tiprankstipranks
Trending News
More News >
XPeng, Inc. Class A (HK:9868)
:9868
Hong Kong Market
Advertisement

XPeng, Inc. Class A (9868) AI Stock Analysis

Compare
96 Followers

Top Page

HK:9868

XPeng, Inc. Class A

(9868)

Select Model
Select Model
Select Model
Neutral 53 (OpenAI - 4o)
Rating:53Neutral
Price Target:
HK$87.00
▲(3.69% Upside)
XPeng's overall stock score is driven by strong revenue growth and positive technical indicators, suggesting potential upward momentum. However, the company's ongoing profitability challenges and negative valuation metrics significantly weigh down the score. The earnings call provided some optimism with improved gross margins and reduced net loss, but increased expenses and declining vehicle margins remain concerns.
Positive Factors
Revenue Growth
XPeng's strong revenue growth indicates robust demand for its products and effective market penetration, supporting long-term business expansion.
International Expansion
Successful international expansion enhances XPeng's global footprint, diversifies revenue streams, and reduces reliance on the domestic market.
Technological Advancements
Investments in cutting-edge technology position XPeng as a leader in innovation, potentially opening new revenue streams and market opportunities.
Negative Factors
Vehicle Margin Decrease
Declining vehicle margins may impact profitability, suggesting pricing pressures or increased costs that could affect long-term financial health.
Increased Expenses
Rising R&D and SG&A expenses could strain financial resources, potentially impacting cash flow and profitability if not managed effectively.
Continued Net Loss
Ongoing net losses highlight challenges in achieving profitability, which could affect long-term sustainability and investor confidence.

XPeng, Inc. Class A (9868) vs. iShares MSCI Hong Kong ETF (EWH)

XPeng, Inc. Class A Business Overview & Revenue Model

Company DescriptionXPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.
How the Company Makes MoneyXPeng generates revenue primarily through the sale of electric vehicles, which constitutes its main revenue stream. The company sells its vehicles directly to consumers and also through a network of dealerships. In addition to vehicle sales, XPeng earns revenue from value-added services, including software subscriptions for its autonomous driving and in-car connectivity features. The company has established partnerships with technology firms to enhance its vehicle capabilities, which can lead to additional revenue through collaborative projects. Furthermore, XPeng may benefit from government incentives and subsidies aimed at promoting the adoption of electric vehicles, contributing to its overall earnings.

XPeng, Inc. Class A Earnings Call Summary

Earnings Call Date:Nov 17, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 24, 2026
Earnings Call Sentiment Positive
XPeng's Q3 2025 earnings call highlighted significant achievements in vehicle deliveries, international expansion, and technological advancements, particularly with their partnership with Volkswagen. However, challenges remain with declining vehicle margins and increased expenses, though the net loss has been reduced.
Q3-2025 Updates
Positive Updates
Record Vehicle Deliveries
XPeng reported vehicle deliveries of 116,007 units in Q3 2025, marking a 149% increase year-over-year.
Gross Margin Improvement
The company's gross margin exceeded 20% for the first time in Q3 2025, compared to 15.3% in the same period of 2024.
Strong Revenue Growth
Total revenues were RMB 20.38 billion for Q3 2025, an increase of 101.8% year-over-year.
International Expansion
XPeng's monthly overseas deliveries exceeded 5,000 units for the first time, a 79% increase year-over-year, with 56 new overseas stores established.
Technological Advancements
XPeng plans to launch Robotaxi and humanoid robots in 2026 and has opened its SDK to partners for collaboration.
Volkswagen Partnership
XPeng's Turing AI SoC was selected by Volkswagen, with revenue from this collaboration expected to ramp up in 2026.
Negative Updates
Vehicle Margin Decrease
Vehicle margin was 13.1% for Q3 2025, a decrease from 14.3% in Q2 2025, attributed to targeted promotions.
Increased R&D and SG&A Expenses
R&D expenses increased by 48.7% year-over-year, and SG&A expenses increased by 52.6% year-over-year for Q3 2025.
Continued Net Loss
Net loss for Q3 2025 was RMB 0.38 billion, although reduced from RMB 1.81 billion year-over-year.
Company Guidance
During the Third Quarter 2025 Earnings Conference Call, XPeng Inc. provided guidance on several key metrics and future projections. The company reported a record delivery of 116,007 vehicles, marking a 149% year-over-year increase, and projected fourth-quarter deliveries to reach between 125,000 and 132,000 units. XPeng's third-quarter revenue rose by 101.8% year-over-year to RMB 20.38 billion, with vehicle sales contributing RMB 18.05 billion. Gross margin improved to 20.1%, surpassing 20% for the first time, while the company reduced its net loss to RMB 0.38 billion from the previous year's RMB 1.81 billion. XPeng anticipates fourth-quarter revenue between RMB 21.5 billion and RMB 23 billion, reflecting growth of 33.5% to 42.8% compared to the previous year. The company also highlighted its strategic focus on physical AI, aiming for mass production of its VLA 2.0 model, Robotaxi, and humanoid robots in 2026, and projected significant sales growth opportunities through the introduction of seven one-vehicle, dual-energy models next year.

XPeng, Inc. Class A Financial Statement Overview

Summary
XPeng, Inc. demonstrates robust revenue growth, a positive indicator in the competitive auto-manufacturing industry. However, persistent operational losses and cash flow challenges underscore the need for improved cost management and efficiency in converting revenues to cash. The company's leverage is moderate, but the lack of profitability impacts its overall financial health.
Income Statement
45
Neutral
The company shows significant revenue growth, with a 33.20% increase from 2023 to 2024. However, profitability remains a challenge as evidenced by negative EBIT and net income margins. The gross profit margin improved to 14.31% in 2024, but the net profit margin is still negative at -14.17%, indicating ongoing operational challenges.
Balance Sheet
55
Neutral
The company maintains a solid equity base with an equity ratio of 37.80% in 2024, but the high debt-to-equity ratio of 0.47 highlights leverage concerns. Despite these, the return on equity remains negative due to losses, pointing towards inefficiencies in generating shareholder returns.
Cash Flow
40
Negative
The cash flow statements indicate zero operating and free cash flow in 2024, suggesting cash flow management issues. The lack of operating cash flow to support net income reflects challenges in converting revenue into cash, impacting liquidity and financial flexibility.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue60.29B40.87B30.68B26.86B20.99B5.84B
Gross Profit9.49B5.85B451.15M3.09B2.62B265.99M
EBITDA-3.92B-2.91B-8.02B-7.58B-3.94B-2.27B
Net Income-4.28B-5.79B-10.38B-9.14B-4.86B-2.73B
Balance Sheet
Total Assets92.43B82.71B84.16B71.49B65.65B44.71B
Cash, Cash Equivalents and Short-Term Investments33.87B32.72B31.67B31.22B39.72B33.01B
Total Debt30.67B15.94B15.39B12.83B5.05B2.29B
Total Liabilities62.09B51.43B47.83B34.58B23.50B10.28B
Stockholders Equity30.34B31.27B36.33B36.91B42.15B34.43B
Cash Flow
Free Cash Flow0.00-4.44B-1.36B-12.91B-5.41B-1.50B
Operating Cash Flow0.00-2.01B956.16M-8.23B-1.09B-139.77M
Investing Cash Flow0.00-1.26B631.17M4.85B-33.08B-4.41B
Financing Cash Flow0.00669.32M8.02B6.00B14.63B34.33B

XPeng, Inc. Class A Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price83.90
Price Trends
50DMA
87.66
Negative
100DMA
82.77
Positive
200DMA
80.14
Positive
Market Momentum
MACD
-1.71
Positive
RSI
45.16
Neutral
STOCH
29.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9868, the sentiment is Neutral. The current price of 83.9 is below the 20-day moving average (MA) of 89.91, below the 50-day MA of 87.66, and above the 200-day MA of 80.14, indicating a neutral trend. The MACD of -1.71 indicates Positive momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 29.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9868.

XPeng, Inc. Class A Risk Analysis

XPeng, Inc. Class A disclosed 115 risk factors in its most recent earnings report. XPeng, Inc. Class A reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

XPeng, Inc. Class A Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
$187.42B10.8913.04%3.29%7.93%-12.94%
72
Outperform
$172.02B9.5117.60%1.95%
66
Neutral
$907.37B20.8919.95%1.48%22.94%10.22%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
59
Neutral
€156.95B18.966.76%-12.24%-56.81%
53
Neutral
HK$169.45B-36.42-9.03%86.21%51.50%
39
Underperform
HK$117.89B-4.52-299.53%15.59%1.62%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:9868
XPeng, Inc. Class A
83.90
35.10
71.93%
HK:1211
BYD Co
97.50
11.85
13.83%
HK:0175
Geely Automobile Holdings
16.94
2.79
19.73%
HK:2333
Great Wall Motor Co
14.97
2.56
20.58%
HK:2015
Li Auto, Inc. Class A
71.95
-16.80
-18.93%
HK:9866
NIO Inc. Class A
43.52
8.32
23.64%

XPeng, Inc. Class A Corporate Events

XPeng Q3 2025 Earnings Call: Growth Amid Challenges
Nov 19, 2025

XPeng’s recent earnings call for Q3 2025 painted a picture of both triumphs and trials. The company celebrated substantial achievements in vehicle deliveries, international expansion, and technological advancements, notably through its partnership with Volkswagen. Despite these successes, XPeng faces challenges with declining vehicle margins and increased expenses, though it has managed to reduce its net loss.

XPeng Inc. Appoints Yudong Chen as Independent Non-Executive Director
Nov 17, 2025

XPeng Inc. has announced the appointment of Mr. Yudong Chen as an independent non-executive director, effective January 1, 2026. Mr. Chen brings extensive experience from his previous roles in various companies, including Bosch and Delphi Automotive Group. His appointment is expected to enhance the board’s diversity and effectiveness, contributing valuable business experience and professionalism.

The most recent analyst rating on (HK:9868) stock is a Hold with a HK$113.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Inc. Reports Robust Q3 2025 Financial Growth Amid Expanding EV Market
Nov 17, 2025

XPeng Inc. reported significant growth in its third-quarter financial results for 2025, with a 101.8% increase in total revenues year-over-year, reaching RMB20.38 billion. The company also saw a substantial rise in vehicle deliveries, up 149.3% from the previous year, and improved its gross margin to 20.1%. Despite a net loss of RMB0.38 billion, XPeng’s financial performance indicates a strengthening position in the smart EV market, supported by an expanding sales network and charging infrastructure.

The most recent analyst rating on (HK:9868) stock is a Hold with a HK$113.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Inc. Schedules Board Meeting and Earnings Call for Q3 Results
Nov 5, 2025

XPeng Inc. has announced a board meeting scheduled for November 17, 2025, to discuss and approve the company’s third-quarter results for the period ending September 30, 2025. The company will also host an earnings conference call on the same day to present these results to stakeholders, which may influence investor perceptions and market positioning.

The most recent analyst rating on (HK:9868) stock is a Hold with a HK$93.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Inc. Achieves Record EV Deliveries and Expands Globally
Nov 3, 2025

XPeng Inc. reported record monthly deliveries of 42,013 smart electric vehicles in October 2025, marking a 76% year-over-year increase. The company is experiencing significant growth, with deliveries exceeding 40,000 units for the second consecutive month and a 190% increase in deliveries over the first ten months of the year. XPeng is also expanding its global footprint by entering seven new international markets and continues to see strong adoption of its advanced driver assistance system, XNGP. The company plans to showcase its latest AI advancements at the upcoming XPENG AI Day.

The most recent analyst rating on (HK:9868) stock is a Hold with a HK$85.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng, Inc. Announces Significant RSU Grants to Senior Management and Employees
Oct 3, 2025

XPeng, Inc. has announced the grant of 5,075,940 Restricted Share Units (RSUs) to one senior management member and 318 employees under its 2025 Share Incentive Scheme. This initiative aims to align the interests of its employees with the company’s long-term goals. The RSUs will vest over a period of four years, with specific vesting schedules for senior management and employees, and are subject to performance targets for senior management. This move is expected to enhance employee motivation and retention, potentially impacting the company’s operational efficiency and market competitiveness.

The most recent analyst rating on (HK:9868) stock is a Buy with a HK$108.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Inc. Achieves Record EV Deliveries and Maintains Top ESG Rating
Oct 2, 2025

XPeng Inc. reported a significant increase in vehicle deliveries for September and the third quarter of 2025, with a record 41,581 Smart EVs delivered in September, marking a 95% year-over-year increase. The company also achieved a 149% year-over-year increase in deliveries for the third quarter, reaching 116,007 units. Additionally, XPeng’s P7 model became the fastest to achieve 40 jobs per hour on a new production line, and the company maintained its AAA MSCI ESG Rating for the third consecutive year. These achievements highlight XPeng’s strong operational performance and its leading position in the global automotive industry.

The most recent analyst rating on (HK:9868) stock is a Buy with a HK$108.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Inc. Files Form S-8 for 2025 Share Incentive Scheme
Sep 19, 2025

XPeng Inc. has announced the filing of a registration statement on Form S-8 with the U.S. Securities and Exchange Commission. This filing is related to the registration of Class A ordinary shares under the 2025 Share Incentive Scheme, which aims to incentivize and retain talent within the company. This move is expected to strengthen XPeng’s position in the competitive electric vehicle market by aligning employee interests with company growth, potentially enhancing stakeholder value.

The most recent analyst rating on (HK:9868) stock is a Buy with a HK$100.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Inc. Achieves Record EV Deliveries and Launches New Model in August 2025
Sep 1, 2025

XPeng Inc. reported a record-breaking delivery of 37,709 smart electric vehicles in August 2025, marking a 169% year-over-year increase and a 3% rise from the previous month. The company also launched the new XPENG P7 model, with deliveries starting nationwide, and achieved an 85% penetration rate for its human-AI co-pilot feature in urban driving, indicating strong market acceptance and technological advancement.

The most recent analyst rating on (HK:9868) stock is a Hold with a HK$97.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng Renews Partnership with Guangdong Huitian for Flying Vehicles
Aug 22, 2025

XPeng, Inc. has announced the renewal of its Cooperation Framework Agreement with Guangdong Huitian, effective from January 1, 2026, to December 31, 2028. This agreement continues their collaboration in the research, development, manufacturing, sales, and after-sales service of flying vehicles. The partnership involves Guangdong Xiaopeng providing R&D, technology consulting, and sales agent services, while Guangdong Huitian focuses on the air module’s R&D and manufacturing. The agreement also includes provisions for technological upgrades and the exclusive sale of flying vehicles by Guangdong Xiaopeng to Guangdong Huitian, with non-exclusive sales to end customers through XPeng’s distribution network. This strategic move is expected to strengthen XPeng’s position in the emerging flying vehicle market.

The most recent analyst rating on (HK:9868) stock is a Buy with a HK$98.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

XPeng CEO Increases Shareholding, Signaling Confidence in Future Growth
Aug 21, 2025

XPeng Inc. announced that its co-founder and CEO, Mr. Xiaopeng He, has increased his shareholding in the company by purchasing 3,100,000 Class A ordinary shares through Galaxy Dynasty Limited. This acquisition reflects Mr. He’s strong confidence in the company’s future prospects and growth potential, reinforcing his long-term commitment to XPeng. The move is seen as a positive signal to stakeholders about the company’s strategic direction and market positioning.

The most recent analyst rating on (HK:9868) stock is a Hold with a HK$80.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 19, 2025