XPeng (XPEV) Earnings: May Deliveries Surge 35% YoY to 10,146 Units, 41,360 YTD

XPeng on Smartkarma

Analyst coverage on XPeng at Smartkarma by Ming Lu highlights the growth trends of various companies in the 1st quarter of 2024. Xpeng, Tongcheng, Kanzhun, and Gaotu saw impressive year-over-year revenue increases, with Xpeng leading at 62%, followed by Tongcheng at 50%, Kanzhun at 43%, and Gaotu at 34%. On the other hand, KE faced a revenue decline of 20% due to challenges in the property market. Bilibili showcased growth in value-added services revenue by 17% and advertising revenue by 31% in the same period.

A look at XPeng Smart Scores

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 prominent player in the electric vehicle industry, is set for a promising long-term outlook according to Smartkarma Smart Scores. With impressive scores across various key factors, including high marks in Resilience and Momentum, XPeng is positioned as a strong contender in the market. This indicates that the company has a solid foundation and is making significant strides in terms of growth and market momentum, suggesting a bright future ahead.

Despite a lower score in Dividend, XPeng’s standout ratings in Value and Resilience highlight its potential for long-term success. The company’s focus on designing, producing, and distributing smart electric vehicles in China, coupled with its comprehensive range of services, positions it well for sustained growth and profitability. With positive momentum and resilience in the market, XPeng looks poised to continue its upward trajectory in the electric vehicle sector.

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