Goldman Sachs Lifts XPeng (XPEV) Target to $25, Keeps Buy Rating

Group 1 - XPeng Inc. is identified as a promising investment opportunity in the Chinese tech sector, with Goldman Sachs raising its price target from $24 to $25 while maintaining a Buy rating [1] - Goldman Sachs anticipates a significant increase in XPeng's sales performance in early 2026, driven by the launch of extended-range electric vehicle (EREV) models, which are expected to generate three times more orders than standard battery electric vehicles [1] - The firm projects a 40% revenue growth for XPeng in 2026, supported by new model launches and consistent revenue from its partnership with Volkswagen [1] Group 2 - Bernstein SocGen Group reaffirmed a Market Perform rating on XPeng, maintaining a price target of $21, while noting that XPeng exceeded analyst projections in Q3 2025 [2] - Bernstein expressed concerns over XPeng's Q4 revenue guidance, predicting a revenue range of RMB 21.5 billion to RMB 23.0 billion, reflecting a year-over-year growth of 33.5% to 42.8% [2] - Both Goldman Sachs and Bernstein agree that XPeng's higher-margin service revenue from its Volkswagen partnership and the new X9 EREV model will bolster profitability [2] Group 3 - XPeng Inc. specializes in designing and producing intelligent electric vehicles, along with developing proprietary autonomous driving software and advanced driver-assistance systems [3]