JPMorgan Adjusts XPENG-W Price Target to HK$118, Keeps Overweight Rating

Stock News

06/01

JPMorgan has updated its research report on XPENG-W (HKEX: 09868), revising its 2026 loss forecast to RMB 3.92 billion from a previous estimate of RMB 3.891 billion. The adjusted loss projection is set at RMB 3.47 billion, reflecting the company's first-quarter performance. Consequently, the bank has lowered its target price from HK$135 to HK$118.

The report notes that XPENG's Q1 results were largely in line with expectations. JPMorgan maintains a positive outlook on the company, anticipating an acceleration in sales growth starting from the second quarter. Additionally, expansion in overseas markets and developments related to artificial intelligence are expected to support a long-term potential revaluation of the stock. The firm reaffirms its "Overweight" rating.

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The firm reaffirms its \"Overweight\" rating.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0593848301.USD","symbol_name":"未来资产亚洲卓越消费股票基金A","start_time":0,"source_url":"","article_id":"1154993841","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154993841","pubTimestamp":1780284951,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"JPMorgan has updated its research report on XPENG-W (HKEX: 09868), revising its 2026 loss forecast to RMB 3.92 billion from a previous estimate of RMB 3.891 billion. The adjusted loss projection is...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","BK1575":"同股不同权","XPEV":"小鹏集团","BK1587":"次新股","BK1539":"汽车股","BK1119":"汽车制造商","09868":"小鹏集团-W","BK1588":"回港中概股","BK1610":"ETF&股票定投概念"},"translate_title":"摩根大通将小鹏汽车-W目标价调整至118港元，维持跑赢大盘评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XPEV":1,"09868":1},"content_text":"JPMorgan has updated its research report on XPENG-W (HKEX: 09868), revising its 2026 loss forecast to RMB 3.92 billion from a previous estimate of RMB 3.891 billion. The adjusted loss projection is set at RMB 3.47 billion, reflecting the company's first-quarter performance. Consequently, the bank has lowered its target price from HK$135 to HK$118.\nThe report notes that XPENG's Q1 results were largely in line with expectations. JPMorgan maintains a positive outlook on the company, anticipating an acceleration in sales growth starting from the second quarter. Additionally, expansion in overseas markets and developments related to artificial intelligence are expected to support a long-term potential revaluation of the stock. The firm reaffirms its \"Overweight\" rating.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}