Xpeng Motors sees increase in stock price and strong earnings, with positive outlook for 2025.
From Nasdaq: 2024-09-09 11:01:51
Chinese electric vehicle (EV) stocks, like NIO and Xpeng Motors, have seen upward movement recently, with XPEV up 21% in the last month but still down 43% for the year. Xpeng’s Q2 earnings were strong, with gross margins expanding to 14%, and CEO He Xiaopeng purchasing 2 million shares boosted market sentiment.
Xpeng Motors launched the Mona M03 electric coupe, priced below $17,000, and received 10,000 orders within the first hour. XPEV shares rallied after NIO reported better-than-expected Q2 earnings, as Chinese EV stocks tend to move in tandem. Wall Street analysts are warming up to Xpeng, with JPMorgan upgrading the stock to “overweight.”
XPEV’s deliveries are predicted to be strong in 2025 with new models like the Mona M03 and P7 plus sedans driving growth. International expansion and a partnership with Volkswagen are key factors for Xpeng’s future success. While XPEV stock can be volatile, market analysts expect strong revenue growth and a reduction in EBITDA losses in 2025, making the stock potentially appealing for investors.
2025 will be the year of execution for Xpeng Motors, with the potential for better performance if the company can gain traction with its new models and improve margins. While the margin of error is low for XPEV and other EV stocks, a successful execution in 2025 could lead to significant gains for the company.
Read more at Nasdaq: XPEV Stock 2025 Forecast: Can Xpeng Make It Big With New Models?