zingle
2023-03-31

$XPeng Inc.(XPEV)$ Some people ask why the price increase, saying there are no good news to explain and justify that.

I think the explanation is simply that the share price in the last few months has been far too low.

All of Xpeng's financial ratios were well below other, similar, companies.

In other words, the market has been way too pessimistic about the company and now it is taking a more objective / rational view.

Consequently the share price has been rising. In my opinion it will keep rising, because it still does not yet reflect a fair valuation of the company.

If I were to pick a number, I would say USD21 per share may be the target price in the medium term.

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Comments

  • NiceOne
    2023-03-31
    NiceOne
    Quite an extraordinary analysis, man. You're amazing!
  • 流星雨__
    2023-03-31
    流星雨__
    6
  • Cvt
    2023-03-31
    Cvt
    Ok
  • rogerl
    2023-03-31
    rogerl
    Ok
  • DarkFate
    2023-03-31
    DarkFate
    Like
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