Wall Street predicts XPeng stock price for next 12 months
Despite the highly competitive industry in 2024 suffering significant drawbacks that made EV producers cut costs, scale back production, and announce layoffs, XPeng (NYSE: XPEV) managed to restructure quickly, and the results are already showing.
Xpeng shares surge on tech service income, upbeat comments on self-driving tech
Shares in Chinese electric vehicle maker Xpeng jumped on Wednesday driven by revenue growth from research and development services offered to Volkswagen as well as upbeat comments about its goals for gains in self-driving tech.
Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries
Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries.
5 Investors Betting Big on XPeng (XPEV) Stock in Q1
XPeng (NYSE: XPEV ) stock climbed as much as 20% today after the Chinese electric vehicle (EV) maker reported its first-quarter earnings. However, the initial enthusiasm has cooled down, with XPEV stock now up by about 6% on the day.
XPEV Stock Alert: XPeng Surges on Higher Delivery Forecast
XPeng (NYSE: XPEV ) stock is on the climb today, up 5% as of this writing after delivering a promising first-quarter earnings report this morning. The Chinese electric vehicle (EV) maker managed to handily beat earnings, margin and guidance estimates in its fiscal Q1.
XPeng Inc. (XPEV) Q1 2024 Earnings Call Transcript
XPeng Inc. (NYSE:XPEV ) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET Company Participants Alex Xie - Head of Investor Relations Xiaopeng He - Co-Founder, Chairman and Chief Executive Officer James Wu - Vice President of Finance and Accounting Charles Zhang - Vice President of Corporate Finance and Investments Brian Gu - Vice Chairman and President Conference Call Participants Tim Hsiao - Morgan Stanley Ming Lee - Bank of America Bin Wang - Deutsche Bank Paul Gong - UBS Tina Hou - Goldman Sachs Operator Hello, ladies and gentlemen, thank you for standing by for the First Quarter 2024 Earnings Conference Call for XPeng Inc. At this time, all participants are in listen-only mode. After management's remarks, there will be a question-and-answer session.
XPeng Stock Is Surging After Earnings -- Here's Why
XPeng reported a narrower-than-expected first-quarter loss on Tuesday morning. The company's deliveries were up nearly 20% in the first quarter, and the company expects further growth in Q2.
XPeng Stock Soars As EV Deliveries Take Off
American depositary receipts (ADRs) of XPeng (XPEV) surged Tuesday after the Chinese electric vehicle (EV) maker that focuses on artificial intelligence (AI) technology posted strong sales and slashed its losses on higher deliveries.
Xpeng shares accelerate as losses narrow and margins jump
Xpeng Inc (NYSE:XPEV) shares accelerated 8% ahead of Tuesday's open after it unveiled narrower losses, increased deliveries and a jump in profit margins for the first quarter. Total deliveries over the three months to March sat at 21,821, the Chinese electric vehicle firm reported on Tuesday, representing a 19.7% increase on a year earlier.
Xpeng shares accelerate as losses narrow and margins jump
Xpeng Inc (NYSE:XPEV) shares accelerated 8% ahead of Tuesday's open after it unveiled narrower losses, increased deliveries and a jump in profit margins for the first quarter. Total deliveries over the three months to March sat at 21,821, the Chinese electric vehicle firm reported on Tuesday, representing a 19.7% increase on a year earlier.
XPeng's stock leaps after EV maker's sales beat by widest margin in 2 years
Shares of XPeng Inc. powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.
XPeng Stock Soars on Earnings Beat and Higher Profit Margins
XPeng reports a first-quarter loss that was narrower than Wall Street expectations.
