XPENG (NYSE:XPEV) Issues Quarterly Earnings Results

XPENG (NYSE:XPEV) released its earnings results on Thursday. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.16), Zacks reports. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.87 billion. XPENG had a negative net margin of 3.09% and a negative return on equity of 7.72%.

Here are the key takeaways from XPENG’s conference call:

• XPeng reported Q1 2026 revenue of RMB 13.03 billion, down 17.6% year over year and 21.4% quarter over quarter, while net loss widened to RMB 1.78 billion. Vehicle sales revenue fell sharply as deliveries declined to 62,682 units in a volatile China NEV market.
• Management signaled a strong rebound, guiding Q2 deliveries to 100,000-106,000 vehicles and revenue to RMB 19.6 billion-20.8 billion. The company said it expects sequential growth in each remaining quarter, supported by new models and rising production.
• XPeng emphasized its transformation into a “physical AI” company, with major investment plans around autonomous driving, robotaxis, and humanoid robots. Management said these areas could become new revenue and profit engines over time, especially as mass production and commercialization advance.
• The company highlighted momentum in its smart-driving stack, saying VLA 2.0-assisted driving mileage penetration exceeded 50% in April and that a major OTA upgrade is planned for Q3. Management expects the next releases to materially improve capability and reduce takeover rates, while also expanding language interaction through VLM integration by year-end.
• International expansion is becoming a bigger growth driver, with management saying international revenue should exceed 20% of total revenue from Q2 and overseas deliveries should more than double this year. XPeng also said its overseas business already shows better profitability, supported by local manufacturing in Southeast Asia and Europe.

XPENG Stock Up 4.4%

XPEV stock opened at $17.18 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.89 and a debt-to-equity ratio of 0.48. XPENG has a 1 year low of $14.72 and a 1 year high of $28.24. The company has a fifty day simple moving average of $16.80 and a 200 day simple moving average of $18.54. The firm has a market cap of $16.30 billion, a PE ratio of -50.53 and a beta of 1.12.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC increased its position in XPENG by 6.0% in the 4th quarter. Parallel Advisors LLC now owns 10,293 shares of the company’s stock worth $209,000 after buying an additional 584 shares during the period. Royal Bank of Canada boosted its holdings in shares of XPENG by 33.6% in the 1st quarter. Royal Bank of Canada now owns 23,657 shares of the company’s stock worth $490,000 after acquiring an additional 5,945 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of XPENG by 29.4% in the second quarter. Ameriprise Financial Inc. now owns 127,533 shares of the company’s stock valued at $2,280,000 after buying an additional 28,983 shares during the last quarter. Institutional investors and hedge funds own 21.09% of the company’s stock.

Analyst Ratings Changes

XPEV has been the topic of several recent analyst reports. Jefferies Financial Group reissued a “buy” rating and set a $25.20 price target on shares of XPENG in a research report on Friday. Citigroup restated a “buy” rating on shares of XPENG in a research report on Friday, February 6th. BNP Paribas Exane cut XPENG from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 22nd. Barclays dropped their target price on XPENG from $17.00 to $16.00 and set an “underweight” rating on the stock in a report on Tuesday, March 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of XPENG in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $25.36.

About XPENG

XPENG Inc (NYSE: XPEV) is a China-based developer and manufacturer of smart electric vehicles. The company designs, engineers and sells battery-electric sedans and sport-utility vehicles along with related software and services. Founded in 2014, XPENG positions itself as a technology-driven automaker with a focus on vehicle connectivity, software-defined features and advanced driver assistance systems.

Product offerings center on passenger EVs spanning compact crossovers and midsize sedans, supported by in-house software platforms and over-the-air update capabilities.