XPengXPEV
Market Cap: 8.04B
About: Founded in 2015, XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold over 141,000 EVs in 2023, accounting for about 2% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.
Employees: 13,550
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
48% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 50
0.34% more ownership
Funds ownership: 6.8% [Q4 2023] → 7.14% (+0.34%) [Q1 2024]
0% more funds holding
Funds holding: 189 [Q4 2023] → 189 (+0) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1% less call options, than puts
Call options by funds: $122M | Put options by funds: $123M
17% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2023] → 5 (-1) [Q1 2024]
44% less capital invested
Capital invested by funds: $1.53B [Q4 2023] → $847M (-$678M) [Q1 2024]
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
B of A Securities Ming Hsun Lee | 37%upside $11.7 | Buy Maintained | 16 Jul 2024 |
Citigroup Jeff Chung | 2%downside $8.3 | Neutral Upgraded | 25 Jun 2024 |
Macquarie Eugene Hsiao | 18%downside $7 | Neutral Reinstated | 15 Apr 2024 |
Morgan Stanley Tim Hsiao | 112%upside $18 | Overweight Maintained | 11 Mar 2024 |
JP Morgan Nick Lai | 6%upside $9 | Neutral Maintained | 23 Feb 2024 |
Financial journalist opinion
Based on 29 articles about XPEV published over the past 30 days