From Investing.com: 2024-11-20 09:18:23

Citi analysts predict a multi-stage de-rating process for Xpeng, with potential downside risks to gross profit margins due to declining average selling prices and sales mix changes as the company introduces new models like MONA. New orders are expected to decline week-over-week, impacting sales volumes in early 2025. Competition from rivals could shorten Xpeng’s product cycle, leading to reduced sales forecasts and revenue expectations for 2024-2026. Despite this, improved GPM forecasts have been noted, resulting in adjusted net loss forecasts for the same period.



Read more at Investing.com: Citi launches a 90-day downside Catalyst Watch on Xpeng stock By Investing.com