XPeng (NYSE:XPEV - Get Free Report) will likely be announcing its earnings results before the market opens on Tuesday, March 18th. Analysts expect the company to announce earnings of ($1.36) per share and revenue of $16.11 billion for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
XPeng Price Performance
NYSE:XPEV traded down $1.26 during mid-day trading on Wednesday, reaching $25.08. 12,234,285 shares of the stock were exchanged, compared to its average volume of 13,220,203. The company has a current ratio of 1.37, a quick ratio of 1.18 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average price of $16.45 and a 200 day moving average price of $13.21. XPeng has a 1-year low of $6.55 and a 1-year high of $27.16. The firm has a market capitalization of $23.62 billion, a PE ratio of -28.82 and a beta of 2.68.
Analyst Upgrades and Downgrades
XPEV has been the subject of several recent research reports. Citigroup raised shares of XPeng from a "neutral" rating to a "buy" rating and increased their target price for the company from $13.70 to $29.00 in a research note on Monday. The Goldman Sachs Group lowered XPeng from a "buy" rating to a "neutral" rating and set a $12.50 price objective for the company. in a research note on Thursday, November 21st. UBS Group raised XPeng from a "sell" rating to a "neutral" rating and boosted their target price for the stock from $8.80 to $18.00 in a research report on Monday, February 24th. Sanford C. Bernstein increased their price target on XPeng from $9.00 to $14.00 and gave the company a "market perform" rating in a research report on Wednesday, November 20th. Finally, Macquarie restated a "neutral" rating and set a $18.00 price objective on shares of XPeng in a report on Friday, February 7th. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $15.63.
View Our Latest Research Report on XPeng
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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