XPeng Inc. $XPeng (XPEV.US)$ is expected to report its fourth quarter and fiscal year 2022 unaudited financial results before the opening bell on March 17, 2023.
Analysts expect the company to post a quarterly loss at $0.36 per share, higher than the loss of $0.22 per share in the year-ago period. The company's revenue might come in at $834.05 million.
XPeng shares gained 2.8% to close at $8.33 on Thursday, and added 1.3% in after-hours trading.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Daiwa Capital analyst Kelvin Lau downgraded the stock from Buy to Sell and cut the price target from $13 to $8 on Dec. 14, 2022. This analyst sees around 4% downside in the company's stock and has an accuracy rate of 54%.
Barclays analyst Jiong Shao maintained an Equal-Weight rating and slashed the price target from $22 to $8 on Oct. 28, 2022. This analyst sees around 4% downside in the company's stock and has an accuracy rate of 61%.
JP Morgan analyst Nick Lai downgraded the stock from Overweight to Neutral and cut the price target from $11 to $9 on Jan. 11, 2023. This analyst sees around 8% upside in the company's stock and has an accuracy rate of 20%.
Jefferies analyst Johnson Wan downgraded the stock from Hold to Underperform and cut the price target from $18.6 to $4.2 on Oct. 28, 2022. This analyst sees around 50% downside in the company's stock and has an accuracy rate of 28%.
Citigroup analyst Jeff Chung downgraded the stock from Buy to Sell with a price target of $3.18 on Oct. 28, 2022. This analyst sees around 62% downside in the company's stock and has an accuracy rate of 29%.