Group 1 - The core viewpoint of the article indicates that XPeng Motors' revenue forecast for the fourth quarter fell short of expectations, leading to a significant drop of over 10% in its ADR [1] - Citigroup has lowered its target prices for XPeng Motors' US and Hong Kong stocks by over 3%, while still maintaining a positive outlook on the company's potential for diversified growth in the coming year [1] - Analysts have slightly reduced their sales forecasts for XPeng Motors for 2025 to align with the company's new guidance, which includes plans to launch seven new models and initiate Robotaxi pilot operations [1] Group 2 - XPeng Motors aims to start mass production of humanoid robots by the end of 2026, with a projected total market for humanoid robots exceeding that of electric vehicles [1] - The company envisions global sales of over 1 million humanoid robots by 2030 [1] - Citigroup has adjusted its target price for XPeng Motors' US stock down by 3.4% to $28.4 and its Hong Kong stock target price down by 3.7% to HKD 110.6 [1]
大行评级丨小鹏汽车营收预测不及预期拖累ADR下挫 花旗小幅下调目标价