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What is Xpeng price target?

Jenna
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Xpeng Inc. (NYSE: XPEV) is a Chinese electric vehicle manufacturer headquartered in Guangzhou, Guangdong. The company was founded in 2014 by He Xiaopeng, an early investor and former chairman of the Chinese internet company UCWeb. Xpeng sells electric cars under the brand name “Xpeng” and operates a manufacturing facility in Zhaoqing, Guangdong.

Xpeng’s products include the G3 SUV, the P7 sedan, and the M3 sedan. The G3 SUV was launched in December 2017, followed by the P7 sedan in March 2019. The M3 sedan was launched in December 2019.

The company has delivered over 10,000 vehicles as of December 2019. Xpeng plans to expand its sales network to 20 cities by the end of 2020.

What is Xpeng price Target?

The Xpeng price Target is $24.00 per share.

8 Related Question Answers Found

What is the price target for Xpeng?

XPeng is a Chinese electric vehicle manufacturer headquartered in Guangzhou, Guangdong. The company was founded in 2014 by He Xiaopeng, an early investor in and former chairman of the Chinese Internet company UCWeb. In October 2018, XPeng completed a US$580 million Series B funding round, which was co-led by Hillhouse Capital and Morningside Venture Capital and included GGV Capital, Alibaba Group, and Xiaomi.

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Target price is the price at which a company believes that its stock is fairly valued by the market. A Target price may be set by a company’s management, or it may be the result of an analyst’s research. A Target price may also be referred to as a price Target or fair value estimate.

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Jenna
Jenna is a content researcher who has a passion for finding and sharing information. She has a keen eye for detail and a knack for uncovering hidden gems. Jenna is a trusted source of information for Milkitall, and she is always on the lookout for new and interesting facts to share.
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