investorplace.comยท2024-05-21 19:16Group 1: Earnings Report - XPeng reported Q1 earnings with a total vehicle delivery of 21,821, representing a 19.7% year-over-year increase from 18,230 vehicles [1] - Revenue for the quarter reached $907 million, surpassing analyst estimates of $859 million [1] - The company remains unprofitable, reporting an EPS loss of 10 cents and a net loss of $190 million [1] Group 2: Future Guidance - For Q2, XPeng expects vehicle deliveries between 29,000 and 32,000, indicating a year-over-year growth of 25% to 38% [1] - Revenue guidance for Q2 is projected to be between $1.04 billion and $1.15 billion, suggesting growth of 48% to 64% [1] Group 3: Institutional Investment - As of the end of March, 187 institutional investors disclosed stakes in XPeng, a slight decrease from 189 in Q4 [2] - The total shares owned by these institutional filers increased by 3.78% to 108.49 million [2] - Hedge fund exposure to XPeng rose significantly by 51.91% to 30.22 million shares, driven by large purchases from firms like Millennium Management and Citadel [2] Group 4: Major Shareholders - CEO Xiaopeng He holds 353.10 million shares, with this stake being accurate as of Q4 2022 [2] - Volkswagen owns 94.07 million shares, with the stake accurate as of Q4 2023 [2] - Other notable shareholders include Primecap Management with 15.54 million shares, Millennium Management with 10.70 million shares, and Goldman Sachs with 8.65 million shares [2]