XPeng Drops 5%: Is This Tesla Rival's Autonomous Driving Bet Enough to Justify the Risk?
XPeng (NYSE:XPEV) stock is down 5% in early trading on Friday, sliding toward $18 after closing at $19.15 the day prior.
XPeng shares fall as weak outlook overshadows first quarterly profit
Xpeng Inc (NYSE:XPEV)'s US-listed shares fell nearly 5% in early trading on Friday, as a weaker near-term outlook overshadowed the company's first-ever quarterly profit. The Chinese electric vehicle maker reported a fourth-quarter net profit of RMB0.38 billion ($54.8 million), compared with a loss of RMB1.33 billion a year earlier and a loss in the prior quarter.
This Chinese EV Brand Just Reported Its First-Ever Quarterly Profits
However, the good news was overshadowed by a weak 2026 outlook.
China's Xpeng posts first profit on high-margin EV sales
Chinese electric vehicle maker Xpeng reported its maiden quarterly profit, riding on strong sales of higher-margin models and lucrative technology partnerships.
XPeng Posts First-Ever Profit on Strong Sales, Margins
XPeng became the latest Chinese electric-vehicle maker to become profitable despite intensifying competition.
Why Xpeng Stock Was Winning This Week
Bloomberg reported that Stellantis is soliciting investment among several Chinese companies. This would apparently be directed at its European operations.
XPeng to Launch VLA 2.0 Autonomous Driving Platform in 2027
XPeng's VLA 2.0 targets a 2027 global rollout, advancing its push toward full autonomous driving.
XPeng (XPEV) Is Considered a Good Investment by Brokers: Is That True?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Wall Street Analysts See XPeng (XPEV) as a Buy: Should You Invest?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
XPeng Inc. Sponsored ADR (XPEV) Stock Sinks As Market Gains: Here's Why
XPeng Inc. Sponsored ADR (XPEV) concluded the recent trading session at $17.54, signifying a -1.02% move from its prior day's close.
XPeng Inc. Sponsored ADR (XPEV) Stock Dips While Market Gains: Key Facts
In the latest trading session, XPeng Inc. Sponsored ADR (XPEV) closed at $16.49, marking a -8.29% move from the previous day.
XPeng Inc. Sponsored ADR (XPEV) Stock Drops Despite Market Gains: Important Facts to Note
In the most recent trading session, XPeng Inc. Sponsored ADR (XPEV) closed at $18.57, indicating a -1.17% shift from the previous trading day.
