Analysts Give XPeng Inc. (NYE:XPEV) a “Hold” Rating

XPeng Inc. (NYE:XPEV) Receives Moderate Rating of "Hold" from Analysts

Chinese electric vehicle company XPeng Inc. (NYE:XPEV) has received mixed recommendations from 15 analysts covering the company, with an average rating of “Hold.” Three analysts have given the stock a “Sell” rating, seven have given it a “Hold” rating, and only one has given it a “Buy” rating. Some analysts have adjusted their target prices for XPeng’s stock, with some lowering their ratings and target prices, while others have increased their target prices. Institutional investors and hedge funds have also modified their holdings in the company. XPeng’s stock is currently trading at $9.91, 70% lower than its 52-week high, due to factors such as the semiconductor shortage, COVID-19 supply chain disruptions, and increasing competition in the Chinese EV market.

Despite the challenges faced by XPeng, some institutional investors and hedge funds have increased their stakes in the company, indicating a level of confidence in its future potential. However, the company’s stock performance remains affected by various external factors beyond its control. The company will need to navigate these challenges and prove itself in a highly competitive industry to win over investors and achieve sustained growth in the long term.

Xpeng Inc Stock Forecast

According to the stock forecast from 15 analysts, Xpeng Inc is expected to reach an average target price of USD 9.94 over the next 12 months, with an average analyst rating of “Hold.” However, Stock Target Advisor’s analysis of Xpeng Inc’s stock is bearish, based on 2 positive signals and 7 negative signals. Currently, Xpeng Inc’s stock price is USD 9.91, which has decreased by -1.29% over the past week, but increased by +21.15% over the past month. Nonetheless, the stock price has decreased by -61.56% over the last year.

XPEV Ratings by Stock Target Advisor

Business Description

XPeng Inc. is a Chinese company that designs, manufactures, and sells smart electric vehicles. Its range of vehicles includes SUVs (G3 and G3i), four-door sports sedans (P7), and family sedans (P5). The company offers various services such as sales contracts, maintenance, supercharging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and financing, and music subscription. XPeng Inc. was founded in 2015 and is based in Guangzhou, China.

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