US stock trading · May 22, 2024 0

Brokers' Latest TPs, Opinions on XPENG-W (09868.HK) after 1Q24 Results Ann

The table below shows the ratings and target prices of 2 brokers on XPENG-W (09868.HK)  +4.000 (+13.051%)    Short selling $138.28M; Ratio 8.873%   :

Broker│ Rating│ TP
BofA Securities│ Overweight│$52.7-> $49.5
Citi│ Sell│$28.3-> $29.9

The following table shows the ratings and target prices of 5 brokers on XPeng Inc. (XPEV.US)      :

Broker│ Rating│ TP (US$)
Morgan Stanley│ Overweight│18
BofA Securities│ Overweight│13.5-> 12.7
Daiwa│Hold│9.8
UBS│Neutral│8.3
Citi│Sell│7.3-> 7.7

Broker│ Opinion

BofA Securities│1Q24 results beat expectations, and service revenue is expected to contribute to higher gross profit margin
Daiwa│ 1Q24 gross profit margin growth beat expectations, and R&D service business has potential for development
UBS│1Q24 tech service revenue and cost control narrowed loss, and sales guidance was relatively conservative
Citi│1Q24 gross profit margin growth beat expectations
Morgan Stanley│1Q24 results beat expectations
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)