Bernstein Raises XPeng (XPEV) Target to $19 After 330% YoY Delivery Surge

From Yahoo Finance: 2025-05-24 04:20:00

In their Q1 release, Bernstein analysts raised XPeng Inc. (NYSE: XPEV) price target from $18 to $19 while maintaining a Market Perform rating. XPeng’s first-quarter revenue of RMB 15.8 billion marked a 141.5% increase YoY with 94,000 units delivered, a 330.8% surge. Q2 revenue is estimated between RMB 17.5 billion and RMB 18.7 billion with a sales volume of 102,000 to 108,000 units, a 238% to 258% boost YoY.

The firm anticipates XPeng’s Q2 guidance to be in line with the facelifts of G6, G9, M03 Max, and G7 models. While the company’s growth potential is acknowledged, some AI stocks are believed to offer higher returns with limited downside risk. For those seeking promising AI stocks with 100x upside potential, a report on the cheapest AI stock is recommended.



Read more at Yahoo Finance: Bernstein Raises XPeng (XPEV) Target to $19 After 330% YoY Delivery Surge