Xpeng Stock
Deutsche Bank says Xpeng stock could gather upward momentum, reaffirms Buy rating and $58 price target
Xpeng's stock could gather some upward momentum from investors driven by the positive sentiment around XPILOT 3.0 and its upcoming new sedan with LiDAR, according to Deutsche Bank analysts led by Edison Yu in a note to investors on Thursday.
How will Xpeng respond to potential shorting? CEO responds
Short sellers are active in the US stock market, for example, Tesla has been plagued by short sellers for a long time and Nio has been shorted as well. How should Xpeng respond if it also encounters this situation?
Xpeng CEO cites intelligence, high gross profit as reasons for surge in electric car stocks
Xpeng is up over 80% since its IPO in late August, Nio is up 1,130% this year, and Li Auto is up 78% since its IPO in late July.
Analysts say China's NEV industry at the start of golden decade, but give Nio, Xpeng, Li Auto 'sell' ratings
Capital market enthusiasm has driven the industry to over-valuation, the analysts say.
Deutsche Bank initiates coverage on Xpeng with Buy rating and $58 price target
The price target represents a 31 percent upside potential to the Chinese electric car company's Friday closing price of $44.31.
Xpeng announces plan to issue 40 million additional ADSs, stock down up to 10% pre-market
On December 2, Li Auto filed an F-1 with the SEC for the issuance of 47 million additional ADSs for net proceeds of approximately $1.62 billion.
Citi raises price targets on Xpeng and Li Auto
Citi raised price target on Xpeng (XPEV.US) from $34.70 to $57.71, and maintains "Buy" rating. The bank also raised Li Auto (LI.US) rating from "Neutral" to "Buy" with a price target raised to $45.60 from $27.10.