XPeng Set to Benefit From Robots Business -- Market Talk

Dow Jones
06/08

0425 GMT - XPeng will likely benefit from its AI-related businesses such as humanoid robots and robotaxi, Daiwa analyst Kelvin Lau says in a note. Daiwa increased its 2027 revenue guidance for XPeng by 13% to reflect the revenue contribution from humanoid robots. Meanwhile, the company's strategy of localizing production will likely mitigate geopolitical risks, he says. XPeng's recent gross profit margin expansion also indicate an improving product mix and better cost control, he says. XPeng's management expects overseas revenue contribution to exceed 20% from 2Q, supported by the start of P7+ deliveries abroad, he adds. Daiwa maintains a buy rating for the stock but cuts its target price to $25 from $29 on lower EV growth in the domestic market. Shares last closed at $15.95. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

June 08, 2026 00:25 ET (04:25 GMT)

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