XPeng (NYSE:XPEV) Announces Earnings Results, Beats Expectations By $1.17 EPS

XPeng (NYSE:XPEV - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.36) by $1.17, Zacks reports. The business had revenue of $2.21 billion during the quarter, compared to analyst estimates of $16.11 billion. XPeng had a negative net margin of 15.35% and a negative return on equity of 16.92%. XPeng updated its Q1 2025 guidance to EPS.

XPeng Price Performance

NYSE:XPEV traded down $0.27 during mid-day trading on Friday, hitting $21.81. 12,586,942 shares of the stock traded hands, compared to its average volume of 13,225,797. The company has a quick ratio of 1.18, a current ratio of 1.37 and a debt-to-equity ratio of 0.22. XPeng has a 12-month low of $6.55 and a 12-month high of $27.16. The company has a market cap of $20.54 billion, a PE ratio of -25.06 and a beta of 2.68. The business's 50-day moving average price is $18.29 and its 200 day moving average price is $14.02.

Analysts Set New Price Targets

A number of brokerages recently weighed in on XPEV. Daiwa Capital Markets reissued a "neutral" rating and set a $24.00 target price on shares of XPeng in a research note on Wednesday. Nomura upgraded shares of XPeng from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $14.00 to $30.00 in a research note on Wednesday. JPMorgan Chase & Co. cut their target price on shares of XPeng from $35.00 to $31.00 and set an "overweight" rating on the stock in a research note on Wednesday. Citigroup raised shares of XPeng from a "neutral" rating to a "buy" rating and lifted their price target for the company from $13.70 to $29.00 in a research note on Monday, March 10th. Finally, Macquarie reiterated a "neutral" rating and set a $18.00 price objective on shares of XPeng in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, XPeng has a consensus rating of "Hold" and a consensus price target of $21.84.

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About XPeng

XPeng Inc designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.