XPeng, Inc. Class A (9868) Gets a Buy from SPDB
In a report released yesterday, from SPDB maintained a Buy rating on XPeng, Inc. Class A, with a price target of HK$89.90.
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XPeng, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$107.17.
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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