From Yahoo Finance: 2025-05-24 15:36:00

Macquarie upgraded XPeng Inc. (NYSE:XPEV) from Neutral to Outperform, with a price target raised from $22 to $24. The company’s strong Q1 2025 report showcased a gross margin of 15.6% and a decrease in losses from $190 million to around $91.6 million. XPeng aims to achieve profitability by Q4 2025.

XPeng delivered 94,008 vehicles in Q1, generating revenue of $2.20 billion. Vehicle sales revenue surged over 159% from last year, helping to mitigate losses. Analyst Eugene Hsiao believes XPeng is overcoming previous challenges and can spark growth with its M03 and P7+ models. New 2025 models include G6, G9, and Mona Max.

XPeng Inc. (NYSE:XPEV) is a well-known Chinese Smart EV manufacturer, focusing on mid to high-end EVs like the G3 SUV and P7 sedan. While XPEV shows promise, some AI stocks may offer higher returns. Check out our report on a potential AI stock with significant upside potential.



Read more at Yahoo Finance: Macquarie Upgrades XPeng (XPEV) to Outperform