XPeng (XPEV) Scheduled to Post Earnings on Tuesday

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

XPeng (NYSE:XPEV) last posted its earnings results on Tuesday, August 20th. The company reported ($0.19) earnings per share (EPS) for the quarter. XPeng had a negative return on equity of 23.38% and a negative net margin of 21.64%. 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 0.9 %

Shares of XPEV stock opened at $12.74 on Monday. The company has a market capitalization of $12.00 billion, a PE ratio of -10.44 and a beta of 2.80. XPeng has a 52-week low of $6.55 and a 52-week high of $18.74. The business’s fifty day moving average is $11.44 and its 200 day moving average is $9.17. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.31 and a current ratio of 1.50.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. JPMorgan Chase & Co. raised XPeng from a “neutral” rating to an “overweight” rating and increased their target price for the company from $8.00 to $11.50 in a research note on Thursday, September 5th. Bank of America decreased their price objective on XPeng from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday, August 21st. Macquarie upgraded XPeng from a “neutral” rating to an “outperform” rating in a research report on Friday, August 30th. Finally, Citigroup reduced their price target on shares of XPeng from $8.30 to $7.60 and set a “neutral” rating on the stock in a research report on Wednesday, August 21st. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, XPeng has an average rating of “Buy” and a consensus price target 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.