XPeng Inc ADR (NYSE: XPEV) In 2024: Will It Be Worth Your Money?

In the latest trading session,, 2.06 million XPeng Inc ADR (NYSE:XPEV) shares changed hands as the company’s beta touched 2.69. With the company’s most recent per share price at $8.63 changing hands around $0.11 or 1.24% at last look, the market valuation stands at $6.66B. XPEV’s current price is a discount, trading about -120.63% off its 52-week high of $19.04. The share price had its 52-week low at $6.55, which suggests the last value was 24.1% up since then. When we look at XPeng Inc ADR’s average trading volume, we note the 10-day average is 15.1 million shares, with the 3-month average coming to 11.16 million.

Analysts gave the XPeng Inc ADR (XPEV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.68. If we narrow down to specifics, the data shows that 1 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended XPEV as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. XPeng Inc ADR’s EPS for the current quarter is expected to be -0.27.

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XPeng Inc ADR (NYSE:XPEV) trade information

Instantly XPEV is in green as seen in intraday trades today. With action 3.05%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -40.88%, with the 5-day performance at 3.05% in the green. However, in the 30-day time frame, XPeng Inc ADR (NYSE:XPEV) is 25.73% up. Looking at the short shares, we see there were 50.32 million shares sold at short interest cover period of 5.68 days.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 28.08% from its recent market value. According to analyst projections, XPEV’s forecast low is 4.2 with 72 as the target high. To hit the forecast high, the stock’s price needs a -734.3% plunge from its current level, while the stock would need to tank 51.33% for it to hit the projected low.

XPeng Inc ADR (XPEV) estimates and forecasts

Data shows that the XPeng Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -14.18% over the past 6 months, a 44.05% in annual growth rate that is considerably higher than the industry average of -1.30%. Year-over-year growth is forecast to reach 31.50% up from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 1.39B. 7 analysts are of the opinion that XPeng Inc ADR’s revenue for the current quarter will be 2.15B. The company’s revenue for the corresponding quarters a year ago was 1.19B and 1.84B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 17.20%. The estimates for the next quarter sales put growth at 17.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -33.39%. The 2024 estimates are for XPeng Inc ADR earnings to increase by 59.11%, but the outlook for the next 5-year period is at -5.74% per year.

XPeng Inc ADR (NYSE:XPEV)’s Major holders

D. E. SHAW & CO., INC. holds the second largest percentage of outstanding shares, with 1.3302% or 12.54 million shares worth $91.91 million as of 2024-06-30.