 18, 2023 (8:00 PM Beijing/Hong Kong Time on August 18, 2023). 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
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB34.12 billion (US$4.97 billion) as of March 31, 2023 Quarterly total revenues were RMB4.03 billion, a 21.5% decrease quarter-over-quarter Quarterly gross margin was 1.7%, a decrease of 7.0 percentage points quarter-over-quarter 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 March 31, 2023. Operational and Financial Highlights for the Three Months Ended March 31, 2023 2023Q1 2022Q4 2022Q3 2022Q2
SC 13D/A - XPENG INC. (0001810997) (Subject)
SC 13D/A - XPENG INC. (0001810997) (Subject)
SC 13D/A - XPENG INC. (0001810997) (Subject)
SC 13G - XPENG INC. (0001810997) (Subject)
SC 13G/A - XPENG INC. (0001810997) (Subject)
SC 13G/A - XPENG INC. (0001810997) (Subject)
SC 13G/A - XPENG INC. (0001810997) (Subject)
SC 13G/A - XPENG INC. (0001810997) (Subject)
SC 13G - XPENG INC. (0001810997) (Subject)
SC 13G - XPENG INC. (0001810997) (Subject)