XPeng falls after seven sessions of gain

XPeng (NYSE:XPEV) shares fell 4.28% to $22.79 on Friday afternoon, breaking a seven-session winning streak that had seen the stock climb steadily over the past week.

Despite today’s decline, shares remain up 12.49% over the past month and have surged 95.35% so far this year, significantly outperforming the broader market.

Analyst sentiment remains broadly positive. Looking at Seeking Alpha’s Quant Rating, XPEV holds a Hold recommendation with an average score of 3.3 out of 5. The company scored A+ in both growth and momentum, while receiving a D- for valuation and profitability. Revisions were rated B, indicating a generally favorable shift in outlook.

Seeking Alpha analysts rate the stock a Buy with an average score of 3.75.

Wall Street sentiment remains bullish, with 15 analysts giving the stock a Strong Buy, and 6 analysts recommending a Buy. Meanwhile, 6 analysts suggest holding the stock, and 1 has issued a Sell rating.

An analyst says the rally is “well-deserved,” pointing out the company’s accelerating international growth, narrowing losses, and a potential bottom-line inflection, but advises caution as a pullback to the $19 range “may potentially occur.”

Leave a Reply

Your email address will not be published. Required fields are marked *