--- title: "Guotai Junan Securities: Maintain XPENG-W \"Outperform Market\" Rating" description: "Guotai Junan Securities maintains an \"Outperform\" rating on XPeng-W, expecting revenues of 46.9 billion, 88.5 billion, and 118.1 billion yuan for 2024-2026, with net profits of -6 billion, -1.6 billio" type: "news" locale: "en" url: "https://longbridge.com/en/news/219289214.md" published_at: "2024-11-11T02:44:00.000Z" --- # Guotai Junan Securities: Maintain XPENG-W "Outperform Market" Rating > Guotai Junan Securities maintains an "Outperform" rating on XPeng-W, expecting revenues of 46.9 billion, 88.5 billion, and 118.1 billion yuan for 2024-2026, with net profits of -6 billion, -1.6 billion, and 2.7 billion yuan. The new models Mona M03 and P7+ will drive sales growth, and the implementation of a pure visual solution will allow high-end intelligent driving models to enter the market under 200,000 yuan, with the company's operating cycle expected to continue to rise Guosen Securities released a research report stating that it maintains an "Outperform" rating for XPeng-W. Considering the company's new models represented by the Mona M03 and P7+ in the second half of the year, the implementation of the company's pure visual solution will penetrate high-end intelligent driving models into the market under 200,000, accelerating the realization of equal rights in high-end intelligent driving. Coupled with the launch of more new models in the future, the company's operating cycle continues to trend upward. The revenue and profit forecasts for the company have been raised, with expected revenues of 469/885/118.1 billion yuan and net profits of -6/1.6/2.7 billion yuan for 2024-2026 ### Related Stocks - [XPEV.US - XPeng](https://longbridge.com/en/quote/XPEV.US.md) - [09868.HK - XPENG-W](https://longbridge.com/en/quote/09868.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Xpeng secures L3 autonomous driving road test permits in Guangzhou | Xpeng has secured L3 autonomous driving road test permits in Guangzhou, marking a significant regulatory update in China | [Link](https://longbridge.com/en/news/269821815.md) | | XPEV Earnings: XPeng Stock Falls Despite Narrower Q3 Loss and Solid Margins. Here's Why | XPeng (XPEV) reported a narrower Q3 loss and improved margins, with revenue up 101.8% year-over-year. Despite this, XPEV | [Link](https://longbridge.com/en/news/266175267.md) | | ROI-West needs its own pricing to escape China's rare earths grip: Andy Home | A recent surge in rare earth prices has lifted them above the U.S. government's guaranteed floor price for MP Materials, | [Link](https://longbridge.com/en/news/276459435.md) | | Xpeng reveals GX as new flagship SUV | Xpeng, a Chinese EV maker, is set to launch its new flagship six-seater SUV, the GX, in China. The model will be availab | [Link](https://longbridge.com/en/news/276145922.md) | | CBOT wheat highest since June on short covering | Chicago Board of Trade wheat futures reached their highest level since June due to a short-covering rally and concerns o | [Link](https://longbridge.com/en/news/276485369.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.