XPeng (XPEV) to Release Quarterly Earnings on Tuesday

XPeng (NYSE:XPEV - Get Free Report) is expected to issue its Q4 2024 quarterly earnings data before the market opens on Tuesday, March 18th. Analysts expect the company to post earnings of ($1.36) per share and revenue of $16.11 billion for the quarter. XPeng has set its Q1 2025 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

XPeng (NYSE:XPEV - Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($1.36) by $1.17. The business had revenue of $2.21 billion during the quarter, compared to analyst estimates of $16.11 billion. XPeng had a negative return on equity of 16.92% and a negative net margin of 15.35%. On average, analysts expect XPeng to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

XPeng Price Performance

XPeng stock traded up $1.25 during midday trading on Wednesday, hitting $23.89. The company's stock had a trading volume of 11,280,920 shares, compared to its average volume of 12,843,015. XPeng has a 12 month low of $6.55 and a 12 month high of $27.16. The company has a quick ratio of 1.18, a current ratio of 1.37 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $22.51 billion, a PE ratio of -27.46 and a beta of 2.68. The stock's 50-day moving average price is $17.67 and its 200-day moving average price is $13.79.

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Wall Street Analyst Weigh In

Several analysts recently commented on XPEV shares. JPMorgan Chase & Co. cut their target price on shares of XPeng from $35.00 to $31.00 and set an "overweight" rating for the company in a research note on Wednesday. Bank of America raised their price objective on XPeng from $18.60 to $27.00 and gave the stock a "buy" rating in a research note on Wednesday. The Goldman Sachs Group lowered XPeng from a "buy" rating to a "neutral" rating and set a $12.50 target price on the stock. in a research report on Thursday, November 21st. China Renaissance raised XPeng from a "hold" rating to a "buy" rating and set a $16.70 price target on the stock in a research note on Friday, November 22nd. Finally, Citigroup raised shares of XPeng from a "neutral" rating to a "buy" rating and upped their price objective for the company from $13.70 to $29.00 in a research note on Monday, March 10th. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.02.

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.