Macquarie Upgrades XPeng (XPEV) to Outperform

On May 28, 2026, Macquarie expert Eugene Hsiao upgraded XPeng Inc. (NYSE:XPEV) to Outperform from Neutral with an unchanged $19 terms people aft the company's Q1 results. Hsiao cited XPeng's margin-driven beat, including implicit 2 cardinal yuan successful different gross supported by VW method services. Macquarie besides noted that measurement momentum is improving and said the shares present person much than 10% upside.

Also connected May 28, BofA raised the firm's terms people connected XPeng Inc. (NYSE:XPEV) to $25 from $24 and maintained a Buy standing connected the shares. BofA said XPeng's Q1 results highlighted rapidly increasing overseas sales, which accounted for 20% of gross during the quarter. The steadfast besides noted management's people of much than 10,000 monthly overseas portion income by Q4 and implicit 100% yearly growth, portion pointing to higher planetary profitability and emerging businesses specified arsenic robotaxis and humanoid robots.

Image by Varun Kulkarni from Pixabay

Earlier that day, XPeng Inc. (NYSE:XPEV) reported Q1 gross of $1.89B, compared to $2.18B past year. Total conveyance deliveries were 62,682 for the quarter. Chairman and CEO Xiaopeng He said the institution volition present 4 caller models this year, pursuing the motorboat of the GX, and is focused connected wide accumulation of Robotaxis and humanoid robots. XPeng besides expects Q2 deliveries of 100,000-106,000 vehicles. Vice Chairman and Co-President Hongdi Brian Gu said gross borderline surpassed 20% successful Q1, supported by in-house exertion innovation and rising planetary revenue.

XPeng Inc. (NYSE:XPEV) designs, develops, manufactures, and markets astute electrical vehicles successful the People's Republic of China.

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