XPeng (NYSE:XPEV - Get Free Report) will issue its quarterly earnings data before the market opens on Tuesday, November 19th. XPeng has set its Q3 2024 guidance at EPS.Parties that are interested in participating in the company's conference call can do so using this link.
XPeng (NYSE:XPEV - Get Free Report) last released its quarterly earnings results on Tuesday, August 20th. The company reported ($0.19) earnings per share (EPS) for the quarter. The firm had revenue of $1.12 billion for the quarter. XPeng had a negative return on equity of 23.38% and a negative net margin of 21.64%. On average, analysts expect XPeng to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
XPeng Stock Performance
NYSE:XPEV traded down $1.64 during mid-day trading on Tuesday, reaching $13.66. 21,841,768 shares of the stock were exchanged, compared to its average volume of 13,666,612. The company has a 50 day simple moving average of $11.08 and a 200-day simple moving average of $9.03. The stock has a market capitalization of $12.87 billion, a P/E ratio of -11.64 and a beta of 2.80. The company has a quick ratio of 1.31, a current ratio of 1.50 and a debt-to-equity ratio of 0.18. XPeng has a 1 year low of $6.55 and a 1 year high of $18.74.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on XPEV shares. JPMorgan Chase & Co. upgraded XPeng from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $8.00 to $11.50 in a research note on Thursday, September 5th. Citigroup lowered their target price on XPeng from $8.30 to $7.60 and set a "neutral" rating on the stock in a research note on Wednesday, August 21st. Bank of America lowered their target price on XPeng from $11.00 to $10.00 and set a "buy" rating on the stock in a research note on Wednesday, August 21st. Finally, Macquarie upgraded XPeng from a "neutral" rating to an "outperform" rating in a research note on Friday, August 30th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $9.42.
Read Our Latest Stock Report on XPEV
About XPeng
(
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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.
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