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 November 22, 2024, XPEV stock price declined to $11.91 with 13,545,662 million shares trading.

XPEV has a beta of 1.09, meaning it tends to be more sensitive to market movements. XPEV has a correlation of 0.03 to the broad based SPY ETF.

XPEV has a market cap of $11.28 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 $56.45 and as low as $6.18.

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

XPEV has underperformed the market in the last year with a price return of -31.6% while the SPY ETF gained +32.9%. However, in the short term, XPEV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +68.7% vs +6.5% return in SPY. But in the last 2 weeks, XPEV shares have been beat by the market, returning -16.2% compared to an SPY return of 0.0%.

XPEV support price is $11.67 and resistance is $12.91 (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.