Analyst Ratings Coverage
Barclays (Rank#6) has downgraded its rating on Xpeng Inc.’s stock from Equal Weight to Underweight. This rating downgrade suggests that Barclays has a more negative outlook on the stock’s performance compared to its previous assessment.
By revising the price target range to USD 8 to USD 6, Barclays is indicating that it expects the stock to reach a lower price level in the future. The price target range represents the level at which Barclays believes the stock is fairly valued based on its analysis.
The term “Underweight” indicates that Barclays believes Xpeng’s stock may underperform compared to other stocks or the overall market. This downgrade suggests that Barclays analysts have concerns about the company’s future prospects, financial performance, or other factors that could negatively impact the stock’s value.
The revised rating and price target range reflect Barclays’ assessment of Xpeng Inc.’s fundamentals, industry trends, market conditions, and other relevant factors.
Bank of America Merrill Lynch (Rank#19)has maintained its Neutral rating on Xpeng Inc.’s stock. A Neutral rating suggests that the analysts at Bank of America Merrill Lynch have a relatively neutral stance on the stock’s performance. It indicates that they expect the stock to perform in line with the overall market average, without any significant outperformance or underperformance.
Along with the Neutral rating, Bank of America Merrill Lynch has cut the price target from USD 11 to USD 9.8. This range represents the level at which the analysts believe the stock is fairly valued based on their assessment. The price target range serves as a reference point for investors and indicates the analysts’ expectations for the stock’s future price movement.
Maintaining a “Neutral” rating implies that Bank of America Merrill Lynch does not have a particularly positive or negative outlook on Xpeng’s stock. The analysts may believe that the company’s prospects and financial performance are in line with industry trends and market expectations, resulting in a neutral recommendation.
XPEV Stock Forecast & Analysis
According to the analysis of 15 analysts, the average target price for Xpeng Inc’s stock over the next 12 months is USD 10.00. This target price represents the price level at which analysts expect the stock to trade in the future based on their assessment of the company’s prospects and market conditions. It’s important to note that these forecasts are subjective and can vary among analysts.
The average analyst rating for Xpeng Inc is Hold, indicating a relatively neutral stance on the stock. This rating suggests that the analysts believe the stock will perform in line with the overall market or industry average and do not expect any significant outperformance or underperformance.
Stock Target Advisor’s own analysis on Xpeng Inc, stating that it has a Bearish outlook. This assessment is based on 3 positive signals and 8 negative signals identified by their analysis. These signals could include factors such as financial performance, industry trends, market conditions, and other relevant indicators that may influence the stock’s future performance.
At the last closing, Xpeng Inc’s stock price was USD 8.65. This represents the price at which the stock was traded during the most recent market session. It’s worth noting that stock prices can fluctuate based on various factors, including market sentiment, company news, economic conditions, and investor behavior.
Over the past week, Xpeng Inc’s stock price has changed by -9.71%, indicating a decline in value during that period. Similarly, over the past month, the stock price has decreased by -6.89%. Looking at the stock’s performance over the last year, it has experienced a significant decline of -57.43%. These figures highlight the historical volatility and potential risks associated with investing in Xpeng Inc’s stock.
