Currently, the analyst consensus on XPeng, Inc. Class A is a Strong Buy with an average price target of HK$89.71, implying a 58.64% upside from current levels. In a report released on July 2, Morgan Stanley also maintained a Buy rating on the stock with a HK$96.00 price target.
Based on XPeng, Inc. Class A’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$12.92 billion and a GAAP net loss of HK$1.77 billion. In comparison, last year the company earned a revenue of HK$15.81 billion and had a GAAP net loss of HK$664.05 million
