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5 Investors Betting Big on XPeng (XPEV) Stock in Q1
XPEVXPENG(XPEV) investorplace.com·2024-05-21 19:16

XPeng (NYSE:XPEV) stock climbed as much as 20% today after the Chinese electric vehicle (EV) maker reported its first-quarter earnings. However, the initial enthusiasm has cooled down, with XPEV stock now up by about 6% on the day.During the quarter, XPeng delivered a total of 21,821 vehicles, up by 19.7% year-over-year (YOY) from 18,230 vehicles. That led to revenue of $907 million, which beat the analyst estimate for $859 million. In addition, XPeng is still unprofitable with an EPS loss of 10 cents or a ...