To The Moon

In today’s recent session, 5.78 million shares of the XPeng Inc.$XPeng Inc.(XPEV)$ were traded. Most recently the company’s share price was $28.65, and it changed around -$0.88 or -2.98% from the last close, which brings the market valuation of the company to $26.77B. XPEV at last check was trading at a discount to its 52-week high of $56.45, offering almost -97.03% off that amount. The share price’s 52-week low was $22.73, which indicates that the recent value has risen by an impressive 20.66% since then. We note from XPeng Inc.’s average daily trading volume that its 3-month average coming to 10.00 million.

Instantly XPEV has been showing red trend so far today with a performance of -2.98% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 36.09 on Friday, 03/04/22 increased the stock’s daily price by 20.62%. The company’s shares are currently down -41.33% year-to-date, but still down -15.70% over the last five days. On the other hand, XPeng Inc. (NYSE:XPEV) is -17.51% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $335.02, which translates to bulls needing to increase their stock price by 91.45% from its current value. Analyst projections state that XPEV is forecast to be at a low of $176.93 and a high of $509.18. In order for the stock price to hit the forecast high, the stock would need to plunge -1677.24% from its current level, while the stock would need to crash -517.56% from its current level to reach the projected low.

XPeng Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -27.60 percent over the past six months and at a 12.30% annual growth rate that is well above the industry average of 10.30%. Moreover, analysts have decided to roll up on their fiscal year 2022 revenue estimates. The rating firms predict that it will gain 20.00% in revenue this quarter, and will report a decrease of -57.10% in the next quarter. The year-over-year growth rate is expected to be 249.80%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $1.05 billion in revenue for the current quarter. 1 analysts expect XPeng Inc. to make $1.17 billion in revenue for the quarter ending Mar 2022. The company’s sales for the same quarters a year ago were $443.2 million and $455.63 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 137.80%. Forecasts for the next quarter put sales growth at 156.40%.