XPeng

XPEV

Market cap $16.9B

LOS ANGELES, April 14, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises XPeng, Inc. (“XPeng" or the "Company") (NYSE: XPEV) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

NIO posts a 136% March delivery surge as Chinese EV makers report mixed Q1 results, with XPeng declining and Li Auto logging steady growth.

Shares of Nio (NYSE:NIO | NIO Price Prediction), Li Auto (NASDAQ:LI), and Xpeng (NYSE:XPEV) are all trading higher Wednesday morning after each posted March delivery figures, while Tesla (NASDAQ:TSLA) ticks up modestly ahead of its own Q1 report.

BYD, NIO, XPeng, and Li Auto delivered about 400,000 electrified cars in March, including plug-in hybrids, down 12% year over year.

Rivian is VW Group's software and hardware partner outside of China. Xpeng is doing a lot of the same work for Volkswagen in China.

GUANGZHOU, China, April 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for March and the first quarter of 2026. In March 2026, XPENG delivered a total of 27,415 vehicles, representing an 80% increase over the prior month.

XPeng Inc. is a Strong Buy, reflecting robust execution, milestone achievement, and strategic AI-driven growth. XPEV demonstrates superior operational continuity, highlighted by successful launches, rapid AI SoC deployment, and a landmark Volkswagen partnership. Despite guiding for Q1 2026 revenue and delivery declines, XPEV's financial strength, profitability trajectory, and attractive valuation underpin the bullish thesis.

XPeng Inc. is a fast-growing, innovative Chinese EV OEM, now achieving positive EBITDA and scaling rapidly in a highly competitive market. I maintain a Buy rating, targeting $31 for YE27 (64% upside), based on strong volume growth, margin expansion, and over 60% forecasted earnings growth for 2026-2028. Robotaxi and robotics initiatives offer additional upside optionality, though competition, price wars, and tariff risks remain material.

XPeng achieved its first-ever GAAP net profit in Q4, marking a significant turnaround and improved investment setup. Q4 saw strong delivery momentum, especially for the Mona brand, driving 38.2% year-over-year revenue growth to $3.18B. Despite a slight margin contraction to 13%, I reaffirm my buy rating on XPEV, citing upside risk skew from delivery growth.

Xpeng Inc – ADR (NYSE:XPEV) shares fell around 6% on Friday after the company reported worse-than-expected fourth-quarter sales results and issued soft first-quarter delivery guidance.