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<Research>Jefferies Raises XPENG-W (09868.HK) TP to $112.6, Expects Firm to Turn Profit by 4Q25
Recommend 9 Positive 19 Negative 5 |
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Following XPENG-W (09868.HK)'s non-deal roadshow and analyst call conference post-results, Jefferies raised its target price for XPENG-W's H-shares/ US stock to $112.6/ US$28.8 from $70.8/ US$18.1, based on the Company's latest 2025 guidance, according to Jefferies' research report. The Company expressed confidence in achieving double-digit gross profit margin by 2025, driven by a strong product cycle and ASPs bottoming out in 1Q25. The broker expected XPENG-W to become profitable sometime before 4Q25, with rating reiterated at Buy. AAStocks Financial News |
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