Understanding the Market | XPENG-W rose nearly 4% today and will disclose its third-quarter report. Morgan Stanley is optimistic about its gross margin expansion
XPENG-W rose nearly 4%, as of the time of writing, up 3.98%, priced at HKD 52.2, with a transaction volume of HKD 956 million. In terms of news, XPeng will release its third-quarter report today. JP Morgan's research report indicates that gross margins are expected to expand, while marketing, general, and administrative expenses will remain flat. The firm expects management to guide fourth-quarter deliveries to reach 80,000 units. As for 2025, the firm anticipates that XPeng will record a sales growth of 119%, reaching 392,000 units. Additionally, the firm expects that sales of the P7+ will reach 10,000 units in December, with total sales for 2025 reaching 124,000 units, and anticipates that management will provide more details about new models for next year during the earnings call. Citi released a report stating that it believes the P7+ and M03 will help XPeng achieve 30,000 deliveries in November, asserting that the success of the P7+ and M03 proves that XPeng's economical ADAS strategy is working. Jefferies pointed out that the pricing of the "XPeng P7+" is attractive, expecting to achieve monthly sales of 10,000 units, estimating that monthly sales will exceed 30,000 units by the end of the year, in order to reflect a more optimistic sales forecast
According to Zhitong Finance APP, XPeng-W (09868) rose nearly 4%, up 3.98% as of the time of writing, priced at HKD 52.2, with a transaction volume of HKD 956 million.
In terms of news, XPeng will release its third-quarter report today. JP Morgan's research report indicates that gross margins are expected to expand, while marketing, general, and administrative expenses will remain flat. The firm expects management to guide fourth-quarter deliveries to reach 80,000 units. As for 2025, the firm anticipates that XPeng will record a sales growth of 119%, reaching 392,000 units. Additionally, the firm expects that the sales of the P7+ will reach 10,000 units in December, with total sales for 2025 reaching 124,000 units, and anticipates that management will provide more details about new models for next year during the earnings conference.
Citi released a research report stating that it believes the P7+ and M03 will help XPeng achieve 30,000 deliveries in November, asserting that the success of the P7+ and M03 proves that XPeng's economical ADAS strategy is working. Jefferies pointed out that the pricing of the "XPeng P7+" is attractive, expecting it to achieve monthly sales of 10,000 units, estimating that monthly sales will exceed 30,000 units by the end of the year, in order to reflect a more optimistic sales forecast