小鹏汽车-重构看涨逻辑：仍有上行空间

November 11, 2025 09:21 AM GMT XPeng Inc. | Asia Pacific Recasting bull case – More room to run | What's Changed | | | | --- | --- | --- | | XPeng Inc. (XPEV.N) | From | To | | Price Target | US$30.00 | US$34.00 | | XPeng Inc. (9868.HK) | | | | Price Target | HK$119.00 | HK$131.00 | We raise our SOTP-based bull case valuations to US$54/HK$211 to reflect the growth potential and re-rating opportunities derived from newly unveiled humanoids and robotaxis. We anticipate a strong improvement in sentiment from m ...