Bernstein Reaffirms Their Hold Rating on XPeng, Inc. ADR (XPEV)

Bernstein analyst Eunice Lee maintained a Hold rating on XPeng, Inc. ADR today and set a price target of $21.00.

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Lee covers the Consumer Cyclical sector, focusing on stocks such as BYD Co, Nio, and Li Auto. According to TipRanks, Lee has an average return of 6.4% and a 43.94% success rate on recommended stocks.

In addition to Bernstein, XPeng, Inc. ADR also received a Hold from TR | OpenAI – 4o’s Axel Cruzen in a report issued on November 21. However, on November 18, Daiwa upgraded XPeng, Inc. ADR (NYSE: XPEV) to a Buy.

Based on XPeng, Inc. ADR’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $18.27 billion and a GAAP net loss of $477.75 million. In comparison, last year the company earned a revenue of $8.11 billion and had a GAAP net loss of $1.28 billion