<div id="readability-page-1"><p>XPeng Inc. (NYSE:XPEV - Get Free Report) shot up 5% during trading on Thursday . The stock traded as high as $22.50 and last traded at $22.74. 3,985,205 shares were traded  during mid-day trading, a decline of 70% from the average session volume of 13,073,328 shares. The stock had previously closed at $21.66.</p><h2>Analyst Upgrades and Downgrades</h2><ul><li>2 Chinese EV Makers Setting Record Sales and Improving Margins</li></ul><p>Several brokerages recently commented on XPEV. The Goldman Sachs Group lowered shares of XPeng from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and set a $12.50 price target for the company. in a report on Thursday, November 21st. UBS Group raised shares of XPeng from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and boosted their price target for the stock from $8.80 to $18.00 in a report on Monday, February 24th. China Renaissance raised shares of XPeng from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $16.70 price target for the company in a report on Friday, November 22nd. Macquarie  reaffirmed a &#34;neutral&#34; rating and set a $18.00 target price on shares of XPeng in a research note on Friday, February 7th. Finally, Sanford C. Bernstein lifted their target price on shares of XPeng from $9.00 to $14.00 and gave the stock a &#34;market perform&#34; rating in a research note on Wednesday, November 20th. Five analysts have rated the stock with a hold rating, four have given a buy rating and one  has issued  a strong buy rating to the stock. According to MarketBeat, XPeng  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $13.93.</p><p><b>Read Our Latest Report on XPeng</b></p><h2>XPeng Price Performance</h2><ul><li>China’s EV Rally: Should Investors Chase, Avoid, or Buy the Dip?</li></ul><p>The company has a debt-to-equity ratio of 0.22, a current ratio of 1.37 and a quick ratio of 1.18. The company has a market capitalization of $22.16 billion, a PE ratio of -27.04 and a beta of 2.68. The stock's 50 day simple moving average is $15.93 and its 200-day simple moving average is $12.88. </p><h2>Institutional Trading of XPeng</h2><p>A number of institutional investors and hedge funds have recently bought and sold shares of the business. Alibaba Group Holding Ltd increased its stake in  XPeng by 21.2% during the fourth quarter. Alibaba Group Holding Ltd now owns 37,959,232 shares of the company's stock worth $448,678,000 after purchasing an additional 6,650,000 shares during the period.  TMT General Partner Ltd purchased a new stake in shares of  XPeng during the fourth quarter worth approximately $205,501,000.  JPMorgan Chase &amp; Co. increased its stake in shares of  XPeng by 1,138.1% during the fourth quarter. JPMorgan Chase &amp; Co. now owns 4,598,454 shares of the company's stock worth $54,354,000 after buying an additional 4,227,055 shares during the period.  Point72 Hong Kong Ltd purchased a new stake in shares of  XPeng during the third quarter worth approximately $22,047,000.  Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of  XPeng by 947.5% during the fourth quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,759,750 shares of the company's stock worth $20,800,000 after buying an additional 1,591,750 shares during the period. 21.09% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>XPeng Company Profile</h2> (Get Free Report)<ul><li>Li Auto Breaks Range Anxiety With Its Extended Range EVs </li></ul><p>XPeng Inc designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.</p><h2>Read More</h2><ul><li>Five stocks we like better than XPeng</li><li>How to Evaluate a Stock Before Buying </li><li>These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?</li><li>How to Short Nasdaq: An Easy-to-Follow Guide</li><li>3 Stocks to Buy While Others Stay on the Sidelines</li><li>What Investors Need to Know to Beat the Market</li><li>MarketBeat Week in Review – 03/03 - 03/07</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in XPeng Right Now?</h2><p>Before you consider XPeng, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and XPeng wasn't on the list.</p><p>While XPeng currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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XPEV

<p>XPeng Inc. (NYSE:XPEV) saw its stock price rise by 5% during trading, reaching $22.74. Despite a significant drop in trading volume, several analysts have adjusted their ratings: Goldman Sachs downgraded it to "neutral" with a $12.50 target, while UBS upgraded it to "neutral" with an $18.00 target. The stock has a consensus rating of "Moderate Buy" with an average target of $13.93. Institutional investors have increased their stakes, with Alibaba raising its stake by 21.2%. XPeng specializes in smart electric vehicles in China.</p>

- XPeng Inc. experienced a 5% increase in stock price, reaching $22.74, with a trading volume significantly lower than average.  
- Recent analyst ratings show mixed opinions, with Goldman Sachs downgrading the stock to "neutral" while UBS and China Renaissance upgraded their ratings.  
- XPeng has a market capitalization of $22.16 billion and a consensus rating of "Moderate Buy," with institutional investors increasing their stakes in the company.

XPeng (NYSE:XPEV) Stock Price Up 5% - Here's What Happened