XPeng (XPEV) to Release Earnings on Tuesday

XPeng (NYSE:XPEVGet Free Report) is set to issue its quarterly earnings data before the market opens on Tuesday, November 19th. XPeng has set its Q3 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

XPeng (NYSE:XPEVGet Free Report) last issued its earnings results on Tuesday, August 20th. The company reported ($0.19) earnings per share (EPS) for the quarter. XPeng had a negative net margin of 21.64% and a negative return on equity of 23.38%. The firm had revenue of $1.12 billion during the quarter. On average, analysts expect XPeng to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

XPeng Trading Up 5.7 %

XPeng stock opened at $15.32 on Tuesday. The stock 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 $14.43 billion, a P/E ratio of -12.56 and a beta of 2.80. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.31 and a current ratio of 1.50. XPeng has a 52 week low of $6.55 and a 52 week high of $18.74.

Analyst Ratings Changes

XPEV has been the topic of a number of research analyst reports. Bank of America dropped their price target on XPeng from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Wednesday, August 21st. JPMorgan Chase & Co. raised shares of XPeng from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $8.00 to $11.50 in a research report on Thursday, September 5th. Citigroup reduced their target price on shares of XPeng from $8.30 to $7.60 and set a “neutral” rating for the company in a report on Wednesday, August 21st. Finally, Macquarie raised shares of XPeng from a “neutral” rating to an “outperform” rating in a report on Friday, August 30th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $9.42.

Check Out Our Latest Report on XPEV

XPeng Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for XPeng (NYSE:XPEV)

Receive News & Ratings for XPeng Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPeng and related companies with MarketBeat.com's FREE daily email newsletter.