Jefferies Upgrades XPeng Stock Rating to Hold from Sell
April 26, 2023
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XPeng Inc., a Chinese electric car startup, recently had its stock rating upgraded by Jefferies from ‘Sell’ to ‘Hold’. XPeng Inc., also known as Xpeng ($NYSE:XPEV) Motors, is a leading Chinese electric car maker based in Guangzhou. With the rise of electric cars, the company has experienced rapid growth in the past few years, expanding their presence across the globe. The upgrade in stock rating comes as good news for XPeng Inc., as Jefferies is one of the leading global investment banks. The upgraded rating reflects their confidence in the company’s long-term prospects and growth.
The report from Jefferies also cited XPeng Inc.’s impressive sales figures, strong product lineup, and its competitive position within the market as factors that have contributed to their confidence in the company’s future. This upgrade in stock rating is expected to lead to a positive market sentiment and its share price may go up in the near future. Investors are now expecting XPeng Inc. to deliver strong performance and continue to grow their presence in the electric car market.
Market Price
The stock opened at $9.1 and closed at $8.8, marking a 4.8% decrease from the prior closing price of $9.3. Despite the current downturn, analysts remain hopeful for the long-term prospects of XPeng and have recommended investors to pay attention to the company’s developments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Xpeng Inc. More…
| Total Revenues | Net Income | Net Margin |
| 26.86k | -9.14k | -31.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Xpeng Inc. More…
| Operations | Investing | Financing |
| -818.38 | -33.08k | 14.63k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Xpeng Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 71.49k | 34.58k | 42.91 |
Key Ratios Snapshot
Some of the financial key ratios for Xpeng Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 126.2% | – | -33.5% |
| FCF Margin | ROE | ROA |
| -23.3% | -14.6% | -7.9% |
Analysis
At GoodWhale, we’ve conducted an extensive analysis of XPENG INC‘s wellbeing. We’ve assessed their financial and business aspects and based on our Risk Rating, XPENG INC is a high risk investment. After conducting a rigorous review of their income sheet, balance sheet and cashflow statement, we have detected three risk warnings. We believe that these indicators may have an adverse effect on the potential success of this investment, so it’s important to understand them. If you’re considering investing in XPENG INC, make sure to register with us first so you can get a better understanding of their risks. Our analysis will give you a comprehensive overview of the company’s financial and operational health, and help you make an informed decision. More…
Summary
XPeng Inc is a Chinese electric vehicle maker that has been gaining increasing attention and popularity in the stock market. Recently, Jefferies upgraded XPeng’s stock to a “Hold” rating from a “Sell” rating after analyzing the company’s performance. Despite the upgrade, the stock price moved down the same day, potentially due to investors’ cautious outlook on the overall electric vehicle market, which has faced recent headwinds. Analysts still caution that investors should not expect quick returns from XPeng stock, as the company’s success is heavily dependent on the price of commodities, as well as government policies.
Despite this volatility, XPeng stock appears to have potential for long-term growth, as electric vehicles become more popular in China and beyond. Investors should keep an eye on XPeng’s developments and remain aware of potential risks associated with investing in the company.
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