{
  "id": 3112039,
  "title": "Macquarie cuts XPeng stock price target to $18 on lower valuations",
  "url": "https://urgent.news/2026/08/24/macquarie-cuts-xpeng-stock-price-target-to-18-on-lower-valuations",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T20:58:50.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/macquarie-cuts-xpeng-stock-price-target-to-18-on-lower-valuations-93CH-4874215"
  },
  "original_language": "en",
  "account": "Macquarie maintained an Outperform rating on XPeng (NYSE:XPEV) but reduced its price target to $18.00, citing lower valuations among peers. Q2 volume and revenue aligned with expectations, and the company's gross margin exceeded estimates. However, adjusted net profit fell short of Bloomberg consensus. The stock is currently trading near its 52-week low of $11.49, though InvestingPro data suggests it may be undervalued. Revenue growth is robust at 48% YoY, and gross profit margin is at 20%. Third-quarter volume guidance was softer than expected, with management anticipating a potential acceleration in fourth-quarter sales, possibly reaching 60,000 units. Macquarie cut its H-share price target by 4% and U.S. ADR price target by 5%, reflecting lower peer valuations and rebuilding volume momentum. The firm kept its Outperform rating on XPeng, a Chinese electric vehicle manufacturer. XPeng reported second-quarter revenue of RMB 19.7 billion, an 8% year-over-year increase and a 51.5% quarter-over-quarter rise. Despite this growth, adjusted earnings per share missed Wall Street's forecast, with a loss of $1.29 per share compared to the expected 29 cents. Vehicle revenue grew modestly by 1%, with services and other revenue, including a notable contribution from Volkswagen, contributing to the increase. Bernstein SocGen Group also set a $18.00 price target for XPeng with a Market Perform rating, while Tiger Securities lowered its target to $15.00, citing mixed results and a weaker near-term delivery outlook. XPeng is advancing in autonomous driving and humanoid robotics. This report, generated with AI assistance, was reviewed by an editor.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}