Workflow
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 907million,whichbeattheanalystestimatefor907 million, which beat the analyst estimate for 859 million. In addition, XPeng is still unprofitable with an EPS loss of 10 cents or a ...