XPeng Inc. (XPEV)

Remember: overall analyst rating for XPEV is a STRONG BUY. Back in January 2022,
Macquarie analyst Erica Chen initiated coverage on XPeng Inc (NYSE: XPEV) with an Outperform rating and maintained it through a month ago. The analyst forecasts 31% annual electric vehicle unit sales growth for China and over 50% annual revenue growth for through 2024. Supporting reference:

"Here’s what leading stock market gurus have to say about XPeng Inc. [XPEV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XPEV shares is $43.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XPEV stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Macquarie have made an estimate for XPeng Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 25, 2022. While these analysts kept the previous recommendation, HSBC Securities raised their target price to Buy. The new note on the price target was released on April 01, 2022, representing the official price target for XPeng Inc. stock. Previously, the target price had yet another raise to $55.60, while China Renaissance analysts kept a Buy rating on XPEV stock.

The Average True Range (ATR) for XPeng Inc. is set at 1.96, with the Price to Sales ratio for XPEV stock in the period of the last 12 months amounting to 5.92. The Price to Book ratio for the last quarter was 3.53, with the Price to Cash per share for the same quarter was set at 5.89."

Take advantage. Do you due diligence is believe in the strong supporting fundamentals market makers want you to ignore. Keep buying. Keep holding.

Xpeng should be 50+ at least given financial.

The US-China relations are causing short-term confusion.

In the end, Xpeng will come out the winner.

Excellent July delivery numbers for both $XPEV and $NIO, as expected. 1.4 billion population is 1.4 billion reasons to maintain a long term approach to investing in Chinese stocks.
Metrics are stronger for both companies than newbs like RIVN and LCID. Yet valuation is continues to be manipulated, even with markets hitting bottom weeks ago.
NIO has over 1,000 swapping/charging stations in China now. RIVN has 2. Delivery numbers for NIO and XPEV are over 10k monthly, while LCID and RIVN can't hit even 10% of that currently.
As I've discussed for ages now, NIO and XPEV are slowly implementing expansion plans around the world. NIO is opening a new manufacturing plant in Hungary this September.
Only a matter of time before we get bigger news with expansion into the U.S.
Over the last couple of weeks, ridiculous low volume is being used to easily drive share prices down.
These low share price range are oversold bottom levels for me.
Keep buying. Keep holding.