XPeng Inc ADR (NYSE: XPEV) Stock Forecast for 2023 with -586.37% Downside

In the last trading session, 15.81 million XPeng Inc ADR (NYSE:XPEV) shares changed hands as the company’s beta touched 2.77. With the company’s per share price at $10.49 changed hands at $0.27 or 2.64% during last session, the market valuation stood at $8.11B. XPEV’s last price was a discount, traded about -78.65% off its 52-week high of $18.74. The share price had its 52-week low at $6.55, which suggests the last value was 37.56% up since then. When we look at XPeng Inc ADR’s average trading volume, we note the 10-day average is 16.73 million shares, with the 3-month average coming to 13.23 million.

Analysts gave the XPeng Inc ADR (XPEV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.71. 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.

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XPeng Inc ADR (NYSE:XPEV) trade information

Instantly XPEV was in green as seen at the end of in last trading. With action -18.68%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.10%, with the 5-day performance at -18.68% in the red. However, in the 30-day time frame, XPeng Inc ADR (NYSE:XPEV) is 11.71% up. Looking at the short shares, we see there were 38.69 million shares sold at short interest cover period of 2.73 days.

The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 19.31% from its current 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 -586.37% plunge from its current level, while the stock would need to tank 59.96% 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 51.37% over the past 6 months, a 42.86% in annual growth rate that is considerably higher than the industry average of -7.30%.

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 59.22%, but the outlook for the next 5-year period is at -5.74% per year.

XPEV Dividends

XPeng Inc ADR is expected to release its next quarterly earnings report on 2024-Nov-13.

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.