XPEV Stock Summary and Trading Ideas (Xpeng American Depositary Shares Each Representing Two Class A | NYSE:XPEV)

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.

Xpeng American Depositary Shares Each Representing Two Class A trades on the NYSE stock market under the symbol XPEV.

As of December 24, 2024, XPEV stock price climbed to $12.98 with 3,150,505 million shares trading.

XPEV has a beta of 0.91, meaning it tends to be less sensitive to market movements. XPEV has a correlation of 0.02 to the broad based SPY ETF.

XPEV has a market cap of $12.31 billion. This is considered a Large Cap stock.

Last quarter Xpeng American Depositary Shares Each Representing Two Class A reported $1 billion in Revenue and -$.23 earnings per share. This beat revenue expectation by $59 million and exceeded earnings estimates by $.04.

In the last 3 years, XPEV traded as high as $51.50 and as low as $6.18.

The top ETF exchange traded funds that XPEV belongs to (by Net Assets): DRIV, PBW, SMOG, PGJ, KOMP.

XPEV has underperformed the market in the last year with a price return of -6.0% while the SPY ETF gained +28.1%. However, in the short term, XPEV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +35.8% vs +5.6% return in SPY. But in the last 2 weeks, XPEV shares have been beat by the market, returning -8.1% compared to an SPY return of -0.5%.

XPEV support price is $12.33 and resistance is $13.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XPEV shares will trade within this expected range on the day.