XPeng (XPEV) Set to Announce Quarterly Earnings on Tuesday

XPeng (NYSE:XPEV) will release its earnings data before the market opens on Tuesday, November 19th. XPeng has set its Q3 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

XPeng (NYSE:XPEV) last announced its quarterly earnings data on Tuesday, August 20th. The company reported ($0.19) earnings per share (EPS) for the quarter. XPeng had a negative net margin of 21.64% and a negative return on equity of 23.38%. The company had revenue of $1.12 billion for the quarter. On average, analysts expect XPeng to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

XPeng Trading Up 0.9 %

NYSE XPEV opened at $12.74 on Monday. XPeng has a 12 month low of $6.55 and a 12 month high of $18.74. The company has a current ratio of 1.50, a quick ratio of 1.31 and a debt-to-equity ratio of 0.18. The stock’s fifty day moving average price is $11.44 and its 200-day moving average price is $9.17. The stock has a market cap of $12.00 billion, a P/E ratio of -10.44 and a beta of 2.80.

Wall Street Analyst Weigh In

A number of analysts have weighed in on XPEV shares. JPMorgan Chase & Co. upgraded shares of XPeng from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $8.00 to $11.50 in a research note on Thursday, September 5th. Bank of America reduced their price target on shares of XPeng from $11.00 to $10.00 and set a “buy” rating for the company in a research report on Wednesday, August 21st. Citigroup decreased their price objective on shares of XPeng from $8.30 to $7.60 and set a “neutral” rating for the company in a report on Wednesday, August 21st. Finally, Macquarie upgraded XPeng from a “neutral” rating to an “outperform” rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, XPeng has a consensus rating of “Buy” and a consensus price target of $9.42.

XPeng Company Profile

XPeng Inc designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.