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Stock impact report

Macquarie Lowers XPeng (XPEV) Target as Subsidy Cuts Weigh on Outlook [Yahoo! Finance]

XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) 
Company Research Source: Yahoo! Finance
Inc. (NYSE:XPEV) from $32 to $26, while retaining an Outperform rating on the electric vehicle manufacturer. The firm referred to 2026 as a “transition year” for XPeng Inc. (NYSE:XPEV), as the company intends to grow its product selection with four additional models despite the possibly declining electric-vehicle interest in China. Analyst Eugene Hsiao stated that XPeng's net income profitability threshold could vary drastically depending on the revenue makeup of Volkswagen volume-based costs, with “Other” gross profit expected to fall 27% year-over-year in 2026. The firm also reduced its fiscal year 2026 volume forecast for XPeng Inc. (NYSE:XPEV) by 8% to 545,000 units, citing decreased federal subsidies for the company's MONA M03 product. XPeng Inc. (NYSE:XPEV) is a Chinese smart electric vehicle manufacturer. The company designs and produces intelligent EVs. XPeng also develops proprietary autonomous driving software, advanced driver-assistance systems, and AI-powered smart coc Show less Read more
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