♔ The Trade Off
Huatai Securities Remains a Buy on XPeng, Inc. Class A (9868)
Huatai Securities analyst maintained a Buy rating on XPeng, Inc. Class A yesterday and set a price target of HK$104.10.
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Currently, the analyst consensus on XPeng, Inc. Class A is a Strong Buy with an average price target of HK$106.66.
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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