Xpeng: AI winner? Analyst increases price target by 105 percent
China is the largest automobile market in the world. Around 25 million new cars are sold every year. Pure electric and plug-in hybrid models account for around 60 percent of sales. In addition to BYD, the newcomer XPeng has recently attracted a lot of attention.
The cars from BYD, Xpeng, Xiaomi, etc. not only score points with their high-tech interior, but are also real eye-catchers. As a result, the registration figures of the Chinese car manufacturers are racing from record to record in the Chinese market - with the occasional breather.
In 2023, XPeng sold a total of 152,691 vehicles, an increase of 17 percent over the previous year. In 2024, Xpeng delivered a total of 190,068 electric vehicles, an increase of 34% over the previous year.
AI and autonomous drivingXPeng is recognized as a major player in the field of autonomous driving. One of the key factors in XPeng's success in the field of autonomous driving is the XPILOT system. XPILOT 3.5 and XPILOT 4.0 offer functions such as automatic lane changing, highway driving assist and parking assist. The system is designed to be continuously improved through over-the-air (OTA) updates, so that the system evolves and becomes more sophisticated over time.
"In the next three years, we will release a large number of new models and facelift versions," said Xiaopeng He, CEO of Xpeng a few weeks ago. "I believe that through a strong product cycle and more efficient marketing, we will convert the technological advantages we have accumulated over a long period of time and the breakthroughs we have made in the field of artificial intelligence into sales growth in China and the international market," added the CEO of Xpeng.
UBS: Price target upDue to the latest news, UBS analyst Paul Gong has upgraded XPeng's share from "Sell" to "Neutral" and raised the price target from $8.80 to $18.00. After the DeepSeek shock on the stock markets a few weeks ago, the topic of artificial intelligence (AI) should continue to dominate the debate, wrote analyst Paul Gong in an assessment published on Monday. He sees the Chinese electric car manufacturer XPeng, which works with Volkswagen, as a company that deserves this attention in the automotive sector with its focus on AI. Compared to its competitors, however, the valuation is already high, which is why he now rates the share as "Neutral".
Xpeng offers a very interesting range of models. This will be expanded by the rollout of new cars in the coming months. The further development of Xpeng in the area of AI and autonomous driving will be very exciting. From a very speculative point of view, the share is worth adding to your portfolio.
deraktionaer.de
