XPeng's February Shock: Deliveries Tumble 50%
XPeng Inc. stock slipped in Monday’s premarket trading after the EV maker reported a sharp year-over-year drop in February deliveries.
Details
The company delivered 15,256 vehicles in February, a steep 49.90% drop from a year earlier and a 23.76% decline from January.
In February, XPeng kicked off global deliveries of its new P7+, with the first shipment heading to 18 countries. This milestone marks a significant step in bringing the vehicle’s intelligent, spacious driving experience to young families worldwide, the company said.
The company will also host a media event in Guangzhou on March 2, 2026, where it plans to unveil its second-generation VLA system ahead of a broader rollout later in March.
XPeng’s Bearish Trend
The stock is currently trading 5.3% below its 20-day simple moving average (SMA) and 10.1% below its 100-day SMA, indicating a bearish trend in the short to medium term. Over the past 12 months, shares have decreased by 39.2%, and they are currently positioned closer to their 52-week lows than highs.
The RSI is at 50.00, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold at this time. Meanwhile, MACD is at 0.10, below its signal line at 0.15, indicating bearish pressure on the stock.
The combination of neutral RSI and bearish MACD suggests mixed momentum in the stock’s performance.
- Key Resistance: $20.00
- Key Support: $16.00
Upcoming Financial Update and Analyst Ratings for XPEV
XPeng is slated to provide its next financial update on March 17, 2026.
- EPS Estimate: Loss of 20 cents (Up from Loss of 20 cents YoY)
- Revenue Estimate: $3.32 Billion (Up from $2.21 Billion YoY)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $20.88. Recent analyst moves include:
- Freedom Capital Markets: Upgraded to Buy (Raises Target to $25.00) (Jan. 6)
XPEV Price Action: XPeng shares were down 2.73% at $17.07 during premarket trading on Monday.
Image via Shutterstock
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple Partner Reaches One Million People With Safe Water
NASDAQ TRADE HALT CONTINUES <UCFIW.O> REASON NOT AVAILABLE AT 03:58 AM
VIPCross-Asset Positioning Amid AI Earnings Scrutiny and the US Election
1. Markets diverged during the week. Between the October 23 and October 30 closes, BTC fell 4.78%, the Nasdaq 100 declined 1.98%, and gold and silver dropped 2.72% and 8.59%, respectively. The DAX, KOSPI, Nikkei 225 and Hang Seng advanced. We focus on differences in growth prospects, valuation sensitivity and risk exposures rather than applying a single directional view across assets. 2. Market reactions to Alphabet's and Intel's earnings brought returns on AI investment into focus. Attention is shifting from the scale of capital expenditure to revenue realization, margins and free cash flow. Lower interest rates can ease discount-rate pressure, but a sustained valuation recovery still requires support from both operating performance and financing conditions. 3. The November 3 US midterm elections and November 6 employment report are key events in the coming week. We monitor how post-election fiscal and legislative agendas may affect interest rates, the dollar and industry operating conditions. Our execution priorities are to manage leverage and concentration, retain margin and exit-liquidity buffers, and avoid treating a single political outcome as an automatic trading signal. 4. Following Binance's disclosure of a security incident, industry attention to endpoint protection, access segregation and coordinated incident response has increased. Key assets to monitor: BTC, the Nasdaq 100, crude oil and gold, alongside upcoming earnings from AAPL, AMD, PLTR, ARM, ANET and QCOM.
HYATT HOTELS CORP <H.N>: JEFFERIES RAISES TARGET PRICE TO $188 FROM $167
Crypto prices
More
