- XPeng delivered 11,145 vehicles in July 2024.
- Total vehicle deliveries for the year 2024 so far stand at 63,173 units.
- XPeng’s XNGP system reached an 84% penetration rate for active users in urban driving in July.
- By Q4 2024, XNGP aims to provide a “door-to-door” smart driving experience, addressing gaps in areas like ETC toll stations, parking lots, U-turns, roundabouts, private roads, and narrow paths.
- Analyst ratings include 20 buys, 10 holds, and 2 sells.
XPeng on Smartkarma
Analysts on Smartkarma, such as Ming Lu, are closely monitoring the performance of XPeng, among other companies like Tongcheng, Kanzhun, and Gaotu in their latest report titled “China Consumption Weekly.” In the first quarter of 2024, Xpeng showed significant growth with a 62% year-over-year increase in revenues, reflecting a positive sentiment towards the company. On the other hand, KE experienced a revenue decline of 20% year-over-year due to challenges in the property market. Bilibili also saw growth, with its value-added services revenue growing by 17% year-over-year and advertising revenue increasing by 31% year-over-year.
A look at XPeng Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
XPeng Inc., a key player in the electric vehicle industry, has received promising Smartkarma Smart Scores across different factors. With an impressive Resilience score of 5, XPeng appears to be well-equipped to withstand market fluctuations and navigate challenges effectively. This underscores the company’s ability to maintain its position in the industry and potentially overcome obstacles in the long run. Additionally, the Momentum score of 5 highlights XPeng’s strong market traction and upward trajectory, suggesting a positive outlook for the company’s growth and performance going forward.
Although XPeng received lower scores in areas such as Dividend and Growth, it excelled in Value with a score of 4. This indicates that the company may offer solid value for investors, potentially making it an attractive investment opportunity. Overall, XPeng’s smart electric vehicle designs, combined with its comprehensive range of services, position it well to capitalize on the growing demand for sustainable transportation solutions in China.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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