XPENG Inc. Sponsored ADR (NYSE:XPEV) Receives $25.42 Consensus Price Target from Analysts

Shares of XPENG Inc. Sponsored ADR (NYSE:XPEV) have received an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and three have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $25.1846.

A number of equities research analysts recently commented on XPEV shares. Loop Capital set a $25.00 price target on XPENG in a research report on Tuesday, January 6th. Barclays set a $17.00 target price on XPENG in a report on Wednesday. Morgan Stanley reaffirmed a “reduce” rating on shares of XPENG in a report on Monday, December 29th. Citigroup reissued a “buy” rating on shares of XPENG in a report on Friday, February 6th. Finally, Macquarie Infrastructure set a $26.00 target price on shares of XPENG and gave the stock an “outperform” rating in a research note on Thursday, January 15th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in shares of XPENG by 16.9% during the third quarter. EverSource Wealth Advisors LLC now owns 2,694 shares of the company’s stock worth $63,000 after acquiring an additional 389 shares during the last quarter. Parallel Advisors LLC raised its holdings in XPENG by 6.0% during the 4th quarter. Parallel Advisors LLC now owns 10,293 shares of the company’s stock worth $209,000 after purchasing an additional 584 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in XPENG by 3.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 17,613 shares of the company’s stock valued at $315,000 after purchasing an additional 655 shares during the period. Greenleaf Trust lifted its position in XPENG by 4.7% during the 3rd quarter. Greenleaf Trust now owns 17,005 shares of the company’s stock valued at $398,000 after purchasing an additional 770 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of XPENG by 161.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,562 shares of the company’s stock valued at $52,000 after purchasing an additional 1,582 shares during the last quarter. 21.09% of the stock is currently owned by institutional investors.

XPENG Trading Down 0.4%

Shares of XPENG stock opened at $17.75 on Tuesday. XPENG has a 12-month low of $16.13 and a 12-month high of $28.24. The stock has a market capitalization of $16.84 billion, a P/E ratio of -42.25, a price-to-earnings-growth ratio of 4.26 and a beta of 1.16. The company has a 50-day simple moving average of $19.17 and a 200 day simple moving average of $20.84. The company has a quick ratio of 0.95, a current ratio of 1.12 and a debt-to-equity ratio of 0.24.

XPENG (NYSE:XPEV) last issued its quarterly earnings data on Monday, November 17th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.41. XPENG had a negative net margin of 4.02% and a negative return on equity of 9.25%. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $20.48 billion. Research analysts expect that XPENG will post -0.96 earnings per share for the current fiscal year.

XPENG Company Profile

XPENG Inc (NYSE: XPEV) is a China-based developer and manufacturer of smart electric vehicles. The company designs, engineers and sells battery-electric sedans and sport-utility vehicles along with related software and services. Founded in 2014, XPENG positions itself as a technology-driven automaker with a focus on vehicle connectivity, software-defined features and advanced driver assistance systems.

Product offerings center on passenger EVs spanning compact crossovers and midsize sedans, supported by in-house software platforms and over-the-air update capabilities.