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XPEVXPeng Inc.
$10.48$9.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
XPEV logo

XPeng Inc.

XPEV
NYSE · Auto Manufacturers
$10.48
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$9.96B
P/E-29.5x
52W High$28.24
Volume6.44M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Surge Masks Deepening Leverage and Cash Burn

XPeng's revenue growth has reaccelerated to 125.3% YoY in Q2 2025, driven by the SEPA 2.0 platform and Volkswagen partnership, while gross margins have recovered to 20.7% in Q2 2026. However, this top-line momentum is accompanied by a severe deterioration in f...

GrowthAccelerating
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

XPEV price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

-156% Peers

P/E is 156% below peer median

03

Market leadership

RS 11 · Lag

Laggard (Underperforming 89% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 16
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth has reaccelerated to 125.3% YoY in Q2 2025, yet operating losses widened to -$1.3B in Q2 2026, suggesting cost growth is outpacing revenue gains and straining profitability.

Analyst Consensus+70.6% target
Buy(17 analysts)
11 Buy3 Hold3 Sell

The Bull Case

Upside Catalysts

Strong delivery growth

XPeng reported an 80% month-over-month rebound to 27,415 vehicle deliveries for March 2026 and 62,682 for the first quarter, indicating robust demand.

Gross margin expansion

Q1 2026 gross margin reached 20.6%, a 5-point year-over-year improvement, showcasing significant efficiency gains.

Advanced charging technology

The XPENG X9 features 800V high-voltage SiC technology enabling 10-80% charge in 12 minutes, enhancing competitive positioning.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
XPEV-48.70%
S&P 500 (^GSPC)+13.20%
1-Year Return
XPEV-50.94%
S&P 500 (^GSPC)+15.98%
3-Year Return
XPEV-36.25%
S&P 500 (^GSPC)+75.48%
5-Year Return
XPEV-71.64%
S&P 500 (^GSPC)+76.05%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-29.0x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
7.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-29.0x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
13.4x
2.0x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.00N/A
Base (Fair)$11.59+9.1%
Bull$0.90-91.4%
$0.00 Bear$11.59 Base$0.90 Bull
Current Market Price: $10.48
Trades at a 9.6% discount to Base DCF ($11.59)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$74.63B+82.6% YoY
Net income
-$1.11B+80.9% YoY
Free cash flow
$4.91B+210.6% YoY
Operating margin
-5.8%+10.5 pts YoY
ROIC (TTM)-8.9%
Avg ROIC 5Y-
ROE (TTM)-3.6%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 24, 2026
-$0.21-252.3%
vs -$0.06
$2.9B-3.7%
vs $3.0B
Q2 2026
May 28, 2026
-$0.27-143.6%
vs -$0.11
$1.9B+1.0%
vs $1.9B
Q2 2026
Mar 20, 2026
$0.06+4216.5%
vs $0.00
$3.2B+3.6%
vs $3.1B
Q4 2025
Nov 17, 2025
-$0.06-656.6%
vs -$0.01
$2.9B-7.5%
vs $3.1B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Finbold·1d ago
Cybertruck sales are running 94% below Elon Musk's original sales estimate

While Tesla (NASDAQ: TSLA) maintained electric vehicle (EV) market share dominance in the first half (H1) of 2026 with roughly 52.3%, its Cybertruck has been severely underperforming.

PRNewsWire·6d ago
XPENG Launches Its Next-Gen AI Flagship SUV G9L in China, with Global Launch Set for Oct 12 at the Paris Motor Show

XPENG announces that the G9L will be launched in 64 global markets, with its global launch set for October 12 at the Paris Motor Show. Built and designed for global users, the G9L will become the fourth XPENG model to be produced in Europe, marking four localized models within one year.

Reuters·6d ago
China's Xpeng plans to offer tech solutions to foreign automakers

Chinese electric vehicle maker Xpeng plans to offer its technology to foreign automakers beyond partner Volkswagen as it seeks new revenue ​streams, according to two people familiar with the matter.

24/7 Wall Street·Sep 16, 2026
EV Charging Stocks Climb as Small Caps Catch a Bid: Blink Charging Jumps 6%, ChargePoint Rises 4%, EVgo Ticks Up

Small-cap electric vehicle charging stocks are running together Wednesday morning with nothing from the companies to explain the bid.

Filtered for XPeng Inc.More Headlines
04

Compare before deciding

Benchmark XPEV against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for XPeng Inc. (XPEV)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
XPEV logoXPEVXPeng Inc.Current
$10.48$9.96B-29.4982.62%-1.49%-3.6%—
NIO logoNIONIO Inc.
$3.72$8.77B-3.7529.47%-23.75%-230.85%—
LI logoLILi Auto Inc.
$11.66$11.78B75.08-24.4%-1.09%-1.71%—
RIVN logoRIVNRivian Automotive, Inc.
$15.14$18.38B-4.938.39%-54.95%-67.16%—
LCID logoLCIDLucid Group, Inc.
$4.32$1.37B-0.3767.58%-263.72%-254.84%—
TSLA logoTSLATesla, Inc.
$378.90$1.5T350.83-2.93%3.68%4.55%—

Compare XPEV vs Peers

XPeng Inc. (XPEV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NIO

Most directly comparable listed peer for XPEV.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare XPEV against a more recognizable public peer.

Peer Set

Compare Top 5

vs NIO, LI, RIVN, LCID

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XPEV Frequently Asked Questions

XPeng Inc. (XPEV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is XPeng Inc.'s revenue?

XPeng Inc. (XPEV) reported $69.88B in revenue for fiscal year 2025. This represents a 719846% increase from $9.7M in 2018.

How fast is XPeng Inc. growing?

XPeng Inc. (XPEV) grew revenue by 82.6% over the past year. This is strong growth.

Is XPEV profitable?

XPeng Inc. (XPEV) reported a net loss of $3.81B for fiscal year 2025.

Dividend & Returns
What is XPEV's return on equity?

XPeng Inc. (XPEV) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.

What is XPeng Inc.'s free cash flow?

XPeng Inc. (XPEV) generated $4.91B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in XPEV back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →