|Bid||8.16 x 1800|
|Ask||8.22 x 2200|
|Day's Range||7.80 - 8.27|
|52 Week Range||6.18 - 35.35|
|Beta (5Y Monthly)||2.83|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 21, 2023 - Aug 25, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.36|
Xpeng (NYSE: XPEV) is launching a new model that could propel growth forward. Fool.com contributor and finance professor Parkev Tatevosian answers if the stock market is overreacting to Xpeng's latest earnings release.
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Shopify, XPeng, Caleres, and Dish Network. Exane BNP Paribas downgraded Shopify (NYSE:SHOP) to Underperform from Neutral with a price target of $51.00, noting that weakening U.S. consumer spending on higher-priced items may limit the company’s growth outperformance. Barclays downgraded XPeng (NYSE:XPEV) to Underweight from Equalweight and cut its price target to $6.00 from $8.00.
Yahoo Finance markets contributor Remy Blaire examines the performance of EV stocks, including XPeng, Tesla, Nio, and Li Auto.
Thank you for standing by for the first-quarter 2023 earnings conference call for XPeng Inc. At this time, all participants are in listen-only mode. Participants on today's call from our management will include: co-founder, chairman, and CEO; Mr. He Xiaopeng; vice chairman and president, Dr. Brian Gu; vice president of finance, Mr. Dennis Lu; vice president of corporate finance and investment, Mr.
The stock market headed lower on Wednesday, as investors lost patience with Congress and the White House in their thus-far failed negotiations about the debt ceiling. Stock market benchmarks were down as much as 1% in early-afternoon trading. Declines were almost as large for Nio (NYSE: NIO), while outside of China, Tesla (NASDAQ: TSLA) suffered a less significant percentage drop in its stock price.
Chinese pure-play electric vehicle maker XPeng reported a steep drop in sales in the first quarter, likely due to increased competition in the tight Chinese EV market and an uneven recovery in the China following its lifting of COVID-19 protocols.
Heading into the quarter, analysts had predicted this Chinese electric vehicle manufacturer would lose only $0.26 per share on $741 million in quarterly sales. XPeng lost money on every car it sold, as gross margin on vehicle sales flipped from positive 10.4% to negative 2.5%. Total gross margin company-wide (including positive gross margin from services) fell from 8.7% to just 1.7%, a decrease of 7 full percentage points.
GUANGZHOU, China, May 24, 2023--XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its unaudited financial results for the three months ended March 31, 2023.
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 24th. Please refresh for updates.
GUANGZHOU, China, May 09, 2023--XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its first quarter 2023 unaudited financial results on Wednesday, May 24, 2023, before the open of U.S. markets.
XPeng Inc.'s ( NYSE:XPEV ) price-to-sales (or "P/S") ratio of 2.3x might make it look like a buy right now compared to...
GUANGZHOU, China, May 01, 2023--XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for April 2023.
There's lots to watch, from how the margins have been pinched by price cuts to whether Elon Musk will even be on the call.
Chinese electric vehicle maker Xpeng Inc is the latest manufacturer hoping to save money and speed development and production by shifting to a digital vehicle architecture - an approach that bears a striking resemblance to Tesla Inc's. Unveiled this week ahead of the Shanghai Auto Show, Xpeng's Smart Electric Platform Architecture 2.0 has essentially the same foundation that Tesla has developed over the past two years with its Model Y: large single-piece front and rear underbody castings, joined in the center by a massive battery pack that helps to reinforce the vehicle body structure. The first Xpeng model to use the SEPA 2.0 platform, a compact SUV called G6, was unveiled at this week's Shanghai show and is also startlingly close in dimensions and shape to the Model Y. Xpeng has said the G6 will be priced from just under $30,000, nearly $10,000 less than the lowest-priced Shanghai-built Model Y.
With various automakers like F, XPEV, NIO, BYDDY and others joining the Tesla-fueled EV price war in China, it's the potential EV buyers who are making the most out of the cut-throat competition.
CarMax, Ford, Blink Charging and XPeng are part of the Zacks top Analyst Blog.
SHANGHAI, April 18, 2023--XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle ("Smart EV") company, today announced the debut of its fifth smart EV model, the XPENG G6* Ultra Smart Coupe SUV, at Auto Shanghai 2023.
The Yahoo Finance Live team discuss a jump in XPeng stock after a new production platform was unveiled.
Tesla has been cutting vehicle prices in China and elsewhere, so cost-saving opportunities are critical for competitors.
XPeng Inc. ( NYSE:XPEV ) shareholders should be happy to see the share price up 12% in the last month. But that isn't...
Yahoo Finance Live anchors Brad Smith and Brian Sozzi break down the rise in stock for Chinese EV makers.
Chinese electric vehicle stocks rose on Monday as XPeng (XPEV) announced a new production process that will lower costs.
CarMax (KMX) posts mixed fiscal Q4 results. Ford (F) announces plans to spend C$1.8 billion on its Oakville, ON, manufacturing site to transform it into a high-volume EV manufacturing hub.