Gelonghui, November 27 | Xiaopeng Autos (XPEV.US) rose over 4.2% in pre-market trading, reaching $11.87. According to recent reports from DBS, there is a strong backlog of sales for the Xiaopeng P7+ and MONA M03 models, and with four new models set to be launched next year, the sales growth forecast for fiscal years 2025 and 2026 has been raised to 65% and 25%, respectively, equating to approximately 0.308 million and 385,000 units. The expansion of the Kunpeng Super Electric System (which can seamlessly switch between pure electric and extended range driving) in the EREV market will accelerate future growth. DBS indicated that due to improved sales and profit outlooks, they have raised the target price for Xiaopeng Autos ADR from $15 to $17, maintaining a 'buy' rating. (Gelonghui)
美股异动｜小鹏汽车盘前涨超4% 绩后获星展上调目标价至17美元并上调销量预测
U.S. stocks move unusually | XPeng Motors rose more than 4% in pre-market trading, with DBS Bank raising the target price to $17 and increasing sales volume forecasts after earnings.
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