XPENG Stock Forecast is $5.6

XPENG Stock Forecast is $5.6

XPENG Stock Forecast for the next 12 months is $5.6


XPENG Stock: Latest Price

XPENG Stock Forecast: Q2 Results

  • The revenue of the company decreased from $1.17B (Q1) to $1.12B (Q2). This happened with a YoY of
    93.06 %(Q2) as compared to 157.83% YoY (Q1).
  • EPS for Q3 stands at -0.48 as compared to -0.31 (Q1), with a YoY growth rate of -121.17% (Q2) as
    compared to -121.78% (Q1).
  • Gross margin was 10.9% for the second quarter of 2022, compared with 11.9% for the same period of
    2021 and 12.2% for the first quarter of 2022.
  • Vehicle margin, which is the gross profit of vehicle sales as a percentage of vehicle sales revenue, was
    9.1% for the second quarter of 2022, compared with 11.0% for the same period in 2021 and 10.4% for
    the first quarter of 2022.
  • Net loss was RMB2,700.9 million (US$403.2 million) for the second quarter of 2022, compared
    with RMB1,194.6 million for the same period of 2021 and RMB1,700.8 million for the first quarter of
    2022. 
  • Segment wise revenue details:Vehicle sales: $1,035,890, Services and others: $74,327

Also Read: Rivian Stock Forecast 2022

XPENG Stock Forecast: XPENG VS NIO

Rival firms XPENG and NIO have been competing closely in the Chinese market. They have also been close in stock market competition. Nio was able to deliver 7000 vehicles in May whereas XPENG managed 10,125. The target for both the stocks is very similar as well – For XPENG it is $39.6 and for NIO, it is $34. However, XPENG is much more volatile than NIO at a beta of 5.4 whereas for NIO it is just 2.5.

Financially, NIO is stronger. For Q1, NIO had revenue of $9.9B and XPENG reported $7.5B. The EPS for NIO is $-0.8 which was a surprise of 31.7%. The EPS of XPENG was $-2.0. It is worth noting that both of them have Zack’s rating of “Hold” and both fall into the bottom 19% of the industry.

Given higher revenue and less volatility, NIO seems a better bet out of both stocks.

XPENG Stock Forecast: Earnings Summary

  • The first quarter’s revenue is $1,176.0 million which represented a 152.6% YoY increase.
  • The EPS was $-2 which was less than the previous quarter at $2.
  • This Quarter, XPENG boasts a high amount of vehicle deliveries – 34,422 in Q2, a 98% YoY increase.
  • The CEO commented on the robust demands for their EVs this quarter and mentioned a focus on ADAS i.e. advanced driver-assistant system

XPENG Stock Price Prediction for the next 12 months

Average XPENG Stock Forecast for the next 12 Months$5.6
Barclays$8
Citigroup$3.2

XPENG Stock Forecast Today

Overall OutlookNeutral
1. Market's WisdomN/A
1a. Market DataN/A
1b. Technical RecommendationNeutral
2. Crowd's WisdomPartially Positive
2a. Social Media BuzzHigher
2b. Social Media SentimentNeutral

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

XPENG Stock Forecast

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