Mkt is forward looking.....Q1 deliveries are ugly. And the analyst is quiet on it.
XPeng Stock Rises on Solid Results. Guidance Is Good for Tesla Too. -- Barrons.com
Shares of Chinese electric-vehicle maker XPeng were rising after the company posted better-than-expected fourth-quarter earnings.The results should be enough to offer some relief for investors worried about recent EV trends. The results also were good enough to boost Tesla stock while the market headed in the other direction.XPeng on Tuesday reported an operating loss of $289 million from sales of just more than $1.8 billion. Wall Street was looking for a loss of $448 million from sales of just under $1.8 billion.The company delivered 60,158 units in the quarter, up from 22,204 in the fourth quarter of 2022. Sales improved but price wars pushed down profit margins. XPeng's fourth-quarter gross profit margin was 6.2%, down 2.5 percentage points year over year.Looking ahead, XPeng expects to deliver between 21,000 and 22.500 vehicles in the first quarter. The company delivered 12,795 vehicles in the first two months of the year, leaving about 9,000 vehicles for March, roughly double Febr
U see the Jan to Mar deliveries then u start to worries
XPeng Inc. Sponsored ADR (XPEV) Crossed Above the 50-Day Moving Average: What That Means for Investors
After reaching an important support level, XPeng Inc. Sponsored ADR could be a good stock pick from a technical perspective. XPEV surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.Over the past four weeks, XPEV has gained 14%. The company is currently ranked a Zacks Rank #3 , another strong indication the stock could move even higher.Looking at XPEV's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 2 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well.Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report. XPeng Inc. Sponsored ADR : Free
Write for the sake of writing. The news was out yesterday before mkt open, and Li did surge premarket yesterday only to pare some of the gain at the closed.
Li Auto Stock Jumps over 2% as New China EV Sales Data Shows Li Auto Surging Ahead
Li Auto, a leading Chinese electric vehicle (EV) manufacturer, has once again shown impressive sales numbers in the latest weekly report. According to the company, Li Auto sold 12,100 units between De
Xpeng seem difficult to achieve the 4th sales target. Seem like their demand have slow down after the recent strong boost
China EV Insurance Registrations for Week Ending Dec 24: Nio 4,100, Xpeng 3,900, LI Auto 12,100, Tesla 18,500
Between December 1 and December 24, Nio was 12,000, Xpeng 12,500, Li Auto 36,400 and Tesla 60,200 units.For the week of December 18 to December 24, Li Auto sold 12,100 units, the company said today on Weibo.As before, Li Auto didn't explain the basis for calculating that weekly volume, but apparently they were insurance registrations. The company suspended sharing that data in May, but has since resumed sharing it.Nio was at 4,100 last week, Xpeng at 3,900, Tesla at 18,500, and BYD at 63,900.
Say is easy. Can they secure the power grid to provide the charging piles. Nio is having hard time to secure the locations for Swap station and charging piles in Germany, so same things German companies will face in China.