Goldman Sachs Starts Xpeng at Buy, Expects Rise in Margins and Overseas Volumes

13
3
Favorite

Goldman Sachs Starts Xpeng at Buy, Expects Rise in Margins and Overseas Volumes

Investing.com2023-07-12

Goldman Sachs initiated coverage on Chinese electric automaker, Xpeng Inc with a Buy rating and a 12-month price target of $18.10 as analysts expect Chinese auto OEMs’ overseas sales volume to rise ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（3）

Mr Mooney
·2023-07-23
Rate to buy on higher price and downgrade on bottom.... manipulation..
Reply
1
Report
AlanChong
·2023-07-12
Grab!😆
Reply
6
Report
neo26000
·2023-07-12
Dont you just love these guys? Tell you to buy after it has gone up a lot.
Reply
7
Report
Fold Replies
- ICEsh00ter:
  coz they hv no idea it's going up until everyone else has bought it up. 🤣
  2023-07-13
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2350242361?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-12 10:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2350242361","market":"hk","top_or_hot":-1,"title":"Goldman Sachs Starts Xpeng at Buy, Expects Rise in Margins and Overseas Volumes","media":"Investing.com","content":"<div>\n<p>Goldman Sachs initiated coverage on Chinese electric automaker, Xpeng Inc with a Buy rating and a 12-month price target of $18.10 as analysts expect Chinese auto OEMs’ overseas sales volume to rise ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/goldman-sachs-starts-xpeng-at-buy-expects-rise-in-margins-and-overseas-volumes-432SI-3123475\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs Starts Xpeng at Buy, Expects Rise in Margins and Overseas Volumes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs Starts Xpeng at Buy, Expects Rise in Margins and Overseas Volumes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-12 10:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/goldman-sachs-starts-xpeng-at-buy-expects-rise-in-margins-and-overseas-volumes-432SI-3123475><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs initiated coverage on Chinese electric automaker, Xpeng Inc with a Buy rating and a 12-month price target of $18.10 as analysts expect Chinese auto OEMs’ overseas sales volume to rise ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/goldman-sachs-starts-xpeng-at-buy-expects-rise-in-margins-and-overseas-volumes-432SI-3123475\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XPEV","symbol_name":"小鹏汽车","start_time":0,"source_url":"https://www.investing.com/news/stock-market-news/goldman-sachs-starts-xpeng-at-buy-expects-rise-in-margins-and-overseas-volumes-432SI-3123475","article_id":"2350242361","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2350242361","pubTimestamp":1689130662,"sourceInfo":null,"weMediaInfo":null,"summary":"Goldman Sachs initiated coverage on Chinese electric automaker, XPeng (NYSE: XPEV) with a Buy rating and a 12-month price target ...(Premium-only article. Please sign in or upgrade to SI Premium to view.)","collect":0,"end_time":0,"defaultTopTitle":"investing.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"translate_title":"高盛开始买入Xpeng，预计利润率和海外交易量上升","themeId":"3f0205d455d44b1daf1b878ad762039f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09868":1.1,"XPEV":1},"content_text":"Goldman Sachs initiated coverage on Chinese electric automaker, Xpeng Inc with a Buy rating and a 12-month price target of $18.10 as analysts expect Chinese auto OEMs’ overseas sales volume to rise from 2.7 million to 8.5M in 2022-2030E, driven by leading technology and product competencies of Chinese EV models.In the near-term, Goldman Sachs expects to see the company’s vehicle delivery volume to regain momentum following the latest G6 model launch. Additionally, the analysts expect margins to improve on larger vehicle delivery scale together with battery pricing decline.They wrote in a note, “We see the launch of G6 to help the company enhance market share – with entry price at Rmb210k, Rmb54k (20%) / Rmb73k (26%) lower than Tesla Model Y / BYD Tang EV, XPeng’s G6 presents strong advantages in areas such as long wheelbase, charging speed (800V fast charging), and leading smart features. Therefore, we expect G6, together with P7/P7i, to be major volume contributors going forward, driving a 62% CAGR in vehicle sales and market share gain from 2.1% to 3.7% over 2023E-2025E and leading to 4%-22% higher than Bloomberg consensus revenue estimates.”Goldman Sachs models 151k vehicle sales in 2023, 5% higher than Visible Alpha consensus. In the longer-term, they expect XPeng’s leading position in NOA (navigation on autopilot) with strong R&D focus to provide further upside to its revenue growth and margin profile.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":201055571886208,"gmtCreate":1690116408868,"gmtModify":1690116413077,"author":{"id":"3583044537429562","authorId":"3583044537429562","name":"Mr Mooney","avatar":"https://community-static.tradeup.com/news/6836340f20d36afa666f6d8d4b0a929d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3583044537429562","authorIdStr":"3583044537429562"},"htmlText":"Rate to buy on higher price and downgrade on bottom.... manipulation..&nbsp;&nbsp;","listText":"Rate to buy on higher price and downgrade on bottom.... manipulation..&nbsp;&nbsp;","text":"Rate to buy on higher price and downgrade on bottom.... manipulation..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201055571886208","repostId":2350242361,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197152768032968,"gmtCreate":1689138166410,"gmtModify":1689138171693,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"4125148185432112","authorIdStr":"4125148185432112"},"htmlText":"Grab!😆","listText":"Grab!😆","text":"Grab!😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197152768032968","repostId":2350242361,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197131402477832,"gmtCreate":1689132762767,"gmtModify":1689132766646,"author":{"id":"4131703342800552","authorId":"4131703342800552","name":"neo26000","avatar":"https://community-static.tradeup.com/news/11d50ec0d6202770a8629aa7f06a5d4f","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":9,"crmLevelSwitch":1,"idStr":"4131703342800552","authorIdStr":"4131703342800552"},"htmlText":"Dont you just love these guys? Tell you to buy after it has gone up a lot.","listText":"Dont you just love these guys? Tell you to buy after it has gone up a lot.","text":"Dont you just love these guys? Tell you to buy after it has gone up a lot.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/197131402477832","repostId":2350242361,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106474283,"gmtCreate":1689203744781,"gmtModify":1689203750940,"authorId":3568262728204718,"author":{"id":3568262728204718,"idStr":"3568262728204718","authorId":3568262728204718,"name":"ICEsh00ter","avatar":"https://static.tigerbbs.com/e8d9d76c266e1d33abd00a525a8a445c","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197131402477832,"type":1,"supId":0,"prevId":0,"content":"coz they hv no idea it's going up until everyone else has bought it up. 🤣","text":"coz they hv no idea it's going up until everyone else has bought it up. 🤣","html":"coz they hv no idea it's going up until everyone else has bought it up. 🤣"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":13,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}