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Bernstein Keeps Their Hold Rating on XPeng, Inc. Class A (9868)

Tipranks - Tipranks - Sat Feb 7, 3:14PM CST

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 Guangzhou Automobile Group Co. According to TipRanks, Lee has an average return of 7.4% and a 46.38% success rate on recommended stocks.

In a report released on February 4, TipRanks – OpenAI also reiterated a Hold rating on the stock with a HK$68.00 price target.

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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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