XPeng Inc, also known as XPEV, is a well-known Chinese smart electric vehicle (EV) company that has been making headlines in the stock market.With a current stock price of 15.22 USD, XPEV has seen a steady increase of 28.76% in the past month and a remarkable 85.84% increase in the past year. The company's stock ticker symbol is XPEV and it is listed on the NYSE.
XPEV has been the subject of numerous articles and reports, with analysts weighing in on its performance and future prospects. According to eight analysts, the average rating for XPEV stock is "Buy," and the 12-month stock price forecast is $13.84, indicating a potential decrease of -19.77% from the latest price.
In terms of its fundamentals, XPEV has been rated as "Sell" since 09/02/20, with some experts pointing out that the company's fundamentals look very poor, making an investment in its shares purely speculative. However, XPEV's market rank is higher than 55% of companies evaluated by MarketBeat, placing it 51st out of 86 stocks in the auto/tires/trucks sector.
It is worth noting that XPEV has a short percent of float of 9.76%, which has fallen since its last report. The company has 44.60 million shares sold short as reported recently.
Despite the mixed opinions and ratings, XPEV has attracted investor attention and has become a hot topic in the stock market. The company's stock price has been volatile, and its performance has been closely watched by traders and investors.
XPEV's recent news flow has been significant, with headlines covering various aspects of the company. Macquarie recently downgraded XPEV to neutral from outperform and adjusted its mean price target to $13.25. On the other hand, XPeng Inc has an average rating of overweight and a mean price target of $13.25, according to analysts polled by FactSet.
It is important to note that this article is purely analytical and does not offer any recommendations to buy or sell XPEV stock. The purpose is to provide an objective analysis of the current affairs of XPEV XPENG INC. based on the available data. Traders and investors are advised to conduct their own research and analysis before making any investment decisions.
