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<Research>CCBI Adds XPeng (XPEV.US) TP to US$25.6, Rating Outperform
Benefiting from improved operational efficiency, XPENG-W (09868.HK)(XPEV.US)'s 1Q25 gross profit margin improved to 15.6%, according to CCBI's research report.Management re...
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<Research>CCBI Adds XPeng (XPEV.US) TP to US$25.6, Rating Outperform
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SHORT SELL
 
STOCK INFO

Benefiting from improved operational efficiency, XPENG-W (09868.HK)  -3.200 (-3.900%)    Short selling $690.76M; Ratio 29.473%   (XPEV.US)      's 1Q25 gross profit margin improved to 15.6%, according to CCBI's research report.

Management reiterated its guidance for positive net profit by 4Q25, supported mainly by the launch of three new models in the quarter, including the G7, a new P7 and a new hybrid SUV.

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CCBI believed that the intensive rollout of new models and technologies boosted investor confidence, with the market generally expecting XPENG-W to become one of the leading autonomous driving pioneers among technology-oriented NEV startups.

Therefore, the broker kept rating at Outperform, and added its target price for XPENG-W's US stock from US$24.5 to US$25.6.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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