XPeng (XPEV) Set to Announce Quarterly Earnings on Tuesday

XPeng (NYSE:XPEV) is set to post its quarterly earnings results before the market opens on Tuesday, November 19th. XPeng has set its Q3 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

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

XPeng Stock Performance

Shares of XPeng stock opened at $12.74 on Friday. XPeng has a 12 month low of $6.55 and a 12 month high of $18.74. The company has a quick ratio of 1.31, a current ratio of 1.50 and a debt-to-equity ratio of 0.18. The stock has a market cap of $12.00 billion, a PE ratio of -10.44 and a beta of 2.80. The business has a fifty day simple moving average of $11.44 and a 200-day simple moving average of $9.16.

Analyst Upgrades and Downgrades

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

XPeng Company Profile

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.