XPeng: X9 A Major Catalyst
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The Asian Investor31.08K FollowersFollow5ShareSavePlay(12min)CommentsSummaryXPeng posted strong Q3 earnings, with total gross margins exceeding 20% and robust delivery growth driven by Mona 03 and X9 models.XPEV's delivery momentum, especially in low-cost EVs, positions it as a profitable start-up among Chinese EV peers, outpacing NIO and Li Auto in Q3 delivery growth.The launch of the X9 Extended-Range Edition and upcoming G6 SUV, alongside robotaxi trials, are key 2026 catalysts supporting further delivery and margin expansion.Shares trade at a 1.2X forward revenue multiple, with a fair value estimate of $22.45, implying 14% upside if momentum persists.Richard Drury/DigitalVision via Getty Images XPeng (XPEV) reported better-than-expected earnings for its third-quarter in November and benefited from a strong up-surge in deliveries, driven by new models such as the XPeng X9 Multi-Purpose-Vehicle which competes with Li Auto's (This article was written byThe Asian Investor31.08K FollowersFollowI am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.Analyst’s Disclosure:I/we have a beneficial long position in the shares of NIO, LI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You