His Xpeng target is $27 per share—he believes Xpeng deserves a premium valuation to NIO because of its internally developed self-driving capability. The post-IPO high is $22.79. Xpeng@brunswickgroup.com, Stephanie Heise Investors need to know how sustainable this current run. All told, it is clear that, XPEV needs to be on your watchlist. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. Tesla trades for about 16 times sales and 136 times estimated 2021 earnings. Xpeng@brunswickgroup.com. Stock analysis for XPeng Inc (XPEV:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. NEW YORK & GUANGZHOU, China--(BUSINESS WIRE)--XPeng Inc. (“XPeng” or the “Company”), a smart electric vehicle (“Smart EV”) company, announced today the pricing of its initial public offering of 99,733,334 American Depositary Shares (“ADSs”), each representing two Class A ordinary shares of the Company, at a public offering price of $15.00 per ADS. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Subscribe to Premium to view Fair Value for XPEV. That works out to a Buy-rating ratio of about 65%. In order to optimize its customers’ mobility experience, XPeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. and The rating sent Xpeng stock higher in Tuesday trading. Join our mailing list to receive the latest news and updates from our team. A registration statement relating to the ADSs being sold in this offering has been declared effective by the Securities and Exchange Commission. XPeng Inc. (“XPeng” or the “Company”), a smart electric vehicle (“Smart EV”) company, announced today the pricing of its initial public offering of 99 More about Xpeng P7, visit Xpeng … It’s a nice gain, but still down 16% from where some early investors bought the stock. Furthermore, 10-day volume stands at 7.52 million and more growth is possible in the weeks ahead. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPeng’s goal and strategies; XPeng’s expansion plans; XPeng’s future business development, financial condition and results of operations; the trends in, and size of, China’s EV market; XPeng’s expectations regarding demand for, and market acceptance of, its products and services; XPeng’s expectations regarding its relationships with customers, contract manufacturer, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. (FCAU) is 57%. The former Detroit-three auto makers trade for about 0.2 times sales and 7 times estimated 2021 earnings. Stocks To Buy - Why Is This Metal Taking Off? Tesla, of course, is still growing rapidly.
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