XPeng Inc ADR (NYSE:XPEV) Shares Are Down -16.58 Percent In A Week – But Can The Gains Continue?

In recent trading session, XPeng Inc ADR (NYSE:XPEV) saw 3.26 million shares changing hands at last check today with its beta currently measuring 2.77. Company’s recent per share price level of $10.56 trading at -$0.49 or -4.42% at last check today assigns it a market valuation of $8.17B. That most recent trading price of XPEV’s stock is at a discount of -77.46% from its 52-week high price of $18.74 and is indicating a premium of 37.97% from its 52-week low price of $6.55. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 16.92 million shares which gives us an average trading volume of 13.10 million if we extend that period to 3-months.

For XPeng Inc ADR (XPEV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 14 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.24 in the current quarter.

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XPeng Inc ADR (NYSE:XPEV) trade information

Upright in the red during last session for losing -4.42%, in the last five days XPEV remained trading in the red while hitting it’s week-highest on Friday, 10/11/24 when the stock touched $10.56 price level, adding 19.02% to its value on the day. XPeng Inc ADR’s shares saw a change of -27.61% in year-to-date performance and have moved -16.58% in past 5-day. XPeng Inc ADR (NYSE:XPEV) showed a performance of 22.24% in past 30-days. Number of shares sold short was 38.69 million shares which calculate 2.73 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 18.77% to its recent value today. Analysts have been projecting 4.2 as a low price target for the stock while placing it at a high target of 72. It follows that stock’s current price would jump 60.23% in reaching the projected high whereas dropping to the targeted low would mean a gain of 60.23% for stock’s current value.

XPeng Inc ADR (XPEV) estimates and forecasts

Statistics highlight that XPeng Inc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 47.30% of value to its shares in past 6 months, showing an annual growth rate of 43.45% while that of industry is -5.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 32.50% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.37B for the same. And 7 analysts are in estimates of company making revenue of 2.08B in the next quarter. Company posted 1.19B and 1.84B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -33.39% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 59.12% while estimates for its earnings growth in next 5 years are of -5.74%.

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

PRIMECAP MANAGEMENT CO/CA/ is the top institutional holder at XPEV for having 16.42 million shares of worth $120.37 million. And as of 2024-06-30, it was holding 1.742 of the company’s outstanding shares.

The second largest institutional holder is D. E. SHAW & CO., INC., which was holding about 12.54 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.3302 of outstanding shares, having a total worth of $91.91 million.