Key Insights:
- XPeng (XPEV, Financial) experiences a significant surge in Q1 revenue, driven by record vehicle deliveries.
- The company's notable improvements in gross margin and reduction in net losses mark a positive financial turnaround.
- Future outlook indicates potential profitability and substantial growth in vehicle deliveries.
XPeng Inc. (XPEV) experienced a remarkable surge in its share value following a substantial 141% increase in first-quarter revenue. This impressive growth was primarily driven by the company's record vehicle deliveries, which totaled 94,008 units. Such a performance not only bolstered XPeng's financial standing but also led to an improved gross margin of 15.6%, while net losses narrowed significantly. Looking ahead, XPeng anticipates considerable growth in vehicle deliveries during the second quarter and aims to achieve profitability by late 2025.
Wall Street Analysts Forecast
Turning to Wall Street insights, 26 analysts have set a one-year average target price of $23.17 for XPeng Inc. (XPEV, Financial), with estimates ranging from a high of $31.95 to a low of $9.98. This average target price suggests an upside potential of 5.47% from the current trading price of $21.97. For more comprehensive estimate data, please refer to the XPeng Inc (XPEV) Forecast page.
XPeng's current consensus recommendation, based on insights from 25 brokerage firms, stands at 2.3, indicating an "Outperform" status. The rating scale used ranges from 1 to 5, where 1 represents a Strong Buy, and 5 signifies Sell.
Additionally, GuruFocus estimates place the GF Value for XPeng Inc. (XPEV, Financial) at $29.79 within the next year. This estimation reflects a potential upside of 35.59% from the present price of $21.97. The GF Value is derived from historical trading multiples, past business growth, and projected future performance. Detailed data can be accessed on the XPeng Inc (XPEV) Summary page.
