Citigroup Raises XPeng's Price Target Amid Consistent Buy Rating

Citigroup analyst Jeff Chung has reaffirmed his Buy rating on XPeng (XPEV) and raised the stock's price target from $29.00 to $29.40, a 1.38% increase. The stock is currently trading at $20.30. Analysts have consistently maintained positive ratings and increased price targets over recent months, reflecting growing investor confidence in the company's potential.

Citigroup analyst Jeff Chung has reaffirmed his Buy rating on XPeng (XPEV) and raised the stock's price target from $29.00 to $29.40, a 1.38% increase. The stock is currently trading at $20.30. Analysts have consistently maintained positive ratings and increased price targets over recent months, reflecting growing investor confidence in the company's potential.

BofA Securities recently raised its price target on XPeng to $26.00 from $25.00, while maintaining a Buy rating. The firm cited XPeng's forecast to deliver between 113,000 and 118,000 vehicles in the third quarter of 2025, representing year-over-year growth of 143% to 154%. Revenue for the same period is expected to reach RMB19.6-21 billion, a 94% to 108% increase from the previous year [1].

Macquarie also raised its price target on XPeng to $25.00, citing potential vehicle margin expansion. The firm noted that XPeng's first-quarter net loss beat was partly attributable to other gains including subsidies and foreign exchange benefits. The company's current gross profit margin stands at 15.2%, while revenue growth remains robust at 51% year-over-year [2].

Tiger Securities reiterated its Buy rating on XPeng with a $28.00 price target, citing the company's strong growth trajectory and path to profitability. The firm highlighted management’s guidance for third-quarter 2025 deliveries of 113,000-118,000 units, representing 143-154% year-over-year growth, alongside projected revenue of RMB 19.6-21.0 billion, a 94-108% increase from the previous year [3].

These developments underscore the positive sentiment surrounding XPeng, as analysts continue to project strong growth and increasing profitability. The stock's high volatility, however, with a beta of 2.5, may pose risks for investors.

References:
[1] https://www.investing.com/news/analyst-ratings/xpeng-stock-price-target-raised-to-26-from-25-at-bofa-securities-93CH-4200539
[2] https://za.investing.com/news/analyst-ratings/macquarie-raises-xpeng-stock-price-target-to-25-on-margin-expansion-93CH-3843216
[3] https://www.investing.com/news/analyst-ratings/tiger-securities-maintains-xpeng-stock-rating-with-28-target-on-strong-outlook-93CH-4200538