Bernstein Sticks to Its Hold Rating for XPeng, Inc. Class A (9868)
Bernstein analyst Eunice Lee maintained a Hold rating on XPeng, Inc. Class A today and set a price target of HK$82.00.
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Lee covers the Consumer Cyclical sector, focusing on stocks such as BYD Co, Nio, and Great Wall Motor Co. According to TipRanks, Lee has an average return of 7.3% and a 43.94% success rate on recommended stocks.
XPeng, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$117.55.
Based on XPeng, Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$18.27 billion and a GAAP net loss of HK$477.75 million. In comparison, last year the company earned a revenue of HK$8.11 billion and had a GAAP net loss of HK$1.28 billion
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