Money
Macquarie Upgrades XPeng (XPNGF)
— Ai Summary —
Macquarie upgraded XPeng (XPNGF) from Neutral to Outperform on May 22, 2025. The outlook suggests a 160.53% upside, with an average one-year price target of $10.58 and a range from $4.64 to $14.47. The note highlights projected annual revenue of 68,164MM and a non-GAAP EPS of -3.59. The upgrade signals Macquarie's confidence in XPeng's growth trajectory amid EV competition. Fund dynamics show growing investor interest, with 125 funds reporting XPeng positions and about 88,037K shares held by institutions. Notable holders include VGTSX, VEIEX, IEMG, MCHI, and VEU, each increasing their XPeng allocations in the latest quarter.
AI-generated summary • Source: NASDAQ Stock Market • Read the full article for complete information.
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