XPENG - +80% Reward with -15% Risk @12It is a decent entry after 4--months of consolidation post-break-out with a Wackoff-style long-term bottom.
Cautionary but a decent entry.
Target to TP#21-23 with a risk of hitting $10 as well.
TP2# 30+
9868 trade ideas
$XPEV buys. Bet on China Key Stats:
• Market Cap: $13 billion
• P/E Ratio: N/A (Company currently not profitable)
• Next Earnings Date: March 10, 2025
Technical Reasons for Potential Increase:
1. Bullish Trend: XPEV is trading near the upper end of its 52-week range, indicating strong upward momentum. 
2. Golden Cross Formation: The 50-day moving average has crossed above the 200-day moving average, a classic bullish signal suggesting continued price appreciation. 
3. Strong Relative Performance: XPEV has outperformed 95% of stocks in the Automobiles industry, showcasing its relative strength. 
Fundamental Reasons for Potential Increase:
1. Robust Delivery Growth: XPeng reported a 16% year-over-year increase in vehicle deliveries, reflecting strong demand for its EVs. 
2. Strategic Partnerships: The collaboration with Volkswagen to co-develop electrical/electronic architecture enhances XPeng’s technological capabilities and market reach. 
3. Positive Market Outlook: CEO He Xiaopeng anticipates a “knockout” phase in China’s auto market between 2025 and 2027, with EVs comprising over 85% of market penetration, positioning XPeng favorably. 
Potential Paths to Profit:
1. Buy Shares: Purchase XPEV stock at the current price of $14.13 and hold until it reaches the target price.
2. Buy LEAP Options: with OTM strike price near the target price and an expiration date beyond March 2025, then sell when the stock hits your profit target.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
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XPEV XPeng Options Ahead of EarningsIf you haven`t bought XPEV before the breakout:
Now analyzing the options chain and the chart patterns of XPEV XPeng prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $1.16.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Full Throttle! XPeng Powers Up for a Push to $23.63XPeng is building strong bullish momentum, with a gap forming around the $10.00 level. A break above the $13.73 resistance level would confirm the next leg up, positioning the stock to reach the $23.63 weekly resistance. With a compelling 5.15 risk-to-reward ratio, this setup offers a favorable opportunity for traders, while managing risk with a stop-loss at $8.77.
XPeng’s position in the growing electric vehicle (EV) market supports its bullish outlook. The company is expanding rapidly, with increased production capacity and new model launches targeting both domestic and international markets. As consumer demand for EVs grows, alongside government incentives, XPeng is well-positioned to capture market share and drive revenue growth.
This combination of technical strength and market expansion creates a solid case for XPEV’s push toward $23.63 in the near term.
NYSE:XPEV
XPEV - XPeng Inc.XPeng, Inc. designs, develops, manufactures, and markets smart electric vehicles. it's products are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). The company develops driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. It also provides a range of services to the clients, including supercharging service, maintenance service, ride-hailing service and vehicle leasing service. The company was founded by Xiao Peng He, Heng Xia, and Tao He in 2015 and is headquartered in Guangzhou, China.
XPeng Q2 Earnings Analysis: Strong Growth in DeliveriesOverview of XPeng’s Q2 Performance
Chinese electric vehicle (EV) maker XPeng Inc. (NYSE: NYSE:XPEV ) has delivered a solid performance in its fiscal second quarter of 2024, demonstrating significant growth in vehicle deliveries and revenue, though falling short of some analyst estimates. The company's revenue surged by 60.2% year-over-year (YoY) to ¥8.11 billion (approximately $1.12 billion). However, this was slightly below the consensus estimate of ¥8.21 billion ($1.13 billion). Despite this, XPeng's performance is noteworthy, particularly when considering the broader challenges in the EV market.
Vehicle Deliveries and Network Expansion
XPeng (NYSE: NYSE:XPEV ) achieved a notable 30.2% increase in vehicle deliveries compared to the same period last year, delivering a total of 30,207 vehicles in Q2 2024. This growth reflects the company's successful efforts in expanding its product offerings and scaling up its production capabilities.
The company’s physical sales network also expanded significantly, reaching 611 stores across 185 cities by the end of June 2024. Additionally, XPeng’s charging infrastructure has grown to include 1,298 stations, underscoring the company’s commitment to enhancing the customer experience and supporting the widespread adoption of EVs.
Financial Performance and Margin Improvements
XPeng’s financial results for Q2 2024 showed substantial improvements in profitability metrics, particularly in its gross margin and vehicle margin. The gross margin improved to 14.0%, a significant turnaround from a negative 3.9% in the same period last year. This improvement can be attributed to cost reductions and a more favorable product mix, which have also positively impacted the vehicle margin, rising to 6.4% from a negative 8.6% in Q2 2023.
Despite these gains, XPeng (NYSE: NYSE:XPEV ) reported an adjusted net loss per American Depositary Share (ADS) of ¥1.29 (approximately $0.18), slightly missing analyst expectations. This ongoing loss highlights the challenges XPeng faces in achieving profitability amidst a competitive market and macroeconomic headwinds.
Strategic Partnership with Volkswagen
A key highlight for XPeng (NYSE: NYSE:XPEV ) in this quarter was the strengthening of its strategic partnership with Volkswagen. This collaboration, which involves technical cooperation, has started to bear fruit, contributing to the company’s improved gross margin. According to XPeng’s leadership, this partnership is expected to drive further cost efficiencies and product innovations, bolstering the company's position in the EV market.
Outlook and Future Prospects
Looking ahead, XPeng (NYSE: NYSE:XPEV ) has a robust pipeline of new models and facelift versions slated for launch over the next three years, starting with the introduction of the MONA M03 in August. This strong product cycle is expected to drive further growth in vehicle deliveries and revenues.
For the third quarter of 2024, XPeng (NYSE: NYSE:XPEV ) has provided a guidance of 41,000 to 45,000 vehicle deliveries, representing a YoY increase of 2.5% to 12.5%. The company also expects Q3 revenue to range between ¥9.1 billion and ¥9.8 billion, indicating a YoY growth of 6.7% to 14.9%.
Conclusion
XPeng’s Q2 2024 results highlights the company’s resilience and strategic progress in the highly competitive EV market. With strong delivery growth, improved margins, and a promising partnership with Volkswagen, XPeng is well-positioned for future success. However, the company must continue to navigate the challenges posed by domestic and international market pressures, including a price war in China and protectionist tariffs from the U.S. and EU.
Bottom ZoneWe are in a broad bottom zone that has begun to be built in the end of March already
There were chances for short term traders espcecially at the end of April to the end of May when Xpeng tried to beak out of the range. Finally the range has been confirmed and may be considered as bottom building . The Bollinger Band is confirming the undecidedness of the market at present. Thus everything is posssible from here. But as I consider Xpeng being a healthy company and the stock had lost about 90 % of its top prices I prefer the upside to be challenged.
Mind that the present support is in force since October 2022 already which was the Covid low.
XPEV: Bullish Harmonic PatternXPEV: Bullish Harmonic Pattern
After the price completed a bullish harmonic pattern near 7.8 we can see a clear bullish price reaction.
This movement could be also the beginning of a new bullish trend.
7.8 price zone was tested at the begining of February and so far the price is only rising
indicating for further growth.
Targets on chart 10.28, 12.30, 17.50 and
14.35 is also a very important target where the price may face a strong resistance zone.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Whats your thought on this?Personally I would start bet some some money around $6.5-7 per share based on the technical perspective and I believe EV will get dominant share in car industry for sure.
XPeng Faced With Staffing Adjustments and Leadership ShiftsXPeng ( NYSE:XPEV ), an electric vehicle manufacturer, is facing challenges in transitioning to a dealer-dependent sales model due to staffing adjustments and leadership shifts. Gu Yuanqin, former XPeng vice president of financial platform operations and management, has taken over as head of sales, taking over the duties of previous head of sales Wang Tong. Gu has contributed to the development of Xpeng's lane-level navigation and positioning system at his former company. Wang, who oversaw key account sales operations, assumed leadership of sales after the merger of Xpeng's direct and distribution systems in 2023.
XPeng previously attempted to boost sales by implementing sales channel adjustments, such as mandating dealers to acquire a specific number of vehicles monthly. However, this strategy is encountering obstacles. XPeng's initial sales model was managed directly by its initial 20 stores. Yu Tao, currently the head of marketing for Oppo's OnePlus brand, is expected to join XPeng as its vice president of marketing soon.
Yu will oversee marketing, public relations, and communications, reporting directly to President Wang Fengying. XPeng aims to sell 280,000 units this year, which requires an average of over 30,000 units per month for the remainder of the year.
Stock Performance
XPeng ( NYSE:XPEV ) closed Fridays' trading session up 1.23% trading with a Relative Strength Index (RSI) of 49.86 which is quite prime for further surge henceforth.
$XPEV Gaps Staying Open - Weekly Double TopLove myself a non Tesla EV Short. Thinking these gaps will stay open and the double top intact. Stop above first gap.
XPeng Stock Soars 6% on Earnings Reports XPeng ( NYSE:XPEV ), a Chinese electric vehicle (EV) maker that focuses on artificial intelligence (AI) technology, reported better-than-expected results as deliveries of its electric vehicles jumped. The company's loss was slashed in half, and revenue was up 62.3% year-over-year. Delivery increases increased 19.7% due to lower prices and the launch of a new model. American depositary receipts (ADRs) of XPeng ( NYSE:XPEV ) surged after the company posted strong sales and slashed its losses on higher deliveries.
XPeng ( NYSE:XPEV ) reported a first-quarter loss of 1.37 billion Chinese yuan ($190 million), about a billion yuan less than a year ago. Adjusted loss per American depositary share (ADS) of CNY1.49 was narrower than estimates. Revenue soared 62.3% to CNY6.55 billion, also better than forecasts. Gross margin skyrocketed to 12.9% from 1.7% a year ago.
Vehicle deliveries were up 19.7% year-over-year to 21,821, helped by a March price cut and the introduction of its X9 model during the quarter. Co-President Dr. Hongdi Brian Gu said that the performance came “despite fierce market competition,” arguing that the company “has developed a unique approach to lift its profitability and international market potential by providing smart technologies.”
XPeng ( NYSE:XPEV ) expects current-quarter deliveries of 29,000 to 32,000, representing a 25.0% to 37.9% increase from a year earlier. It sees revenue in a range of CNY7.5 billion to CNY8.3 billion, a jump of 48.1% to 63.9% from Q2 2023. XPeng ADRs ( NYSE:XPEV ) shares surged 8% to $8.77 as of the time of writing but have lost more than a third of their value this year.
XPEV XPeng Options Ahead of Earnings If you haven`t bought the previous dip on XPEV:
nor sold before the last earnings report:
Then analyzing the options chain and the chart patterns of XPEV XPeng prior to the earnings report this week,
I would consider purchasing the 8.50usd strike price Calls with
an expiration date of 2024-5-24,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Close to the Alltime LowThere is not much to say. Neither the indicators nor the chart picture indicate an immediate rise.
And the monthly chart gives an impression of a complete loser from the very beginning.
The purchase of the development branch from DiDi in 2023 gave only a glimpse of hope.
But Xiaopeng is not a loser. The sales of cars are exploding.
If there was a hype I would think that there must be reasons for the continuing drop, some kind of bad news. But there was no hype but a steady fall.
And even if there are some bad news they can not eradicate the glorious success of the company for years.
Now we are reaching the alltime low of 2022 again which may provide some hard support to the share. Good time for the market to take reality into account.
XPEV Elliot Impulse Wave I think that NYSE:XPEV completed the Elliot WXYXZ correction wave in April 2024, which started in July 2023.
I think that the major Elliot wave, which I am currently showing with the red line, has started 3 impulse waves. I think that this 3rd impulse wave will make the 1st wave. This impulse movement can take NYSE:XPEV up to $13-$15.
Take Profit Point 1: $10.2
Take Profit Point 2: $13
Take Profit Point 3: $15
Invalidation Level: $6
Xpeng $8.24.Breaking up right now.Critical resistance here from previous high. Looks like it’s going higher quickly
XPeng: Knock Knock 🚪The XPEV share is currently trying again to establish itself below the $7.51 support level. We assume that it will succeed in doing so soon. The green wave (2) should lead to a sell-off to the blue Target Zone (coordinates: $5.31 - $3.01). There we expect the low of the protracted correction and thus a long-term trend reversal. Traders and (long-term) investors can take advantage of the price range to build up long positions.
hourly xpengNear ATL
At support
Hourly channel
diamond bottom
d point buy in
40% from d to gap fill
am bullish .
XPEV lost its little supportXPENG lost the little support it had.. The drop to 6.28-6.40$ is on its table... and i will be waiting :) kaching!
XPEV XPeng Options Ahead of EarningsIf you haven`t bought the dip on XPEV:
Then analyzing the options chain and the chart patterns of XPEV XPeng prior to the earnings report this week,
I would consider purchasing the 9.50usd strike price Puts with
an expiration date of 2024-3-22,
for a premium of approximately $0.51.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
XPEV: Reversal From February 2024XPEV: Reversal From February 2024
After the price completed a bullish harmonic pattern near 7.8 we can see a clear bullish price reaction.
This movement could be also the beginning of a new bullish trend.
7.8 price zone was tested at the begining of February and so far the price is only rising
indicating for further growth.
Targets on the chart 12.30 and 17.50 are the swing targets of the pattern and 14.35
is also a very important target where the price may face a strong resistance zone.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Xpeng probably found a bottom hereXpeng and VW group has made an agrement on building electric cars together.
With this in mind, and looking at the chart, we should see some momentum on xpeng in the coming weeks!
After serval retests of 8 dollars, it shuld be time to go back to 14-18 dollars next
XPEV in Bear TrendI dont see any signs of recovery
Until it breaks aways from this bear channel. I dont see any positive signs technically
Earnings coming soon and it looks like it will hit the bottom again or may be even go lower
if there is a miracle then it might reverse but that doesn't look like on the horizon technically!
STAY AWAY!!
