JPMorgan Chase & Co. Cuts XPENG (NYSE:XPEV) Price Target to $24.00

XPENG (NYSE:XPEV) had its target price cut by equities research analysts at JPMorgan Chase & Co. from $27.00 to $24.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 115.42% from the company’s previous close.

Several other equities research analysts have also weighed in on XPEV. Barclays reissued an “underweight” rating and issued a $14.00 price objective on shares of XPENG in a report on Tuesday. Jefferies Financial Group restated a “buy” rating and set a $25.20 price target on shares of XPENG in a research note on Friday, May 29th. Weiss Ratings lowered shares of XPENG from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, August 12th. Bank of America restated a “buy” rating on shares of XPENG in a research report on Thursday, May 28th. Finally, Wall Street Zen lowered XPENG from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.31.

XPENG Stock Performance

Shares of XPEV stock opened at $11.14 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.89 and a current ratio of 1.14. The firm has a market cap of $10.64 billion, a price-to-earnings ratio of -32.77 and a beta of 1.13. XPENG has a 52 week low of $11.10 and a 52 week high of $28.24. The firm’s 50-day simple moving average is $12.71 and its two-hundred day simple moving average is $15.56.

XPENG (NYSE:XPEV) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.16). XPENG had a negative net margin of 3.09% and a negative return on equity of 7.72%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.87 billion. As a group, equities analysts forecast that XPENG will post -0.39 earnings per share for the current year.

Institutional Trading of XPENG

A number of hedge funds have recently made changes to their positions in XPEV. TD Waterhouse Canada Inc. raised its position in XPENG by 91.4% during the second quarter. TD Waterhouse Canada Inc. now owns 6,680 shares of the company’s stock valued at $91,000 after purchasing an additional 3,190 shares in the last quarter. Nykredit A S bought a new position in shares of XPENG during the 2nd quarter valued at $825,000. Greenleaf Trust grew its stake in shares of XPENG by 18.3% during the second quarter. Greenleaf Trust now owns 19,075 shares of the company’s stock valued at $253,000 after buying an additional 2,948 shares during the last quarter. Valeo Financial Advisors LLC boosted its holdings in XPENG by 0.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 387,230 shares of the company’s stock valued at $5,127,000 after acquiring an additional 1,052 shares during the period. Finally, Parallel Advisors LLC lifted its position in XPENG by 25.0% in the first quarter. Parallel Advisors LLC now owns 12,871 shares of the company’s stock valued at $220,000 after purchasing an additional 2,578 shares during the last quarter. 21.09% of the stock is owned by institutional investors.

XPENG News Summary

Here are the key news stories impacting XPENG this week:

• Positive Sentiment: Robotics funding provides a major potential value catalyst. XPeng’s robotics subsidiary raised more than $900 million at a post-money valuation exceeding $6.3 billion—the largest reported single-round financing in China’s embodied-AI industry. IDG Capital and Gaorong Ventures led the round, with Tencent and Alibaba participating as strategic investors. The financing gives the unit an external valuation and could support a planned standalone listing or spin-off. XPeng robotics unit raises more than $900 million at $6.3 billion valuation
• Positive Sentiment: Operational trends showed some improvement. Second-quarter revenue rose 8% year over year to RMB19.74 billion, while deliveries reached 103,295 vehicles. Gross margin improved to 20.7%, and XPeng ended June with approximately $5.97 billion in cash. International expansion and the humanoid-robot initiative are intended to diversify growth beyond vehicle sales. XPeng Reports Second Quarter 2026 Unaudited Financial Results
• Neutral Sentiment: Investors are weighing an EV-to-physical-AI transformation. XPeng aims to accelerate mass production of its IRON humanoid robot and may retain a substantial stake if the robotics unit becomes independent. This could unlock value, but commercialization, ownership structure and timing remain uncertain. XPeng robotics business raises over US$900 million
• Negative Sentiment: Quarterly results missed expectations. XPeng reported a second-quarter loss of $0.19 per share versus the consensus loss estimate of $0.06, while revenue of $2.91 billion fell short of the $3.02 billion forecast. Continued spending on new models and AI technology is keeping the company unprofitable. XPeng Stock Drops on Disappointing Earnings
• Negative Sentiment: Third-quarter guidance intensified investor concerns. XPeng’s revenue and delivery outlook came in below Wall Street expectations as China’s EV price war worsens. The forecast suggests near-term demand and profitability remain under pressure, overshadowing the robotics valuation. Xpeng forecast disappoints as China EV competition heats up

About XPENG

XPENG Inc (NYSE: XPEV) is a China-based developer and manufacturer of smart electric vehicles. The company designs, engineers and sells battery-electric sedans and sport-utility vehicles along with related software and services. Founded in 2014, XPENG positions itself as a technology-driven automaker with a focus on vehicle connectivity, software-defined features and advanced driver assistance systems.

Product offerings center on passenger EVs spanning compact crossovers and midsize sedans, supported by in-house software platforms and over-the-air update capabilities.