0829 GMT - XPeng should report stronger earnings this year on likely healthy sales momentum and its new model pipeline, Morningstar senior equity analyst Vincent Sun writes in a note. The carmaker's 4Q margin improvement was stronger than expected despite pressure from promotional activities, Sun says. Management has guided for continued expansion in vehicle margin this year on strong sales, as well as for turning profitable this 4Q, Morningstar adds. XPeng's pipeline of new models should drive robust momentum in sales volumes, it adds. Morningstar raises its fair value estimate on the stock to $17.00 from $15.20. Its ADRs last closed at $23.80. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
March 20, 2025 04:29 ET (08:29 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。