XPeng Inc ADR [XPEV] stock Upgrade by BofA Securities analyst, price target now $22

XPeng Inc ADR [NYSE: XPEV] loss -5.46% on the last trading session, reaching $9.00 price per share at the time. The company report on February 12, 2024 at 4:15 AM that The XPENG G9 delivered top performances in severe winter weather conditions during 2024 NAF Winter Test.

XPENG G9.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The XPENG G9 reached the top spot in the charging test, going from 10-80% in just 19 minutes, with a peak capacity of 291kW.

If compared to the average trading volume of 11.69M shares, XPEV reached a trading volume of 10381891 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about XPeng Inc ADR [XPEV]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XPEV shares is $14.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XPEV stock is a recommendation set at 2.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for XPeng Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 21, 2023. The new note on the price target was released on August 08, 2023, representing the official price target for XPeng Inc ADR stock. Previously, the target price had yet another raise to $22, while HSBC Securities analysts kept a Buy rating on XPEV stock.

The Average True Range (ATR) for XPeng Inc ADR is set at 0.56, with the Price to Sales ratio for XPEV stock in the period of the last 12 months amounting to 2.15. The Price to Book ratio for the last quarter was 1.97, with the Price to Cash per share for the same quarter was set at 5.58.

Trading performance analysis for XPEV stock

XPeng Inc ADR [XPEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.04. With this latest performance, XPEV shares dropped by -6.64% in over the last four-week period, additionally sinking by -39.92% over the last 6 months – not to mention a drop of -7.22% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XPEV stock in for the last two-week period is set at 42.19, with the RSI for the last a single of trading hit 47.89, and the three-weeks RSI is set at 39.44 for XPeng Inc ADR [XPEV]. The present Moving Average for the last 50 days of trading for this stock 11.55, while it was recorded at 9.04 for the last single week of trading, and 14.02 for the last 200 days.

XPeng Inc ADR [XPEV]: A deeper dive into fundamental analysis

XPeng Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.27 and a Current Ratio set at 1.44.

XPeng Inc ADR [XPEV]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, XPeng Inc ADR posted -0.39/share EPS, while the average EPS was predicted by analysts to be reported at -0.35/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -11.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XPEV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for XPeng Inc ADR go to -5.74%.

An analysis of Institutional ownership at XPeng Inc ADR [XPEV]

The top three institutional holders of XPEV stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in XPEV stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in XPEV stock with ownership which is approximately 5.8325%.