{"id":20422,"date":"2023-06-09T08:37:48","date_gmt":"2023-06-09T12:37:48","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/down-85-from-its-highs-what-ails-xpeng-stock\/"},"modified":"2023-06-09T08:37:49","modified_gmt":"2023-06-09T12:37:49","slug":"down-85-from-its-highs-what-ails-xpeng-stock","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=20422","title":{"rendered":"Down 85% From Its Highs, What Ails XPeng Stock?"},"content":{"rendered":"
\n

XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen in 2020. So what\u2019s happening with the company? XPeng\u2019s recent performance has been tough. Deliveries over Q1 fell by almost 47% from the same period a year ago, with revenues also falling short of expectations coming in at 4.03 billion Chinese yuan ($572 million), about 50% below last year\u2019s figure. While the Chinese economy has seen a mixed recovery following the easing of Covid-19 restrictions late last year, EV sales have actually been on the rise, expanding by about 25% in Q1. This could mean that XPeng is actually being impacted by mounting competition from the likes of Li Auto – which has seen a surge in demand following the launch of multiple new versions of its range-extender EVs and also by Tesla
\n TSLA
\n <\/fbs-ticker>, which has been reducing prices to spur demand in China. XPeng\u2019s outlook also remains tough, with deliveries forecast at just between 21,000 and 22,000 for Q2, representing a year-over-year decline of over 36%.<\/p>\n

There are a couple of things for XPeng investors to look forward to. XPeng does have new models such as the G6 SUV, which should see deliveries begin in the summer. The new SUV, which is expected to see pricing starting at about $28,000, is based on next-generation technology architecture and could stimulate interest in Xpeng\u2019s product line. Moreover, the new tech architecture called Smart Electric Platform Architecture 2.0 is expected to reduce the cost of development and manufacturing for future models. However, this may not be enough to turn around the company\u2019s stock. Even at the current market price of a little over $8 per share, XPeng stock trades at 1.6x projected 2023 revenues, which could be perceived as high for an automaker that is seeing declining sales and remains loss-making. Check out our analysis on Nio, XPeng & Li Auto: How Do Chinese EV Stocks Compare?<\/strong> for more details on how XPeng stock stacks up versus its peers Nio and Li Auto.<\/p>\n

What if you\u2019re looking for a more balanced portfolio instead? Here\u2019s a high-quality portfolio<\/strong> that\u2019s beaten the market consistently since 2016.<\/p>\n

<\/fbs-ad><\/p>\n

Invest with Trefis <\/strong>Market Beating Portfolios<\/strong><\/p>\n

See all Trefis <\/strong>Price Estimates<\/strong><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen in 2020. So what\u2019s happening with the company? XPeng\u2019s recent performance has been tough. Deliveries over Q1 fell by almost 47% from the same period a year ago, with revenues […]<\/p>\n","protected":false},"author":1,"featured_media":20423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-20422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"\nDown 85% From Its Highs, What Ails XPeng Stock? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=20422\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Down 85% From Its Highs, What Ails XPeng Stock? | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=20422\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-09T12:37:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-09T12:37:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686314268_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=20422#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=20422\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Down 85% From Its Highs, What Ails XPeng Stock?\",\"datePublished\":\"2023-06-09T12:37:48+00:00\",\"dateModified\":\"2023-06-09T12:37:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=20422\"},\"wordCount\":384,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=20422#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=20422\",\"url\":\"https:\/\/ifintechworld.com\/?p=20422\",\"name\":\"Down 85% From Its Highs, What Ails XPeng Stock? | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-09T12:37:48+00:00\",\"dateModified\":\"2023-06-09T12:37:49+00:00\",\"description\":\"XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=20422#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=20422\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=20422#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Down 85% From Its Highs, What Ails XPeng Stock?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Down 85% From Its Highs, What Ails XPeng Stock? | iFintechWorld","description":"XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=20422","og_locale":"en_US","og_type":"article","og_title":"Down 85% From Its Highs, What Ails XPeng Stock? | iFintechWorld","og_description":"XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen","og_url":"https:\/\/ifintechworld.com\/?p=20422","og_site_name":"iFintechWorld","article_published_time":"2023-06-09T12:37:48+00:00","article_modified_time":"2023-06-09T12:37:49+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686314268_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=20422#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=20422"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Down 85% From Its Highs, What Ails XPeng Stock?","datePublished":"2023-06-09T12:37:48+00:00","dateModified":"2023-06-09T12:37:49+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=20422"},"wordCount":384,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=20422#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=20422","url":"https:\/\/ifintechworld.com\/?p=20422","name":"Down 85% From Its Highs, What Ails XPeng Stock? | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-09T12:37:48+00:00","dateModified":"2023-06-09T12:37:49+00:00","description":"XPeng stock continues to underperform this year, declining by about 16% year-to-date. The stock also remains down by over 85% from its all-time highs seen","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=20422#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=20422"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=20422#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Down 85% From Its Highs, What Ails XPeng Stock?"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/20422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20422"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/20422\/revisions"}],"predecessor-version":[{"id":20424,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/20422\/revisions\/20424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/20423"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}