Earnings Alerts

XPeng (XPEV) Earnings: June Vehicle Deliveries Surge 24% YoY to 10,668 Units

  • XPeng delivered 10,668 vehicles in June.
  • June deliveries represent a 24% increase year-over-year.
  • Deliveries grew 5% compared to the previous month.
  • The company delivered 52,028 Smart EVs in the first half of the year.
  • This is a 26% increase from the same period last year.
  • Analysts’ ratings: 19 buys, 10 holds, and 2 sells.

XPeng on Smartkarma

Analysts on Smartkarma, such as Ming Lu, are closely following the developments of companies like XPeng. In a recent research report titled “China Consumption Weekly (27 May 2024)”, Ming Lu highlighted the growth trends of Xpeng, Tongcheng, Kanzhun, and Gaotu in the first quarter of 2024. Xpeng saw a significant revenue increase of 62% year over year, showcasing strong performance in the market. Conversely, KE faced a revenue decline of 20% YoY due to challenges in the property sector. Bilibili also observed growth with its value-added services revenue up by 17% YoY and advertising revenue climbing 31% YoY.


A look at XPeng Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.4

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 leading electric vehicle manufacturer, is positioned well for long-term success based on its Smartkarma Smart Scores. With a strong Value score of 4, XPeng is considered a promising investment option in terms of its current stock price compared to its intrinsic value. Additionally, the company’s high Resilience score of 5 indicates its ability to weather market uncertainties and economic downturns effectively.

While XPeng’s Dividend score of 1 may not appeal to income-seeking investors, its above-average Growth score of 3 highlights the company’s potential for expansion and future returns. The Momentum score of 4 further emphasizes XPeng’s positive market momentum, reflecting investor interest and confidence in the company’s growth prospects. Overall, XPeng’s well-rounded Smart Scores suggest a favorable outlook for the company in the electric vehicle industry.


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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